Netflix (NFLX) Enterprise Value (2009 - 2026)

Netflix's Enterprise Value history runs 18 years deep, the most recent figure standing at -$12.3 billion for Q1 2026.

• In Q1 2026, Enterprise Value fell 46.8% year-over-year to -$12.3 billion; the TTM figure through Mar 2026 stood at -$12.3 billion (down 46.8% YoY), while the FY2025 annual figure was -$9.1 billion, up 5.44% from the prior year.
• Enterprise Value was -$12.3 billion for Q1 2026 at Netflix, down from -$9.1 billion in the prior quarter.
• In the past five years, Enterprise Value ranged from a high of -$5.8 billion in Q2 2022 to a low of -$12.3 billion in Q1 2026.
• Historically, Enterprise Value has averaged -$8.0 billion across 5 years, with a median of -$7.9 billion in 2023.
• The sharpest annual moves came in 2022 and 2023: Enterprise Value grew 28.5% in 2022, then plunged 47.38% in 2023.
• A 5-year view of Enterprise Value shows it stood at -$6.1 billion in 2022, then decreased by 17.82% to -$7.1 billion in 2023, then tumbled by 34.27% to -$9.6 billion in 2024, then increased by 5.44% to -$9.1 billion in 2025, then slumped 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.