Cloudflare Inc (NET) — Free Cash Flow Generation Index

Latest as of September 2025: 0.49x

Cloudflare Inc (NET) has a Free Cash Flow Generation Index of 0.49x as of September 2025. Free cash flow of $82.48 Million represents 0% of operating cash flow ($167.12 Million). See Cloudflare Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.49x
Free Cash Flow / Operating CF

Free Cash Flow

$82.48 Million
USD

Operating Cash Flow

$167.12 Million
USD

Capital Expenditures

$84.64 Million
USD

Cloudflare Inc Free Cash Flow Generation Index (2017–2024)

Historical FCF Generation Index trend for Cloudflare Inc across 5 annual periods. Explore NET operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Cloudflare Inc (2017–2024)

Year-by-year Free Cash Flow Generation Index for Cloudflare Inc. For the full company profile including market capitalisation, see NET company net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.51x $195.39 Million $380.43 Million $185.04 Million ▲ +9.4%
2023 0.47x $119.46 Million $254.41 Million $134.94 Million ▲ +245.9%
2022 -0.32x $-39.77 Million $123.59 Million $163.36 Million ▲ +51.7%
2021 -0.67x $-43.09 Million $64.65 Million $107.74 Million ▲ +89.3%
2017 -6.25x $-19.81 Million $3.17 Million $22.98 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).