Netflix (NFLX) Exchange Rate Effect (2012 - 2026)

Netflix's Exchange Rate Effect history runs 15 years deep, the most recent figure standing at -$49.8 million for Q1 2026.

• In Q1 2026, Exchange Rate Effect fell 133.19% year-over-year to -$49.8 million; the TTM figure through Mar 2026 stood at $186.5 million (up 209.47% YoY), while the FY2025 annual figure was $386.5 million, up 192.84% from the prior year.
• Exchange Rate Effect was -$49.8 million for Q1 2026 at Netflix, down from -$29.4 million in the prior quarter.
• In the past five years, Exchange Rate Effect ranged from a high of $287.5 million in Q2 2025 to a low of -$351.3 million in Q4 2024.
• Historically, Exchange Rate Effect has averaged -$9.8 million across 5 years, with a median of -$21.7 million in 2025.
• Biggest YoY gain for Exchange Rate Effect was 4032.11% in 2022; the steepest drop was 718.47% in 2022.
• A 5-year view of Exchange Rate Effect shows it stood at $166.6 million in 2022, then dropped by 16.34% to $139.3 million in 2023, then plunged by 352.09% to -$351.3 million in 2024, then soared by 91.64% to -$29.4 million in 2025, then tumbled by 69.65% to -$49.8 million in 2026.
• The last three Exchange Rate Effect figures came in at -$49.8 million (Q1 2026), -$29.4 million (Q4 2025), and -$21.7 million (Q3 2025), per Business Quant data.