Netflix (NFLX) Enterprise Value (2009 - 2026)
Netflix (NFLX) posted Enterprise Value of $288.2 billion for Q2 2026, down 26.63% on a QoQ basis from $392.8 billion in Q1 2026, and down 48.6% year-over-year from $560.6 billion in Q2 2025.
Analysis
Netflix (NFLX) Enterprise Value (2009 - 2026) Analysis & Trends
Netflix has reported Enterprise Value for 18 years, with the latest figure at $288.2 billion in Q2 2026.
- On a quarterly basis, Enterprise Value fell 48.6% year-over-year to $288.2 billion in Q2 2026; TTM through Jun 2026 was $288.2 billion, a 48.6% decrease from a year earlier, with the FY2025 full-year figure at $386.8 billion, up 4.07% from the prior year.
- Enterprise Value was $288.2 billion for Q2 2026 at Netflix, down from $392.8 billion in the prior quarter.
- The five-year high for Enterprise Value was $560.6 billion in Q2 2025, with the low at $72.0 billion in Q2 2022.
- Average Enterprise Value over 5 years is $270.5 billion, with a median of $268.8 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Enterprise Value slumped 68.16% in 2022, then surged 159.35% in 2023.
- Over 5 years, Enterprise Value stood at $125.3 billion in 2022, then jumped by 62.5% to $203.6 billion in 2023, then surged by 82.58% to $371.7 billion in 2024, then grew by 4.07% to $386.8 billion in 2025, then fell by 25.5% to $288.2 billion in 2026.
- The last three Enterprise Value figures came in at $288.2 billion (Q2 2026), $392.8 billion (Q1 2026), and $386.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn |
| 10 | LiveOne | 46.60 Mn | 37.94 Mn | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 288.18 Bn |
| Mar 31, 2026 | 392.77 Bn |
| Dec 31, 2025 | 386.81 Bn |
| Sep 30, 2025 | 498.69 Bn |
| Jun 30, 2025 | 560.63 Bn |
| Mar 31, 2025 | 388.58 Bn |
| Dec 31, 2024 | 371.68 Bn |
| Sep 30, 2024 | 293.97 Bn |
| Jun 30, 2024 | 282.99 Bn |
| Mar 31, 2024 | 254.68 Bn |
| Dec 31, 2023 | 203.57 Bn |
| Sep 30, 2023 | 157.40 Bn |
| Jun 30, 2023 | 186.63 Bn |
| Mar 31, 2023 | 145.76 Bn |
| Dec 31, 2022 | 125.27 Bn |
| Sep 30, 2022 | 98.64 Bn |
| Jun 30, 2022 | 71.96 Bn |
| Mar 31, 2022 | 160.42 Bn |
| Dec 31, 2021 | 261.42 Bn |
| Sep 30, 2021 | 262.81 Bn |