Filing Flows › Cloudflare (NET) › R&D spending
Cloudflare (NET) R&D spending by quarter
Cloudflare's R&D spending was $168M in Q3 2026 (third quarter 2026), +5% from Q2 2026. Over the last 7 quarters it ranged from $115M (Q1 2025) to $168M (Q3 2026).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $168M | +5% | +39% |
| Q2 2026 | $159M | +6% | +19% |
| Q1 2026 | $151M | +6% | +31% |
| Q4 2025 | $142M | +17% | — |
| Q3 2025 | $121M | -10% | — |
| Q2 2025 | $135M | +17% | — |
| Q1 2025 | $115M | — | — |
Q3 2026 at a glance
Cloudflare, Q3 2026: revenue $783M (+39% year over year), operating margin -8.7%, net loss $34.1M, operating cash flow $215M. The chart follows the revenue to costs, profit and cash.
Questions
What is Cloudflare's R&D spending?
Cloudflare's R&D spending was $168M in Q3 2026 (third quarter 2026), +5% from Q2 2026.
How has Cloudflare's R&D spending changed?
Over the last 7 quarters it ranged from $115M (Q1 2025) to $168M (Q3 2026).