Cloudflare (NET) FCF conversion US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? 5 years average
FCF conversion, % 32.6% 47.7% -330.3% 314.9% 306.5%   274.5%  
Changes by years, y/y, % -149pp +15pp -378pp +645pp -8pp     74%

Cloudflare. FCF conversion, %

Cloudflare. FCF conversion, changes, pp

Cloudflare (NET) FCF conversion US GAAP (quarter values)

FY2025Q2 FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2   LTM ?
FCF conversion, % -11 718% 152.1% 346.2% 215.7% -56.7%   274.5%
Changes by years, y/y, % -11 944pp -71pp +168pp -551pp +11 662pp    
Changes by quarters, q/q, % -12 485pp +11 870pp +194pp -131pp -272pp    

Cloudflare. FCF conversion, %

Cloudflare. FCF conversion, changes, pp

Cloudflare. FCF conversion, changes, pp