Netflix (NFLX) Current Deferred Revenue (2009 - 2026)
Netflix's Current Deferred Revenue was $1.8 billion in Q2 2026, up 4.0% from $1.73 billion a year earlier and up 3.1% from the prior quarter.
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Analysis
Netflix (NFLX) Current Deferred Revenue (2009 - 2026) Analysis & Trends
At the end of FY2025, Current Deferred Revenue at Netflix came in at $1.78 billion, up 16.8% from FY2024.
- Current Deferred Revenue has now increased for 16 consecutive years, with a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- In earlier years, Current Deferred Revenue was $1.52 billion in FY2024 (+5.4%), $1.44 billion in FY2023 (+14.1%), $1.27 billion in FY2022 (+4.6%) and $1.21 billion in FY2021 (+8.2%).
- The Q2 2026 figure marks the highest quarterly Current Deferred Revenue in data going back to Q2 2009.
- Compared with a year earlier, Current Deferred Revenue has increased for 15 straight quarters, with growth averaging 11.4% over the last eight quarters.
- The best year-over-year quarter for Current Deferred Revenue over five years was Q2 2025 (growth of 17.3%); the worst was Q3 2022 (a decline of 0.6%).
- Per Business Quant data, NFLX's Current Deferred Revenue in the three quarters before Q2 2026 was $1.74 billion (Q1 2026), $1.78 billion (Q4 2025) and $1.73 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn |
| 10 | AppLovin | 97.38 Bn | 87.41 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80 Bn |
| Mar 31, 2026 | 1.74 Bn |
| Dec 31, 2025 | 1.78 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.73 Bn |
| Mar 31, 2025 | 1.61 Bn |
| Dec 31, 2024 | 1.52 Bn |
| Sep 30, 2024 | 1.51 Bn |
| Jun 30, 2024 | 1.47 Bn |
| Mar 31, 2024 | 1.47 Bn |
| Dec 31, 2023 | 1.44 Bn |
| Sep 30, 2023 | 1.31 Bn |
| Jun 30, 2023 | 1.31 Bn |
| Mar 31, 2023 | 1.26 Bn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 1.18 Bn |
| Jun 30, 2022 | 1.23 Bn |
| Mar 31, 2022 | 1.24 Bn |
| Dec 31, 2021 | 1.21 Bn |
| Sep 30, 2021 | 1.18 Bn |
API Access
Netflix Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=NFLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "NFLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=NFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();