Cloudflare, Inc.NET

Market cap
$71.2B
P/E ratio
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Net loss-106-119-260-193-184-79
Depreciation and amortization expense294967102136128
Operating Lease Cost, Noncash-2025364549
Capitalized Contract Cost, Amortization111729456178
Stock-based compensation expense375690203274338
Amortization of debt issuance costs-----4
Net accretion of discounts and amortization of premiums on available-for-sale securities2-2-804442
Deferred income taxes0-79-022
Provision for bad debt23451410
Loss on extinguishment of debt---72--50-
Other----11
Accounts receivable, net1133365611379
Contract assets113236
Deferred contract acquisition costs20365568101117
Prepaid expenses and other current assets812282238
Other noncurrent assets22-21-1-2
Accounts payable-122-101219
Accrued expenses and other current liabilities121759-52610
Accrued compensation-----19
Operating lease liabilities--21-23-32-40-55
Deferred revenue152564102134135
Other noncurrent liabilities20-5-021
Net cash provided by operating activities-39-1765124254380
Purchases of property and equipment435693144114185
Capitalized internal-use software141915202128
Asset acquisitions and business combinations, net of cash acquired-----38
Purchases of available-for-sale securities5371,2671,5891,1331,8781,572
Sales of available-for-sale securities2-26-20-
Maturities of available-for-sale securities1758409681,1491,8121,493
Other investing activities-0-0-0-0-0-0
Net cash used in investing activities-418-515-709-236-186-330
Repayments of convertible senior notes---17208-
Cash paid for issuance costs on revolving credit facility-----2
Proceeds from Stock Options Exercised3721101513
Proceeds From Stock Options Exercised Early3000-0
Repurchases of unvested common stock00000-
Proceeds from Issuance of Common Stock----1920
Payment of tax withholding obligation on RSU settlement----817
Payment of indemnity holdback--2-101
Net cash provided by (used in) financing activities5715058476-19213
Net increase (decrease) in cash, cash equivalents, and restricted cash114-27203-106-12463
Cash paid for interest124110
Income Taxes Paid, Net212245
Cash paid for operating lease liabilities-2123294151
Share-Based Payment Arrangement, Amount Capitalized2335711
Capital Expenditures Incurred but Not yet Paid4314292657
Vesting of early exercised stock options454320
Business Combination And Asset Acquisition, Indemnity Holdback Consideration-----7
Stock Issued-2266--
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability-10110334572