Netflix (NFLX) Accumulated Expenses (2009 - 2026)
Netflix (NFLX) recorded quarterly Accumulated Expenses of $4.4 billion in Q1 2026, up 37.91% quarter-over-quarter from $3.2 billion in Q4 2025, and up 88.26% on a YoY basis from $2.4 billion in Q1 2025.
Netflix (NFLX) Accumulated Expenses (2009 - 2026) Analysis & Trends
Netflix's Accumulated Expenses history runs 18 years deep, the most recent figure standing at $4.4 billion for Q1 2026.
- In Q1 2026, Accumulated Expenses rose 88.26% year-over-year to $4.4 billion; the TTM figure through Mar 2026 stood at $4.4 billion (up 88.26% YoY), while the FY2025 annual figure was $3.2 billion, up 49.35% from the prior year.
- Accumulated Expenses was $4.4 billion for Q1 2026 at Netflix, up from $3.2 billion in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $4.4 billion in Q1 2026 to a low of $1.5 billion in Q4 2022.
- Historically, Accumulated Expenses has averaged $2.2 billion across 5 years, with a median of $1.9 billion in 2023.
- The sharpest annual moves came in 2023 and 2026: Accumulated Expenses fell 5.45% in 2023, then jumped 88.26% in 2026.
- A 5-year view of Accumulated Expenses shows it stood at $1.5 billion in 2022, then climbed by 19.1% to $1.8 billion in 2023, then rose by 19.55% to $2.2 billion in 2024, then jumped by 49.35% to $3.2 billion in 2025, then surged by 37.91% to $4.4 billion in 2026.
- The last three Accumulated Expenses figures came in at $4.4 billion (Q1 2026), $3.2 billion (Q4 2025), and $3.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn |
| 9 | News | 15.92 Bn | 14.45 Bn | - |
| 10 | TKO Group Holdings | 15.40 Bn | 13.70 Bn | 862.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.44 Bn |
| Dec 31, 2025 | 3.22 Bn |
| Sep 30, 2025 | 3.11 Bn |
| Jun 30, 2025 | 2.49 Bn |
| Mar 31, 2025 | 2.36 Bn |
| Dec 31, 2024 | 2.16 Bn |
| Sep 30, 2024 | 2.24 Bn |
| Jun 30, 2024 | 1.88 Bn |
| Mar 31, 2024 | 1.98 Bn |
| Dec 31, 2023 | 1.80 Bn |
| Sep 30, 2023 | 1.84 Bn |
| Jun 30, 2023 | 1.91 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 1.51 Bn |
| Sep 30, 2022 | 1.80 Bn |
| Jun 30, 2022 | 1.60 Bn |
| Mar 31, 2022 | 1.82 Bn |
| Dec 31, 2021 | 1.45 Bn |
| Sep 30, 2021 | 1.41 Bn |
| Jun 30, 2021 | 1.13 Bn |