Company / Working Capital
Cloudflare, Inc. Working Capital History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$2.3B
FY2025
5-year range
$1.4B / $2.3B
FY2021-FY2025
Trend
+55.5%
vs FY2024
Sector context
#46 of 310
Information Technology
What the data says
Cloudflare, Inc.'s working capital of $2.3B is higher than 85% of companies in the Information Technology sector (FY2025). Improved from $1.4B to $2.3B over the past 2 years.
Based on SEC 10-K filings.
$2.3B in FY2025 with a 5-year CAGR of +18.3%. Top quartile in the Information Technology sector.
Improved from $1.4B to $2.3B over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +15.5%
- 5-Year CAGR
- +18.3%
- 10-Year CAGR
- -
Sector benchmark
Top 15% in Information TechnologyTop 15% of 310This company $2.3B Sector average $1.7B
▼
+36.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +18.3%, indicating consistent growth.
- In FY2025, working capital increased 55.5% year-over-year.
- Ranks #46 out of 310 companies in the Information Technology sector.
- Lowest working capital in the period was in FY2018.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.3B | +55.5% |
| FY2024 | $1.5B | +4.2% |
| FY2023 | $1.4B | -5.0% |
| FY2022 | $1.5B | -10.6% |
| FY2021 | $1.7B | +68.7% |
| FY2020 | $988.6M | +63.1% |
| FY2019 | $606.0M | +347.7% |
| FY2018 | $135.4M | - |
| FY2017 | - | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026