Netflix (NFLX) Capital Expenditures (2009 - 2026)
Netflix (NFLX) posted quarterly Capital Expenditures of $218.6 million for Q2 2026, up 40.26% year-over-year from $155.9 million in Q2 2025, and up 11.48% quarter-over-quarter from $196.1 million in Q1 2026.
Netflix (NFLX) Capital Expenditures (2009 - 2026) Analysis & Trends
Netflix's Capital Expenditures history runs 18 years deep, the most recent figure standing at $218.6 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 40.26% year-over-year to $218.6 million; the TTM figure through Jun 2026 stood at $818.8 million (up 43.73% YoY), while the FY2025 annual figure was $688.2 million, up 56.58% from the prior year.
- Capital Expenditures for Q2 2026 stood at $218.6 million, up from $196.1 million in the prior quarter.
- The five-year high for Capital Expenditures was $239.3 million in Q4 2025, with the low at $62.0 million in Q1 2023.
- The 5-year median for Capital Expenditures is $116.4 million (2022), against an average of $127.7 million.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures plunged 49.23% in 2022, then jumped 99.13% in 2025.
- Netflix's Capital Expenditures stood at $111.6 million in 2022, then declined by 26.85% to $81.6 million in 2023, then soared by 94.38% to $158.7 million in 2024, then jumped by 50.83% to $239.3 million in 2025, then declined by 8.65% to $218.6 million in 2026.
- Business Quant data shows NFLX's Capital Expenditures at $218.6 million in Q2 2026, $196.1 million in Q1 2026, and $239.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 218.64 Mn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 1.79 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 276.00 Mn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 289.52 Mn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 141.00 Mn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | -11.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 11.65 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 146.00 Mn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 45.59 Mn |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | 14.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 218.64 Mn |
| Jun 30, 2026 | 218.64 Mn |
| Mar 31, 2026 | 196.13 Mn |
| Mar 31, 2026 | 196.13 Mn |
| Dec 31, 2025 | 239.34 Mn |
| Dec 31, 2025 | 239.34 Mn |
| Sep 30, 2025 | 164.72 Mn |
| Sep 30, 2025 | 164.72 Mn |
| Jun 30, 2025 | 155.89 Mn |
| Jun 30, 2025 | 155.89 Mn |
| Mar 31, 2025 | 128.28 Mn |
| Mar 31, 2025 | 128.28 Mn |
| Dec 31, 2024 | 158.67 Mn |
| Dec 31, 2024 | 158.67 Mn |
| Sep 30, 2024 | 126.86 Mn |
| Sep 30, 2024 | 126.86 Mn |
| Jun 30, 2024 | 78.29 Mn |
| Jun 30, 2024 | 78.29 Mn |
| Mar 31, 2024 | 75.71 Mn |
| Mar 31, 2024 | 75.71 Mn |