Features Pricing Learn Reverse Splits Tracker Shelf & ATM Tracker Warrant Tracker PIPE Deal Tracker Weekly Report FAQ API Sign In →
17 /100
COMPONENT-LIMITED
Score updated Oct 13, 2026

NET — Cloudflare, Inc. Dilution Risk Tracker

Track NET dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

🔔 Track NET — Get alerts when the score changes →

As of October 13, 2026, Cloudflare, Inc. (NET) has a DilutionWatch DilutionScore of 17/100, rated LOW dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. Cloudflare, Inc. has a market capitalization of $107.35B, 305.95M shares outstanding, 1145 institutional holders tracked.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
20
💰Cash Runway—
📊 Float Risk
7
⚠️ Warrant Exposure
15
🔄 Convertible Debt
60

Dilution Forecast

🌥️
Advisory
Moderate dilution signals present
model est. 20%
🔁 Convertible Conversion model 40%
• Significant convertible debt: 17% potential dilution
• Elevated convertible risk (60/100)
🔔 Track NET — Get forecast alerts →

Market Data

Market Cap$107.35B
Shares Outstanding305.95M
Float317.37M
Cash$1.66B
Debt$3.52B
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore17/100DilutionWatch score record
Shares Outstanding305.95MVerified float table or market cache
Public Float317.37MVerified float table or market cache
Market Cap$107.35BMarket data cache
Cash RunwayNot applicable / unavailableDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM CapacityNone in current score inputsSEC-derived dilution fields
Outstanding WarrantsNone in current score inputsSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 1.

Recent SEC source mix: XBRL 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 20.8% shares (2026Q1 vs prior)
1145 institutional holders · 366.63M shares
#1 MORGAN STANLEY 52.90M shares
#2 VANGUARD CAPITAL MANAGEMENT LLC 27.43M shares
#3 Capital World Investors 22.74M shares
+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest7.66M
Days to Cover2.5
% of Float2.4%
FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2026-02-26
Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual NET Dilution Snapshot

Cloudflare, Inc. (NET) has a DilutionScore of 17/100, rated Low dilution risk. Score date: October 13, 2026.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

NET's DilutionScore is currently 17/100 (Low risk), with 2 score changes tracked over 89 days. The score improved from 10/100 (Low risk).

Period Score Risk Level Duration
Aug 18 – Oct 13, 202617/100LOW57 days
Aug 14 – Aug 17, 202610/100LOW3 days
Jul 16 – Aug 13, 202617/100LOW29 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

NET shares outstanding have increased 0.6% from 317.58M (Mar 2026) to 319.53M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 12, 2026319.53M317.41M▲ 0.10%
May 10, 2026319.27M317.09M▲ 0.52%
Apr 27, 2026317.58M315.42M▼ 0.01%
Apr 03, 2026317.58M315.46M▲ 0.01%
Mar 17, 2026317.58M315.43M▲ 0.02%
Mar 10, 2026317.58M315.38M▼ 0.01%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track NET Dilution Risk in Real-Time
DilutionWatch monitors SEC filings 24/7 and alerts you the moment NET files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.
Start Tracking NET — Free
Email alert within minutes of any SEC filing Daily DilutionScore™ recalculation Score history & trend tracking Tracks 8,000+ tickers simultaneously

Related Stocks — LOW Risk

Other LOW dilution risk stocks tracked by DilutionWatch with similar profiles:

→ Software / SaaS sector dilution risk overview

Browse all 8,490+ tracked stocks →

📖 Dilution Education
→ Complete Dilution Guide for Retail Investors → Anti-Dilution Provisions Explained → Stock Dilution Red Flags to Watch → Understanding Shelf Registrations

Score Coverage Note