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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Ratios

Netflix (NFLX) Cost of Revenue (2016 - 2026)

Netflix (NFLX) has disclosed Cost of Revenue for 18 consecutive years, with $842.2 million as the latest value for Q1 2026.

  • For Q1 2026, Cost of Revenue rose 22.35% year-over-year to $842.2 million; the TTM value through Mar 2026 reached -$6.5 billion, down 138.79%, while the annual FY2025 figure was $3.3 billion, 84.31% down from the prior year.
  • Cost of Revenue was $842.2 million for Q1 2026 at Netflix, up from -$13.5 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $5.8 billion in Q4 2024, with the low at -$13.5 billion in Q4 2025.
  • Historically, Cost of Revenue has averaged $1.2 billion across 5 years, with a median of $842.2 million in 2026.
  • The largest annual shift saw Cost of Revenue soared 764.0% in 2023 before it plummeted 333.23% in 2025.
  • Over 5 years, Cost of Revenue stood at $5.4 billion in 2022, then plummeted by 317.43% to -$11.8 billion in 2023, then soared by 149.08% to $5.8 billion in 2024, then tumbled by 333.23% to -$13.5 billion in 2025, then skyrocketed by 106.26% to $842.2 million in 2026.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $842.2 million in Q1 2026, -$13.5 billion in Q4 2025, and $786.3 million in Q3 2025.