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). Read Cloudflare Inc debt and liabilities for a breakdown of total debt and financial obligations.
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 Cloudflare Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
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 market cap.
| 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).