Cloudflare, Inc. balance sheet
At the end of its fiscal year on Dec 31, 2025, Cloudflare, Inc. reported total assets of $6.04B and shareholders' equity of $1.46B. That works out to liabilities equal to 76% of assets, a current ratio of 1.98 (current assets ÷ current liabilities).
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | $298.38M | $830.82M | $1.38B | $2.37B | $2.59B | $2.76B | $3.30B | $6.04B |
| Current assets | — | $196.74M | $689.87M | $1.13B | $1.96B | $1.89B | $1.98B | $2.27B | $4.64B |
| Cash & equivalents | $26.88M | $25.05M | $138.98M | $108.89M | $313.78M | $204.18M | $86.86M | $147.69M | $943.54M |
| Total liabilities | — | $80.36M | $105.00M | $563.71M | $1.56B | $1.96B | $2.00B | $2.25B | $4.58B |
| Current liabilities | — | $61.38M | $83.88M | $141.38M | $288.56M | $397.87M | $567.08M | $793.65M | $2.35B |
| Shareholders' equity | −$59.83M | −$113.50M | $725.83M | $816.94M | $811.36M | $623.96M | $763.05M | $1.05B | $1.46B |
| Reported in | 10-K 2020 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 1477333 (raw data). Most recent filing in this dataset: 10-Q filed Aug 6, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.