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Cloudflare, Inc. NET Non-cash operating lease costs

Non-cash operating lease costs at other companies

F5, Inc. logo
F5, Inc.FFIV
$7.52M-5.3%
Snowflake logo
SnowflakeSNOW
$17.88M+0.2%
NetApp logo
NetAppNTAP
$10M0.0%
F5, Inc. logo
F5, Inc.FFIV
$7.52M-5.3%
Bloom Energy logo
Bloom EnergyBE
$8M-0.8%
SQ
SQSQ

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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Market cap$79.53B+86.8%
Enterprise value$78.84B+85.1%
P/S34.2×+10.1×

Profitability

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Gross margin73.3%-3.6pp
Operating margin-9.3%+0.7pp
Net margin-3.7%-0.6pp
FCF margin13.8%+1.7pp

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

Reported directly by Cloudflare, Inc. in its filing.

Tagged under the XBRL concept cloud:OperatingLeaseCostNoncash.

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 non-cash operating lease costs?
Cloudflare, Inc. (NET) reported non-cash operating lease costs of $20.27M in Q1 2026.
How has Cloudflare, Inc.'s non-cash operating lease costs changed year-over-year?
Cloudflare, Inc.'s non-cash operating lease costs increased by 38.3% year-over-year, from $14.66M to $20.27M.
What is the long-term trend for Cloudflare, Inc.'s non-cash operating lease costs?
Over 4 years (2021 to 2025), Cloudflare, Inc.'s non-cash operating lease costs has grown at a 27.6% compound annual growth rate (CAGR), from $25.09M to $66.43M.
What does non-cash operating lease costs mean?
The non-cash accounting expense associated with the use of leased assets like office space.
How do you interpret non-cash operating lease costs?
Changes reflect shifts in the company's real estate or equipment leasing footprint rather than cash liquidity.
How does non-cash operating lease costs compare across companies?
Standardized across companies reporting under modern lease accounting standards.