# Cloudflare, Inc. (NET) FY2024 Q2 Balance Sheet

- Company: Cloudflare, Inc. (NET)
- Period: As of 2024-06-30
- Filing: Q2 FY2024 10-Q, filed 2024-08-01, accession number 0001477333-24-000070
- Page: https://plicit.ai/financials/net/fy2024-q2-balance-sheet
- Chart image: https://plicit.ai/charts/net-fy2024-q2-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-06-30. The chart shows assets, liabilities and equity at that date.

- **Assets**: 2,916,673,000 US dollars
- **Current assets**: 2,093,018,000 US dollars
- **Non-current assets**: 823,655,000 US dollars
- **Liabilities**: 2,035,128,000 US dollars
- **Current liabilities**: 595,965,000 US dollars
- **Non-current liabilities**: 1,439,163,000 US dollars
- **Equity**: 881,545,000 US dollars
- **Available-for-sale securities**: 1,600,430,000 US dollars
- **Accounts receivable, net**: 250,213,000 US dollars
- **Cash and cash equivalents**: 156,967,000 US dollars
- **Prepaid expenses and other current assets**: 71,491,000 US dollars
- **Contract assets**: 12,917,000 US dollars
- **Restricted cash short-term**: 1,000,000 US dollars
- **Property and equipment, net**: 339,124,000 US dollars
- **Goodwill**: 156,162,000 US dollars
- **Deferred contract acquisition costs, noncurrent**: 144,330,000 US dollars
- **Operating lease right-of-use assets**: 141,870,000 US dollars
- **Acquired intangible assets, net**: 21,663,000 US dollars
- **Other noncurrent assets**: 18,483,000 US dollars
- **Restricted cash**: 2,023,000 US dollars
- **Deferred revenue**: 370,968,000 US dollars
- **Accrued expenses and other current liabilities**: 66,916,000 US dollars
- **Accounts payable**: 59,528,000 US dollars
- **Accrued compensation**: 57,813,000 US dollars
- **Operating lease liabilities**: 40,740,000 US dollars
- **Convertible senior notes, net**: 1,285,342,000 US dollars
- **Operating lease liabilities, noncurrent**: 112,508,000 US dollars
- **Deferred revenue, noncurrent**: 23,579,000 US dollars
- **Other noncurrent liabilities**: 17,734,000 US dollars
- **Additional paid-in capital**: 1,956,984,000 US dollars
- **Common stock, value, issued - Class A common stock**: 302,000 US dollars
- **Common stock, value, issued - Class B common stock**: 39,000 US dollars
- **Accumulated deficit**: negative 1,074,461,000 US dollars
- **Accumulated other comprehensive income (loss)**: negative 1,319,000 US dollars
- **Gross equity (calculated)**: 1,957,325,000 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.