Discontinued — last reported Q4 '22

Other

Convertible debentures

Cloudflare, Inc. Convertible debentures increased by 0.1% to $1.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.3%, from $1.29B to $1.98B. Over 5 years (FY 2020 to FY 2025), Convertible debentures shows an upward trend with a 38.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2022

How to read this metric

An increase indicates reliance on convertible financing, which may lead to future shareholder dilution upon conversion.

Detailed definition

This represents the long-term portion of debt instruments that can be converted into a predetermined number of the compa...

Peer comparison

High-growth software companies frequently utilize convertible notes to fund expansion while managing interest expense.

Metric ID: other_convertible_debt_noncurrent

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$401.43M$1.14B$1.15B$1.43B$1.43B$1.44B$1.44B$1.44B$1.28B$1.28B$1.28B$1.28B$1.29B$1.29B$1.29B$1.29B$3.26B$1.97B$1.97B$1.98B
QoQ Change+184.8%+0.3%+24.9%+0.1%+0.1%+0.1%+0.1%-10.9%+0.1%+0.1%+0.1%+0.1%+0.1%+0.1%+0.1%+153.1%-39.5%+0.1%+0.1%
YoY Change+257.2%+25.5%+25.2%+0.3%-10.6%-10.6%-10.6%-10.6%+0.3%+0.3%+0.3%+0.3%+153.7%+53.4%+53.4%+53.3%
Range$401.43M$3.26B
CAGR+39.9%
Avg YoY Growth+36.3%
Median YoY Growth+0.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Cloudflare, Inc.'s convertible debentures?
Cloudflare, Inc. (NET) reported convertible debentures of $1.98B in Q1 2026.
How has Cloudflare, Inc.'s convertible debentures changed year-over-year?
Cloudflare, Inc.'s convertible debentures increased by 53.3% year-over-year, from $1.29B to $1.98B.
What is the long-term trend for Cloudflare, Inc.'s convertible debentures?
Over 5 years (2020 to 2025), Cloudflare, Inc.'s convertible debentures has grown at a 38.8% compound annual growth rate (CAGR), from $383.28M to $1.97B.
What does convertible debentures mean?
Long-term debt that can be exchanged for company stock at a future date.