Cloudflare, Inc.
Close on Nov 2, 2026Market cap $94.42BP/E –Yield –
Cloudflare Gross property & equipment by Year
Gross property & equipment — edge servers, software & facilities ($M)
Cloudflare Gross property & equipment: $998M in 2025, up 33.5% from a year earlier. That is the highest of the 8 years on record here.
Where the 2025 figure comes from
“Gross property and equipment | 998,136 | 747,738”
Source: Cloudflare Form 10-K (FY2025Q4), filed 2026-02-26 ↗
Gross property and equipment rose to $1,178.1M at Q2 2026, led by $821.7M of edge servers and $102.7M of server hardware in construction-in-progress
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Gross property & equipment — edge servers, software & facilities ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 998 | +33.5% | Cloudflare Form 10-K (FY2025Q4), filed 2026-02-26 ↗ |
| 2024 | Dec 31, 2024 | 748 | +38.1% | Cloudflare Form 10-K (FY2024Q4), filed 2025-02-20 ↗ |
| 2023 | Dec 31, 2023 | 541 | +16.3% | Cloudflare Form 10-K (FY2023Q4), filed 2024-02-21 ↗ |
| 2022 | Dec 31, 2022 | 466 | +53.2% | Cloudflare Form 10-K (FY2022Q4), filed 2023-02-24 ↗ |
| 2021 | Dec 31, 2021 | 304 | +47.3% | Cloudflare Form 10-K (FY2021Q4), filed 2022-03-01 ↗ |
| 2020 | Dec 31, 2020 | 206 | +22.3% | Cloudflare Form 10-K (FY2020Q4), filed 2021-02-25 ↗ |
| 2019 | Dec 31, 2019 | 169 | +49.2% | Cloudflare Form 10-K (FY2019Q4), filed 2020-03-04 ↗ |
| 2018 | Dec 31, 2018 | 113 | – | Cloudflare Form 10-Q (FY2019Q3), filed 2019-11-12 ↗ |
Breakdown
What makes up gross property & equipment
- Servers — edge network & AI inference infrastructure (gross)727 · 2025
- Capitalized internal-use software (gross)110 · 2025
- Construction in progress — unplaced servers & buildouts (gross)58.4 · 2025
- Leasehold improvements (gross)50.9 · 2025
- Office & computer equipment (gross)34.4 · 2025
- Purchased software (gross)9.31 · 2025
- Office furniture & fixtures (gross)7.82 · 2025
- Asset retirement obligations (gross)0.83 · 2025
Cite this data
StockData. (2026). Cloudflare Gross property & equipment ($M), annual 2018–2025 [Data set]. Compiled from Cloudflare SEC filings and investor materials. https://stockdatahq.com/stocks/net/kpis/ppe-gross-total
See every metric in the Cloudflare KPI table. Data updated Nov 1, 2026.