NET
Cloudflare, Inc.
Stock
$349.07−1.93 (−0.55%)Close Oct 2, 2026
Cash flow statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $633M | $603M | $380M | $254M | $124M | $65M | −$17M | −$39M | −$43M | $3.2M |
| Capital expenditures | $285M | $316M | $185M | $114M | $144M | $93M | $56M | $43M | $25M | $19M |
| Free cash flow | $348M | $287M | $195M | $140M | −$20M | −$28M | −$74M | −$82M | −$69M | −$16M |
| Stock-based compensation | $508M | $451M | $338M | $274M | $203M | $90M | $56M | $37M | $27M | $2.8M |
| Buybacks | — | $0 | $0 | $34K | $3K | $189K | $157K | $283K | $65K | $16K |
| Free cash flow margin | 13.9% | 13.3% | 11.7% | 10.8% | −2.1% | −4.3% | −17.1% | −28.6% | −35.7% | −11.8% |