Netflix (NFLX) EV to CFO (2009 - 2026)
Netflix (NFLX) posted EV to CFO of 165.26 for Q2 2026, up 122.58% on a QoQ basis from 74.25 in Q1 2026, and down 28.57% year-over-year from 231.35 in Q2 2025.
Analysis
Netflix (NFLX) EV to CFO (2009 - 2026) Analysis & Trends
Netflix has reported EV to CFO for 18 years, with the latest figure at 165.26 in Q2 2026.
- On a quarterly basis, EV to CFO fell 28.57% year-over-year to 165.26 in Q2 2026; TTM through Jun 2026 was 24.07, a 61.05% decrease from a year earlier, with the FY2025 full-year figure at 38.11, down 24.52% from the prior year.
- EV to CFO was 165.26 for Q2 2026 at Netflix, up from 74.25 in the prior quarter.
- The five-year high for EV to CFO was 700.34 in Q2 2022, with the low at 66.9 in Q1 2023.
- Average EV to CFO over 5 years is 189.12, with a median of 169.54 recorded in 2022.
- The largest YoY upside for EV to CFO was 143.54% in 2022 against a maximum downside of 94.45% in 2022.
- Over 5 years, EV to CFO stood at 282.24 in 2022, then plunged by 56.63% to 122.41 in 2023, then surged by 97.56% to 241.84 in 2024, then decreased by 24.26% to 183.18 in 2025, then fell by 9.78% to 165.26 in 2026.
- The last three EV to CFO figures came in at 165.26 (Q2 2026), 74.25 (Q1 2026), and 183.18 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.83 Bn | 316.70 Bn | 6.52 Bn |
| 2 | Spotify Technology | 111.63 Bn | 100.71 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 13.00 Bn | 9.90 Bn | 582.00 Mn |
| 4 | FuboTV | 1.22 Bn | 3.14 Bn | 399.10 Mn |
| 5 | Huya | 947.78 Mn | 587.52 Mn | 37.58 Mn |
| 6 | iQIYI | 849.12 Mn | 364.94 Mn | 152.37 Mn |
| 7 | Kaltura | 229.15 Mn | 197.85 Mn | 34.54 Mn |
| 8 | CuriosityStream | 160.17 Mn | 111.78 Mn | 16.93 Mn |
| 9 | Cineverse | 54.91 Mn | 50.59 Mn | 10.66 Mn |
| 10 | LiveOne | 47.57 Mn | 47.56 Mn | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 165.26 |
| Mar 31, 2026 | 74.25 |
| Dec 31, 2025 | 183.18 |
| Sep 30, 2025 | 176.52 |
| Jun 30, 2025 | 231.35 |
| Mar 31, 2025 | 139.32 |
| Dec 31, 2024 | 241.84 |
| Sep 30, 2024 | 126.65 |
| Jun 30, 2024 | 219.23 |
| Mar 31, 2024 | 115.11 |
| Dec 31, 2023 | 122.41 |
| Sep 30, 2023 | 79.00 |
| Jun 30, 2023 | 129.58 |
| Mar 31, 2023 | 66.90 |
| Dec 31, 2022 | 282.24 |
| Sep 30, 2022 | 177.16 |
| Jun 30, 2022 | 700.34 |
| Mar 31, 2022 | 173.83 |
| Dec 31, 2021 | -648.23 |
| Sep 30, 2021 | 3,190.22 |