Netflix Inc (NFLX) Debt to Equity (2009 - 2026)

Netflix (NFLX) has reported Debt to Equity for 18 consecutive years, with $0.46 the latest figure, recorded in Q1 2026.

• In Q1 2026, Debt to Equity fell 26.18% year-over-year to $0.46; the TTM figure through Mar 2026 stood at $0.46 (down 26.18% YoY), while the FY2025 annual figure was $0.54, down 13.71% from the prior year.
• Debt to Equity came in at $0.46 for Q1 2026 at Netflix, down from $0.54 in the prior quarter.
• The five-year high for Debt to Equity was $0.83 in Q1 2022, with the low at $0.46 in Q1 2026.
• Average Debt to Equity over 5 years is $0.65, with a median of $0.65 recorded in 2023.
• Across the five-year window, Debt to Equity plunged 33.8% in 2022 and rose 8.74% in 2024, its largest moves.
• Year by year, Debt to Equity stood at $0.69 in 2022, then increased by 2.26% to $0.71 in 2023, then dropped by 10.85% to $0.63 in 2024, then dropped by 13.71% to $0.54 in 2025, then declined by 15.1% to $0.46 in 2026.
• According to Business Quant data, Debt to Equity over the past three periods registered $0.46, $0.54, and $0.56 for Q1 2026, Q4 2025, and Q3 2025 respectively.