Netflix (NFLX) Debt Ratio (2009 - 2026)

Netflix has reported Debt Ratio for 18 years, with the latest figure at 0.29 in Q2 2026.

• On a quarterly basis, Debt Ratio rose 5.56% year-over-year to 0.29 in Q2 2026; TTM through Jun 2026 was 0.29, a 5.56% increase from a year earlier, with the FY2025 full-year figure at 0.28, down 14.12% from the prior year.
• Debt Ratio was 0.29 for Q2 2026 at Netflix, up from 0.25 in the prior quarter.
• The five-year high for Debt Ratio was 0.34 in Q3 2024, with the low at 0.25 in Q1 2026.
• Average Debt Ratio over 5 years is 0.3, with a median of 0.3 recorded in 2023.
• The sharpest annual moves came in 2022 and 2024: Debt Ratio sank 43.13% in 2022, then grew 14.65% in 2024.
• Over 5 years, Debt Ratio stood at 0.3 in 2022, then rose by 3.82% to 0.31 in 2023, then climbed by 5.61% to 0.32 in 2024, then decreased by 14.12% to 0.28 in 2025, then gained by 3.31% to 0.29 in 2026.
• The last three Debt Ratio figures came in at 0.29 (Q2 2026), 0.25 (Q1 2026), and 0.28 (Q4 2025), per Business Quant data.