Netflix (NFLX) Enterprise Value (2009 - 2026)
Netflix's quarterly Enterprise Value came in at -$12.3 billion in Q1 2026, down 46.8% year-on-year from -$23.1 billion in Q1 2025, and down 35.6% quarter-over-quarter from -$9.1 billion in Q4 2025.
Netflix has reported Enterprise Value for 18 years, with the latest figure at -$12.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value fell 46.8% year-over-year to -$12.3 billion; the trailing twelve-month figure through Mar 2026 stood at -$12.3 billion (down 46.8% YoY), and the FY2025 full-year result was -$9.1 billion, up 5.44% from the prior year.
- Enterprise Value for Q1 2026 stood at -$12.3 billion, down from -$9.1 billion in the prior quarter.
- The five-year high for Enterprise Value was -$5.8 billion in Q2 2022, with the low at -$12.3 billion in Q1 2026.
- Average Enterprise Value over 5 years is -$8.0 billion, with a median of -$7.9 billion recorded in 2023.
- Year-over-year, Enterprise Value rose 28.5% in 2022 and plunged 47.38% in 2023.
- Tracing NFLX's Enterprise Value over 5 years: stood at -$6.1 billion in 2022, then slipped by 17.82% to -$7.1 billion in 2023, then slumped by 34.27% to -$9.6 billion in 2024, then rose by 5.44% to -$9.1 billion in 2025, then sank by 35.6% to -$12.3 billion in 2026.
- The last three Enterprise Value figures came in at -$12.3 billion (Q1 2026), -$9.1 billion (Q4 2025), and -$9.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | -12.29 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 922.00 Mn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -2.14 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -8.46 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | -3.49 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 674.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | -2.38 Bn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | -1.47 Bn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | -1.69 Bn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | -2.08 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.29 Bn |
| Dec 31, 2025 | -9.06 Bn |
| Sep 30, 2025 | -9.32 Bn |
| Jun 30, 2025 | -8.39 Bn |
| Mar 31, 2025 | -8.37 Bn |
| Dec 31, 2024 | -9.58 Bn |
| Sep 30, 2024 | -9.22 Bn |
| Jun 30, 2024 | -6.66 Bn |
| Mar 31, 2024 | -7.05 Bn |
| Dec 31, 2023 | -7.14 Bn |
| Sep 30, 2023 | -7.87 Bn |
| Jun 30, 2023 | -8.58 Bn |
| Mar 31, 2023 | -7.83 Bn |
| Dec 31, 2022 | -6.06 Bn |
| Sep 30, 2022 | -6.11 Bn |
| Jun 30, 2022 | -5.82 Bn |
| Mar 31, 2022 | -6.01 Bn |
| Dec 31, 2021 | -6.03 Bn |
| Sep 30, 2021 | -7.53 Bn |
| Jun 30, 2021 | -7.78 Bn |
| Mar 31, 2021 | -8.40 Bn |
| Dec 31, 2020 | -8.21 Bn |
| Sep 30, 2020 | -8.39 Bn |
| Jun 30, 2020 | -7.15 Bn |
| Mar 31, 2020 | -5.15 Bn |
| Dec 31, 2019 | -5.02 Bn |
| Sep 30, 2019 | -4.44 Bn |
| Jun 30, 2019 | -5.00 Bn |
| Mar 31, 2019 | -3.35 Bn |
| Dec 31, 2018 | -3.79 Bn |
| Sep 30, 2018 | -3.07 Bn |
| Jun 30, 2018 | -3.91 Bn |
| Mar 31, 2018 | -2.59 Bn |
| Dec 31, 2017 | -2.82 Bn |
| Sep 30, 2017 | -1.75 Bn |
| Jun 30, 2017 | -2.16 Bn |
| Mar 31, 2017 | -1.34 Bn |
| Dec 31, 2016 | -1.73 Bn |
| Sep 30, 2016 | -1.34 Bn |
| Jun 30, 2016 | -1.83 Bn |
| Mar 31, 2016 | -2.07 Bn |
| Dec 31, 2015 | -2.31 Bn |
| Sep 30, 2015 | -2.61 Bn |
| Jun 30, 2015 | -2.80 Bn |
| Mar 31, 2015 | -2.96 Bn |
| Dec 31, 2014 | -1.61 Bn |
| Sep 30, 2014 | -1.67 Bn |
| Jun 30, 2014 | -1.71 Bn |
| Mar 31, 2014 | -1.67 Bn |
| Dec 31, 2013 | -1.20 Bn |
| Sep 30, 2013 | -1.13 Bn |
| Jun 30, 2013 | -1.08 Bn |
| Mar 31, 2013 | -1.03 Bn |
| Dec 31, 2012 | -748.08 Mn |
| Sep 30, 2012 | -798.36 Mn |
| Jun 30, 2012 | -813.34 Mn |
| Mar 31, 2012 | -804.53 Mn |
| Dec 31, 2011 | -797.81 Mn |
| Sep 30, 2011 | -365.77 Mn |
| Jun 30, 2011 | -376.41 Mn |
| Mar 31, 2011 | -342.72 Mn |
| Dec 31, 2010 | -350.39 Mn |
| Sep 30, 2010 | -256.81 Mn |
| Jun 30, 2010 | -279.09 Mn |
| Mar 31, 2010 | -266.33 Mn |
| Dec 31, 2009 | -320.24 Mn |
| Sep 30, 2009 | -155.46 Mn |
| Jun 30, 2009 | -254.97 Mn |
| Mar 31, 2009 | -115.13 Mn |