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Netflix (NFLX) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Netflix (NFLX) over the last 17 years, with Q4 2025 value amounting to $6.5 billion.

  • Netflix's Cost of Revenue rose 1309.54% to $6.5 billion in Q4 2025 from the same period last year, while for Dec 2025 it was $23.3 billion, marking a year-over-year increase of 1063.23%. This contributed to the annual value of $23.3 billion for FY2025, which is 1063.23% up from last year.
  • Netflix's Cost of Revenue amounted to $6.5 billion in Q4 2025, which was up 1309.54% from $6.2 billion recorded in Q3 2025.
  • In the past 5 years, Netflix's Cost of Revenue ranged from a high of $6.5 billion in Q4 2025 and a low of $3.9 billion during Q1 2021
  • Its 5-year average for Cost of Revenue is $5.0 billion, with a median of $5.0 billion in 2024.
  • Its Cost of Revenue has fluctuated over the past 5 years, first surged by 2579.53% in 2021, then crashed by 178.89% in 2023.
  • Over the past 5 years, Netflix's Cost of Revenue (Quarter) stood at $5.2 billion in 2021, then increased by 3.14% to $5.4 billion in 2022, then decreased by 1.79% to $5.3 billion in 2023, then rose by 8.66% to $5.8 billion in 2024, then increased by 13.1% to $6.5 billion in 2025.
  • Its last three reported values are $6.5 billion in Q4 2025, $6.2 billion for Q3 2025, and $5.3 billion during Q2 2025.