# Cloudflare, Inc. (NET) FY2024 Q1 Balance Sheet

- Company: Cloudflare, Inc. (NET)
- Period: As of 2024-03-31
- Filing: Q1 FY2024 10-Q, filed 2024-05-02, accession number 0001477333-24-000050
- Page: https://plicit.ai/financials/net/fy2024-q1-balance-sheet
- Chart image: https://plicit.ai/charts/net-fy2024-q1-balance-sheet-sankey.png

## Chart details

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.