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Cloudflare, Inc.

Stock

$349.07−1.93 (−0.55%)Close Oct 2, 2026

Research and development, 2025
$512M
YoY, 2025
+21.6%
5-year CAGR
+32.2%

Research and development

Research and development by fiscal year

PeriodR&DYoY
2025$512M+21.6%
2024$421M+17.7%
2023$358M+20.1%
2022$298M+57.5%
2021$189M+49.0%
2020$127M+40.2%
2019$91M+66.5%
2018$54M+61.9%
2017$34M—