Cloudflare Inc (NET) — Free Cash Flow Generation Index
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). Explore NET capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Cloudflare Inc Free Cash Flow Generation Index (2017–2024)
Historical FCF Generation Index trend for Cloudflare Inc across 5 annual periods. For the full cash flow conversion analysis, see Cloudflare Inc cash conversion from operations.
Annual Free Cash Flow Generation for Cloudflare Inc (2017–2024)
Year-by-year Free Cash Flow Generation Index for Cloudflare Inc. Check how aggressively does Cloudflare Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |