Netflix (NFLX) Free Cash Flow (2009 - 2026)

Netflix's Free Cash Flow history runs 18 years deep, the most recent figure standing at $5.1 billion for Q1 2026.

• In Q1 2026, Free Cash Flow rose 91.44% year-over-year to $5.1 billion; the TTM figure through Mar 2026 stood at $11.9 billion (up 59.74% YoY), while the FY2025 annual figure was $9.5 billion, up 36.68% from the prior year.
• Free Cash Flow was $5.1 billion for Q1 2026 at Netflix, up from $1.9 billion in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $5.1 billion in Q1 2026 to a low of $12.7 million in Q2 2022.
• Historically, Free Cash Flow has averaged $1.8 billion across 5 years, with a median of $1.9 billion in 2025.
• The sharpest annual moves came in 2023 and 2024: Free Cash Flow soared 10418.85% in 2023, then fell 12.85% in 2024.
• A 5-year view of Free Cash Flow shows it stood at $332.3 million in 2022, then soared by 375.94% to $1.6 billion in 2023, then dropped by 12.85% to $1.4 billion in 2024, then jumped by 35.85% to $1.9 billion in 2025, then surged by 172.07% to $5.1 billion in 2026.
• The last three Free Cash Flow figures came in at $5.1 billion (Q1 2026), $1.9 billion (Q4 2025), and $2.7 billion (Q3 2025), per Business Quant data.