NET Market Cap History — CloudFlare Capitalization Over Time

As of 4/23/2026 CloudFlare has a market cap of 65.50 billion. Investors often follow the NET market cap history to compare the size of the company over time.

This page shows NET market capitalization trends over time, with 28 market cap datapoints presented, dating back to 9/13/2019.

Quick links: Market Cap History Table  |  Market Cap History Chart  |  About CloudFlare
NET Market Cap History



Below is a table of the NET market cap history going back to 9/13/2019:

Date NET Market Cap
9/13/20191.46B
11/8/20191.40B
2/21/20201.99B
5/5/20204.04B
8/4/20208.15B
11/3/202012.41B
2/12/202121.51B
4/20/202118.55B
7/20/202128.37B
10/22/202149.67B
2/10/202232.29B
4/21/202227.70B
7/21/202215.80B
10/20/202215.27B
2/10/202317.25B
4/13/202318.78B
7/20/202319.68B
10/19/202318.58B
2/7/202424.87B
4/18/202426.11B
7/18/202423.84B
10/24/202427.38B
2/6/202543.63B
4/24/202536.92B
7/17/202559.84B
10/16/202566.64B
2/12/202658.81B
4/23/202665.50B

Also see: NET Shares Outstanding History
and NET YTD Return
NET Historical Market Cap:
+77.65% CAGR
NET Historical Market Cap: +77.65% CAGR

Mouse over chart for data details
9/13/2019 ...4/23/2026
Cloudflare, Inc. is a global connectivity cloud company that provides a wide range of services to businesses of all sizes. Its network acts as a unified control plane, ensuring security, performance, and reliability across on-premise, hybrid, cloud, and software-as-a-service applications. Cloudflare's integrated product suite includes solutions for external infrastructure like websites and APIs, as well as internal resources such as networks and devices. Key offerings include security products like Web Application Firewall and SSL/TLS Encryption, performance solutions like Content Delivery and Intelligent Routing, and a zero trust infrastructure access platform. We show 28 historical shares outstanding datapoints in our NET shares outstanding history coverage, used to compute NET market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing NET market cap history over the course of time is important for investors interested in comparing NET's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of NET versus a peer is one thing; comparing NET market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like NET can fluctuate over the course of history. With this page we aim to empower investors researching NET by allowing them to research the NET market cap history.
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Video: The Importance of Market Cap
CloudFlare (NET) is categorized under the Technology sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

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