Company / Capital Expenditures
Cloudflare, Inc. Capital Expenditures History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$315.6M
FY2025
5-year range
$93.0M / $315.6M
FY2021-FY2025
Trend
+70.6%
vs FY2024
Sector context
#37 of 295
Information Technology
What the data says
Cloudflare, Inc.'s capital expenditures of $316M is higher than 87% of companies in the Information Technology sector (FY2025). Improved from $114M to $316M over the past 2 years.
Based on SEC 10-K filings.
$316M in FY2025 with a 5-year CAGR of +41.1%. Top quartile in the Information Technology sector.
Improved from $114M to $316M over the past 2 years.
Information Technology sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +30.0%
- 5-Year CAGR
- +41.1%
- 10-Year CAGR
- -
Sector benchmark
-43.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +41.1%, indicating consistent growth.
- In FY2025, capital expenditures increased 70.6% year-over-year.
- Ranks #37 out of 295 companies in the Information Technology sector.
- Lowest capital expenditures in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 0.49 (distress zone, below 1.8 threshold)
- Negative profit margin: -5.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $315.6M | +70.6% |
| FY2024 | $185.0M | +61.8% |
| FY2023 | $114.4M | -20.3% |
| FY2022 | $143.6M | +54.4% |
| FY2021 | $93.0M | +64.9% |
| FY2020 | $56.4M | +30.2% |
| FY2019 | $43.3M | +70.0% |
| FY2018 | $25.5M | +33.8% |
| FY2017 | $19.0M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026