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Cloudflare, Inc. NET Market capitalization

Market capitalization at other companies

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$2.75T-1.5%
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$2.24T+10.9%
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$16.35B+6.5%
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Akamai TechnologiesAKAM
$16.64B+37.5%
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ZscalerZS
$21.01B-35.4%
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Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$639.8M+33.5%
Gross profit$455.6M+25.3%
Operating income-$62.0M-16.4%
Net income-$22.9M+40.4%
EPS (diluted)-$0.07+36.4%

Balance sheet

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Cash & equivalents$944.4M+347%
Total debt$256.7M+36.9%
Total equity$1.5B+7.1%
Total assets$6.2B+65.6%

Cash flow

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Operating cash flow$158.3M+8.6%
CapEx$65.2M-24.1%
Free cash flow$93.1M+55.4%

Valuation

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Enterprise value$79.84B+85.1%
P/S34.6×+10.2×

Profitability

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Gross margin73.3%-3.6pp
Operating margin-9.3%+0.7pp
Net margin-3.7%-0.6pp

Returns & leverage

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Return on equity-5.9%-1.0pp
Debt / equity0.2×0.0×
Current ratio-1.2×

Where this comes from

Computed from the period-end share price: $72.63B.

The official record: Cloudflare, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cloudflare, Inc.'s market capitalization?
Cloudflare, Inc. (NET) reported market capitalization of $72.63B in Q1 2026.
How has Cloudflare, Inc.'s market capitalization changed year-over-year?
Cloudflare, Inc.'s market capitalization increased by 86.8% year-over-year, from $38.89B to $72.63B.
What is the long-term trend for Cloudflare, Inc.'s market capitalization?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s market capitalization has grown at a 16.3% compound annual growth rate (CAGR), from $135.21B to $247.34B.
What does market capitalization mean?
What the stock market says the company's equity is worth.
How do you interpret market capitalization?
A size and market-sentiment gauge, not a quality measure — interpret through valuation ratios (P/E, P/S) that relate it to fundamentals.
How does market capitalization compare across companies?
Comparable across companies as a size class; the input to every equity-price valuation multiple.