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% 246.3%   274.5%  
Changes by years, y/y, % -149pp +15pp -378pp +645pp -69pp     62%
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Cloudflare. FCF conversion, %

Cloudflare. FCF conversion, changes, pp

Cloudflare (NET) FCF conversion US GAAP (quarter values)
FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2 FY2026Q3   LTM ?
FCF conversion, % 152.1% 221.2% 215.7% -56.7% 188.1%   274.5%
Changes by years, y/y, % -71pp +43pp -551pp +11 662pp +36pp    
Changes by quarters, q/q, % +11 870pp +69pp -5pp -272pp +245pp    

Cloudflare. FCF conversion, %

Cloudflare. FCF conversion, changes, pp

Cloudflare. FCF conversion, changes, pp


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