Netflix (NFLX) Capital Expenditures (2009 - 2026)

Netflix's Capital Expenditures history runs 18 years deep, the most recent figure standing at $196.1 million for Q1 2026.

• In Q1 2026, Capital Expenditures rose 52.9% year-over-year to $196.1 million; the TTM figure through Mar 2026 stood at $756.1 million (up 53.64% YoY), while the FY2025 annual figure was $688.2 million, up 56.58% from the prior year.
• Capital Expenditures was $196.1 million for Q1 2026 at Netflix, down from $239.3 million in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $239.3 million in Q4 2025 to a low of $62.0 million in Q1 2023.
• Historically, Capital Expenditures has averaged $122.4 million across 5 years, with a median of $111.6 million in 2022.
• The sharpest annual moves came in 2022 and 2025: Capital Expenditures sank 49.23% in 2022, then surged 99.13% in 2025.
• A 5-year view of Capital Expenditures shows it stood at $111.6 million in 2022, then fell by 26.85% to $81.6 million in 2023, then jumped by 94.38% to $158.7 million in 2024, then surged by 50.83% to $239.3 million in 2025, then retreated by 18.05% to $196.1 million in 2026.
• The last three Capital Expenditures figures came in at $196.1 million (Q1 2026), $239.3 million (Q4 2025), and $164.7 million (Q3 2025), per Business Quant data.