Cloudflare, Inc. (NET) FY2024 Annual Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2024-12-31

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Cloudflare, Inc. (NET) FY2024 Annual Balance SheetBalance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.Current liabilities$793.65 MCurrent assets$2.27 BLiabilities$2.25 BAssets$3.30 BNon-current liabilities$1.46 BEquity$1.05 BGross equity(calculated)$2.15 BNon-current assets$1.03 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSAvailable-for-sale securitiesAccounts receivable, netCash and cash equivalentsPrepaid expenses and other current assetsContract assetsRestricted cash short-termProperty and equipment, netGoodwillDeferred contract acquisition costs, noncurrentOperating lease right-of-use assetsAcquired intangible assets, netOther noncurrent assetsRestricted cashDeferred revenueAccounts payableAccrued expenses and other current liabilitiesAccrued compensationOperating lease liabilitiesConvertible senior notes, netOperating lease liabilities, noncurrentOther noncurrent liabilitiesDeferred revenue, noncurrentAdditional paid-in capitalCommon stock - Class A common stockCommon stock - Class B common stockCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Accumulated deficitAccumulated other comprehensive income (loss)Deferred revenueDeferred revenue$477.77 MCurrent liabilitiesCurrent liabilities$793.65 MAccounts payableAccounts payable$105.81 MCurrent assetsCurrent assets$2.27 BLiabilitiesLiabilities$2.25 BAccrued expenses and other current liabilitiesAccrued expenses and other current liabilities$81.60 MAvailable-for-sale securitiesAvailable-for-sale securities$1.71 BAccrued compensationAccrued compensation$80.85 MOperating lease liabilitiesOperating lease liabilities$47.63 MAssetsAssets$3.30 BAccounts receivable, netAccounts receivable, net$316.75 MNon-current liabilitiesNon-current liabilities$1.46 BCash and cash equivalentsCash and cash equivalents$147.69 MConvertible senior notes, netConvertible senior notes, net$1.29 BPrepaid expenses and other current assetsPrepaid expenses and other current assets$75.48 MContract assetsContract assets$16.57 MOperating lease liabilities, noncurrentOperating lease liabilities, noncurrent$128.27 MRestricted cash short-termRestricted cash short-term$4.27 MOther noncurrent liabilitiesOther noncurrent liabilities$23.63 MEquityEquity$1.05 BProperty and equipment, netProperty and equipment, net$467.42 MDeferred revenue, noncurrentDeferred revenue, noncurrent$22.10 MGross equity (calculated)Gross equity(calculated)$2.15 BGoodwillGoodwill$181.09 MNon-current assetsNon-current assets$1.03 BDeferred contract acquisition costs, noncurrentDeferred contract acquisition costs, noncurrent$172.22 MAdditional paid-in capitalAdditional paid-in capital$2.15 BOperating lease right-of-use assetsOperating lease right-of-use assets$168.38 MAcquired intangible assets, netAcquired intangible assets, net$21.87 MOther noncurrent assetsOther noncurrent assets$18.95 MCommon stock - Class A common stockCommon stock - Class A common stock$307.00 KRestricted cashRestricted cash$2.25 MCommon stock - Class B common stockCommon stock - Class B common stock$37.00 KAccumulated deficitAccumulated deficit−$1.10 BAccumulated other comprehensive income (loss)Accumulated other comprehensive income (loss)−$4.25 M
Chart details

Cloudflare, Inc. (NET) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets
3,301,162,000 US dollars
Current assets
2,268,997,000 US dollars
Non-current assets
1,032,165,000 US dollars
Liabilities
2,254,961,000 US dollars
Current liabilities
793,654,000 US dollars
Non-current liabilities
1,461,307,000 US dollars
Equity
1,046,201,000 US dollars
Available-for-sale securities
1,708,228,000 US dollars
Accounts receivable, net
316,753,000 US dollars
Cash and cash equivalents
147,691,000 US dollars
Prepaid expenses and other current assets
75,484,000 US dollars
Contract assets
16,568,000 US dollars
Restricted cash short-term
4,273,000 US dollars
Property and equipment, net
467,420,000 US dollars
Goodwill
181,087,000 US dollars
Deferred contract acquisition costs, noncurrent
172,217,000 US dollars
Operating lease right-of-use assets
168,379,000 US dollars
Acquired intangible assets, net
21,865,000 US dollars
Other noncurrent assets
18,947,000 US dollars
Restricted cash
2,250,000 US dollars
Deferred revenue
477,765,000 US dollars
Accounts payable
105,807,000 US dollars
Accrued expenses and other current liabilities
81,602,000 US dollars
Accrued compensation
80,854,000 US dollars
Operating lease liabilities
47,626,000 US dollars
Convertible senior notes, net
1,287,321,000 US dollars
Operating lease liabilities, noncurrent
128,266,000 US dollars
Other noncurrent liabilities
23,625,000 US dollars
Deferred revenue, noncurrent
22,095,000 US dollars
Additional paid-in capital
2,152,750,000 US dollars
Common stock - Class A common stock
307,000 US dollars
Common stock - Class B common stock
37,000 US dollars
Accumulated deficit
negative 1,102,640,000 US dollars
Accumulated other comprehensive income (loss)
negative 4,253,000 US dollars
Gross equity (calculated)
2,153,094,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
Cloudflare, Inc. (NET) FY2024 Annual Balance Sheet Sankey chart
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