What if you invested in Cloudflare in 2019?

NET · Technology · Data through 2026-06-01

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If you invested $1,000 in Cloudflare in 2019

$13,208today
+1220.8% total return|+40.5% annualized

The same $1,000 in the S&P 500 would be worth $3,085(+208.5%)

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The S&P 500 returned $3,085 on the same $1,000. Cloudflare beat the market by $10,124.

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What if Cloudflare keeps this up?

Project forward at Cloudflare's 40.5% historical growth rate. See 5-30 year scenarios.

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Growth of $1,000

Cloudflare vs. S&P 500 vs. US Dollar, 2019 to present

Cloudflare
S&P 500
US Dollar

Year-by-Year Returns

$1,000 invested in Cloudflare starting January 2019

YearPriceValueAnnual
2019$18.57$1,000-
2020$17.86$962-3.8%
2021$76.66$4,128+329.2%
2022$96.40$5,191+25.8%
2023$52.91$2,849-45.1%
2024$79.05$4,257+49.4%
2025$138.40$7,453+75.1%
2026$177.35$9,550+28.1%

What this return means

A $1,000 position in Cloudflare (NET) opened in 2019 is worth $13,208 today. That works out to +1220.8%, about 13x the original stake, as of 2026-06-01.

That is a compound rate of about 40.5% a year, an extreme pace that few holdings sustain for 7.6 years. A plain S&P 500 fund would have turned that $1,000 into about $3,085 instead, leaving Cloudflare ahead by around $10,124. The index compounded at about 16% a year over that period.

The path was not smooth. The best single year was 2021 at +329.2%, and the worst was 2023 at -45.1%. At its lowest point the position was down about 45% from an earlier high. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.

This is historical math, not financial advice. Past performance does not guarantee future results.

What if you invested $100 a month instead?

Most people do not drop a lump sum in on day one. They add a fixed amount every month. Putting $100 into Cloudflare at the close of every month from September 2019 through June 2026 means 82 buys and $8,200 contributed over about 6.8 years.

$100/month, dollar-cost averaged

$32,772

+299.7% on $8,200 in

Same $8,200, all in at the start

$108,309

+1,220.8% on $8,200 in

Going all in at the start beat spreading the buys out by $75,537. That is the usual result when a stock trends up: each monthly buy pays a higher price than the last, so the average cost climbs. Averaging in also meant an average buy price of $61.37 per share across the whole stretch, so the monthly buyer never had to time a single low. Neither number counts dividends, taxes, or trading costs.

Illustrative fixed $100/month example, not a recommendation. Figures are computed from NET split-adjusted monthly closes through June 2026. Past performance does not guarantee future results.

Numbers worth sharing

Occasional data drops when something interesting surfaces. No schedule, just signal.

For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.