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Cloudflare, Inc. NET Rest of the world — PP&E (Net)

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Other financials

Income statement

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Revenue$696.1M+35.9%
Gross profit$499.5M+30.2%
Operating income-$205.7M-206%
Net income-$170.0M-237%
EPS (diluted)-$0.48-220%

Balance sheet

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Cash & equivalents$1.7B+9.9%
Total debt$1.6B+670%
Total equity$1.6B+30.7%
Total assets$6.5B+16.4%

Cash flow

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Operating cash flow$117.6M+17.8%
CapEx$50.0M-16.6%
Free cash flow$67.6M+69.4%

Valuation

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Market cap$110.59B+57.8%
Enterprise value$110.47B+60.6%
P/S44×+6.8×

Profitability

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Gross margin72.6%-3.6pp
Operating margin-14.1%+10.5pp
Net margin-8.2%+3.9pp
FCF margin13.9%+2.8pp

Returns & leverage

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Return on equity-14.4%+6.4pp
Debt / equity+0.8×
Current ratio1.8×-3.3×

Where this comes from

Reported directly by Cloudflare, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The source filing: Cloudflare, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:24 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001477333-26-000054
Line itemJune 30, 2026December 31, 2025
United States$375,019$298,256
Rest of the world328,190320,435
Total property and equipment, net$703,209$618,691

Item 1. FINANCIAL STATEMENTS

FAQ

What is Cloudflare, Inc.'s rest of the world — PP&E (net)?
Cloudflare, Inc. (NET) reported rest of the world — PP&E (net) of $328.19M in Q2 2026.
How has Cloudflare, Inc.'s rest of the world — PP&E (net) changed year-over-year?
Cloudflare, Inc.'s rest of the world — PP&E (net) increased by 16.8% year-over-year, from $280.94M to $328.19M.
What is the long-term trend for Cloudflare, Inc.'s rest of the world — PP&E (net)?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s rest of the world — PP&E (net) has grown at a 52.0% compound annual growth rate (CAGR), from $217.71M to $1.16B.
What does rest of the world — PP&E (net) mean?
This metric represents the net book value of tangible assets, such as servers, networking hardware, and data center infrastructure, located in geographic regions outside of the company's primary reporting markets. It reflects the capital investment required to maintain and expand the global edge network footprint necessary to deliver low-latency performance and security services. Tracking this asset base helps investors understand the geographic distribution of physical infrastructure and the scale of regional capacity expansion.

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