# Cloudflare, Inc. (NET) FY2024 Annual Balance Sheet

- Company: Cloudflare, Inc. (NET)
- Period: As of 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-20, accession number 0001477333-25-000043
- Page: https://plicit.ai/financials/net/fy2024-annual-balance-sheet
- Chart image: https://plicit.ai/charts/net-fy2024-annual-balance-sheet-sankey.png

## Chart details

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.