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Cloudflare, Inc. R&D Expense 2017-2026 | NET

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What is r&d expense?

Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.

What is Cloudflare, Inc.'s current r&d expense?

Cloudflare, Inc. (NET) annual r&d expense for 2025 was $512.5M, a 21.62% increase from 2024. Cloudflare, Inc. r&d expense for the quarter ending March 31, 2026 was $151.0M.

What was Cloudflare, Inc.'s r&d expense in 2024?

Cloudflare, Inc. annual r&d expense for 2024 was $421.4M, a 17.66% increase from 2023.

What was Cloudflare, Inc.'s r&d expense in 2023?

Cloudflare, Inc. annual r&d expense for 2023 was $358.1M, a 20.06% increase from 2022.

What is Cloudflare, Inc.'s 5-year r&d expense CAGR?

Cloudflare, Inc. r&d expense grew at a compound annual growth rate (CAGR) of 32.15% from FY2020 to FY2025, going from $127.1M to $512.5M over 5 years.

R&D Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+32.2%
FY2020
$127.1M
FY2025
$512.5M
171819202122232425
5 years selected
R&D Expense History
PeriodValueChangeSource
FY2025$512.5M+21.6%10-K
FY2024$421.4M+17.7%10-K
FY2023$358.1M+20.1%10-K
FY2022$298.3M+57.5%10-K
FY2021$189.4M+49.0%10-K
FY2020$127.1M+40.2%10-K
FY2019$90.7M+66.5%10-K
FY2018$54.5M+61.9%10-K
FY2017$33.6M-10-K
Company: Cloudflare, Inc.Ticker: NETSector: TechnologyIndustry: Services-Prepackaged SoftwareView company profile →