Cloudflare, Inc. (NET) FY2024 Q1 Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2024-03-31

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Cloudflare, Inc. (NET) FY2024 Q1 Balance SheetBalance sheet as of 2024-03-31. The chart shows assets, liabilities and equity at that date.Current liabilities$574.06 MCurrent assets$2.02 BLiabilities$2.00 BAssets$2.80 BNon-current liabilities$1.43 BEquity$797.22 MGross equity(calculated)$1.86 BNon-current assets$785.46 MHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSAvailable-for-sale securitiesCash and cash equivalentsAccounts receivable, netPrepaid expenses and other current assetsContract assetsRestricted cash short-termProperty and equipment, netGoodwillOperating lease right-of-use assetsDeferred contract acquisition costs, noncurrentAcquired intangible assets, netOther noncurrent assetsRestricted cashDeferred revenueAccrued expenses and other current liabilitiesAccrued compensationAccounts payableOperating lease liabilitiesConvertible senior notes, netOperating lease liabilities, noncurrentDeferred revenue, noncurrentOther noncurrent liabilitiesAdditional paid-in capitalCommon stock, value, issued - Class A common stockCommon stock, value, issued - Class B common stockCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Accumulated deficitAccumulated other comprehensive income (loss)Deferred revenueDeferred revenue$356.24 MCurrent liabilitiesCurrent liabilities$574.06 MAccrued expenses and other current liabilitiesAccrued expenses and other current liabilities$68.41 MCurrent assetsCurrent assets$2.02 BAccrued compensationAccrued compensation$62.30 MLiabilitiesLiabilities$2.00 BAvailable-for-sale securitiesAvailable-for-sale securities$1.46 BAccounts payableAccounts payable$47.83 MOperating lease liabilitiesOperating lease liabilities$39.27 MAssetsAssets$2.80 BCash and cash equivalentsCash and cash equivalents$254.40 MNon-current liabilitiesNon-current liabilities$1.43 BAccounts receivable, netAccounts receivable, net$213.18 MConvertible senior notes, netConvertible senior notes, net$1.28 BPrepaid expenses and other current assetsPrepaid expenses and other current assets$69.66 MContract assetsContract assets$11.59 MOperating lease liabilities, noncurrentOperating lease liabilities, noncurrent$113.02 MRestricted cash short-termRestricted cash short-term$5.54 MDeferred revenue, noncurrentDeferred revenue, noncurrent$17.65 MEquityEquity$797.22 MProperty and equipment, netProperty and equipment, net$329.42 MOther noncurrent liabilitiesOther noncurrent liabilities$15.33 MGross equity (calculated)Gross equity(calculated)$1.86 BGoodwillGoodwill$148.05 MNon-current assetsNon-current assets$785.46 MOperating lease right-of-use assetsOperating lease right-of-use assets$141.82 MDeferred contract acquisition costs, noncurrentDeferred contract acquisition costs, noncurrent$137.53 MAdditional paid-in capitalAdditional paid-in capital$1.86 BAcquired intangible assets, netAcquired intangible assets, net$14.30 MOther noncurrent assetsOther noncurrent assets$12.51 MCommon stock, value, issued - Class A common stockCommon stock, value, issued - Class A common stock$300.00 KRestricted cashRestricted cash$1.84 MCommon stock, value, issued - Class B common stockCommon stock, value, issued - Class B common stock$39.00 KAccumulated deficitAccumulated deficit−$1.06 BAccumulated other comprehensive income (loss)Accumulated other comprehensive income (loss)−$900.00 K
Chart details

Cloudflare, Inc. (NET) FY2024 Q1 Balance Sheet

Balance sheet as of 2024-03-31. The chart shows assets, liabilities and equity at that date.

Assets
2,801,630,000 US dollars
Current assets
2,016,172,000 US dollars
Non-current assets
785,458,000 US dollars
Liabilities
2,004,406,000 US dollars
Current liabilities
574,059,000 US dollars
Non-current liabilities
1,430,347,000 US dollars
Equity
797,224,000 US dollars
Available-for-sale securities
1,461,801,000 US dollars
Cash and cash equivalents
254,401,000 US dollars
Accounts receivable, net
213,183,000 US dollars
Prepaid expenses and other current assets
69,663,000 US dollars
Contract assets
11,589,000 US dollars
Restricted cash short-term
5,535,000 US dollars
Property and equipment, net
329,422,000 US dollars
Goodwill
148,047,000 US dollars
Operating lease right-of-use assets
141,820,000 US dollars
Deferred contract acquisition costs, noncurrent
137,527,000 US dollars
Acquired intangible assets, net
14,298,000 US dollars
Other noncurrent assets
12,506,000 US dollars
Restricted cash
1,838,000 US dollars
Deferred revenue
356,243,000 US dollars
Accrued expenses and other current liabilities
68,412,000 US dollars
Accrued compensation
62,299,000 US dollars
Accounts payable
47,832,000 US dollars
Operating lease liabilities
39,273,000 US dollars
Convertible senior notes, net
1,284,352,000 US dollars
Operating lease liabilities, noncurrent
113,017,000 US dollars
Deferred revenue, noncurrent
17,645,000 US dollars
Other noncurrent liabilities
15,333,000 US dollars
Additional paid-in capital
1,857,168,000 US dollars
Common stock, value, issued - Class A common stock
300,000 US dollars
Common stock, value, issued - Class B common stock
39,000 US dollars
Accumulated deficit
negative 1,059,383,000 US dollars
Accumulated other comprehensive income (loss)
negative 900,000 US dollars
Gross equity (calculated)
1,857,507,000 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 Q1 Balance Sheet Sankey chart
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