Cloudflare, Inc.NETNYSE
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+14.0%
5Y CAGR+31.3%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+14.0%/yr
vs +58.8%/yr prior
5Y CAGR
+31.3%/yr
Recent deceleration
Acceleration
-44.8pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
3.9x
Strong expansion
Streak
1 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$512.49M+21.6%
2024$421.37M-0.5%
2023$423.54M+22.4%
2022$346.12M+64.6%
2021$210.31M+60.0%
2020$131.42M+30.2%
2019$100.97M+85.4%
2018$54.46M+61.9%
2017$33.65M+42.2%
2016$23.66M-