Netflix (NFLX) Exchange Rate Effect (2012 - 2026)
Netflix (NFLX) posted Exchange Rate Effect of -$19.6 million for Q2 2026, up 60.62% on a QoQ basis from -$49.8 million in Q1 2026, and down 106.83% year-over-year from $287.5 million in Q2 2025.
Analysis
Netflix (NFLX) Exchange Rate Effect (2012 - 2026) Analysis & Trends
Netflix has reported Exchange Rate Effect for 15 years, with the latest figure at -$19.6 million in Q2 2026.
- On a quarterly basis, Exchange Rate Effect fell 106.83% year-over-year to -$19.6 million in Q2 2026; TTM through Jun 2026 was -$120.6 million, a 150.28% decrease from a year earlier, with the FY2025 full-year figure at $386.5 million, up 192.84% from the prior year.
- Exchange Rate Effect was -$19.6 million for Q2 2026 at Netflix, up from -$49.8 million in the prior quarter.
- The five-year high for Exchange Rate Effect was $287.5 million in Q2 2025, with the low at -$351.3 million in Q4 2024.
- Average Exchange Rate Effect over 5 years is -$10.4 million, with a median of -$20.7 million recorded in 2025.
- The largest YoY upside for Exchange Rate Effect was 4032.11% in 2022 against a maximum downside of 718.47% in 2022.
- Over 5 years, Exchange Rate Effect stood at $166.6 million in 2022, then declined by 16.34% to $139.3 million in 2023, then tumbled by 352.09% to -$351.3 million in 2024, then jumped by 91.64% to -$29.4 million in 2025, then surged by 33.19% to -$19.6 million in 2026.
- The last three Exchange Rate Effect figures came in at -$19.6 million (Q2 2026), -$49.8 million (Q1 2026), and -$29.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn | -19.63 Mn |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn | 26.73 Mn |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn | -19.00 Mn |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn | - |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn | -1.23 Mn |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn | - |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn | 128,000.00 |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn | - |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn | -19,000.00 |
| 10 | LiveOne | 46.60 Mn | 37.94 Mn | 3.94 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.63 Mn |
| Mar 31, 2026 | -49.84 Mn |
| Dec 31, 2025 | -29.38 Mn |
| Sep 30, 2025 | -21.72 Mn |
| Jun 30, 2025 | 287.47 Mn |
| Mar 31, 2025 | 150.15 Mn |
| Dec 31, 2024 | -351.27 Mn |
| Sep 30, 2024 | 153.45 Mn |
| Jun 30, 2024 | -122.72 Mn |
| Mar 31, 2024 | -95.79 Mn |
| Dec 31, 2023 | 139.34 Mn |
| Sep 30, 2023 | -122.71 Mn |
| Jun 30, 2023 | 39.63 Mn |
| Mar 31, 2023 | 26.42 Mn |
| Dec 31, 2022 | 166.56 Mn |
| Sep 30, 2022 | -180.06 Mn |
| Jun 30, 2022 | -145.20 Mn |
| Mar 31, 2022 | -11.45 Mn |
| Dec 31, 2021 | -4.24 Mn |
| Sep 30, 2021 | -63.84 Mn |