Growth Metrics

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

Netflix's quarterly Free Cash Flow came in at $5.1 billion in Q1 2026, up 91.44% year-on-year from $2.7 billion in Q1 2025, and up 172.07% quarter-over-quarter from $1.9 billion in Q4 2025.

Netflix has reported Free Cash Flow for 18 years, with the latest figure at $5.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 91.44% year-over-year to $5.1 billion; the trailing twelve-month figure through Mar 2026 stood at $11.9 billion (up 59.74% YoY), and the FY2025 full-year result was $9.5 billion, up 36.68% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $5.1 billion, up from $1.9 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $5.1 billion in Q1 2026, with the low at $12.7 million in Q2 2022.
  • Average Free Cash Flow over 5 years is $1.8 billion, with a median of $1.9 billion recorded in 2025.
  • Year-over-year, Free Cash Flow surged 10418.85% in 2023 and decreased 12.85% in 2024.
  • Tracing NFLX's Free Cash Flow over 5 years: stood at $332.3 million in 2022, then jumped by 375.94% to $1.6 billion in 2023, then declined by 12.85% to $1.4 billion in 2024, then surged by 35.85% to $1.9 billion in 2025, then soared 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 5.09 Bn
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 4.94 Bn
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn -476.00 Mn
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 2.03 Bn
5 Fox 26.01 Bn 22.51 Bn - 1.77 Bn
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 337.00 Mn
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 198.76 Mn
8 News 16.98 Bn 15.50 Bn - 399.00 Mn
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 674.56 Mn
10 Paramount Skydance 12.11 Bn 10.03 Bn - 217.00 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 5.09 Bn
Mar 31, 2026 5.09 Bn
Dec 31, 2025 1.87 Bn
Dec 31, 2025 1.87 Bn
Sep 30, 2025 2.66 Bn
Sep 30, 2025 2.66 Bn
Jun 30, 2025 2.27 Bn
Jun 30, 2025 2.27 Bn
Mar 31, 2025 2.66 Bn
Mar 31, 2025 2.66 Bn
Dec 31, 2024 1.38 Bn
Dec 31, 2024 1.38 Bn
Sep 30, 2024 2.19 Bn
Sep 30, 2024 2.19 Bn
Jun 30, 2024 1.21 Bn
Jun 30, 2024 1.21 Bn
Mar 31, 2024 2.14 Bn
Mar 31, 2024 2.14 Bn
Dec 31, 2023 1.58 Bn
Dec 31, 2023 1.58 Bn
Sep 30, 2023 1.89 Bn
Sep 30, 2023 1.89 Bn
Jun 30, 2023 1.34 Bn
Jun 30, 2023 1.34 Bn
Mar 31, 2023 2.12 Bn
Mar 31, 2023 2.12 Bn
Dec 31, 2022 332.27 Mn
Dec 31, 2022 332.27 Mn
Sep 30, 2022 471.85 Mn
Sep 30, 2022 471.85 Mn
Jun 30, 2022 12.73 Mn
Jun 30, 2022 12.73 Mn
Mar 31, 2022 801.68 Mn
Mar 31, 2022 801.68 Mn
Dec 31, 2021 -569.25 Mn
Dec 31, 2021 -569.25 Mn
Sep 30, 2021 -84.95 Mn
Sep 30, 2021 -84.95 Mn
Jun 30, 2021 -174.04 Mn
Jun 30, 2021 -174.04 Mn
Mar 31, 2021 696.27 Mn
Mar 31, 2021 696.27 Mn
Dec 31, 2020 -286.03 Mn
Dec 31, 2020 -286.03 Mn
Sep 30, 2020 1.15 Bn
Sep 30, 2020 1.15 Bn
Jun 30, 2020 899.34 Mn
Jun 30, 2020 899.34 Mn
Mar 31, 2020 161.90 Mn
Mar 31, 2020 161.90 Mn
Dec 31, 2019 -1.57 Bn
Dec 31, 2019 -1.57 Bn
Sep 30, 2019 -547.13 Mn
Sep 30, 2019 -547.13 Mn
Jun 30, 2019 -583.34 Mn
Jun 30, 2019 -583.34 Mn
Mar 31, 2019 -440.18 Mn
Mar 31, 2019 -440.18 Mn
Dec 31, 2018 -1.31 Bn
Dec 31, 2018 -1.31 Bn
Sep 30, 2018 -729.74 Mn
Sep 30, 2018 -729.74 Mn
Jun 30, 2018 -545.56 Mn
Jun 30, 2018 -545.56 Mn
Mar 31, 2018 -273.93 Mn
Mar 31, 2018 -273.93 Mn
Dec 31, 2017 -509.54 Mn
Dec 31, 2017 -509.54 Mn
Sep 30, 2017 -453.57 Mn
Sep 30, 2017 -453.57 Mn
Jun 30, 2017 -599.76 Mn
Jun 30, 2017 -599.76 Mn
Mar 31, 2017 -396.38 Mn
Mar 31, 2017 -396.38 Mn
Dec 31, 2016 -618.21 Mn
Dec 31, 2016 -618.21 Mn
Sep 30, 2016 -489.31 Mn
Sep 30, 2016 -489.31 Mn
Jun 30, 2016 -237.11 Mn
Jun 30, 2016 -237.11 Mn
Mar 31, 2016 -237.02 Mn
Mar 31, 2016 -237.02 Mn
Dec 31, 2015 -257.60 Mn
Dec 31, 2015 -257.60 Mn
Sep 30, 2015 -233.79 Mn
Sep 30, 2015 -233.79 Mn
Jun 30, 2015 -208.88 Mn
Jun 30, 2015 -208.88 Mn
Mar 31, 2015 -148.09 Mn
Mar 31, 2015 -148.09 Mn
Dec 31, 2014 -103.76 Mn
Dec 31, 2014 -103.76 Mn
Sep 30, 2014 -36.08 Mn
Sep 30, 2014 -36.08 Mn
Jun 30, 2014 36.16 Mn
Jun 30, 2014 36.16 Mn
Mar 31, 2014 23.03 Mn
Mar 31, 2014 23.03 Mn
Dec 31, 2013 18.34 Mn
Dec 31, 2013 18.34 Mn
Sep 30, 2013 23.87 Mn
Sep 30, 2013 23.87 Mn
Jun 30, 2013 25.86 Mn
Jun 30, 2013 25.86 Mn
Mar 31, 2013 -24.37 Mn
Mar 31, 2013 -24.37 Mn
Dec 31, 2012 -35.35 Mn
Dec 31, 2012 -35.35 Mn
Sep 30, 2012 -13.73 Mn
Sep 30, 2012 -13.73 Mn
Jun 30, 2012 16.05 Mn
Jun 30, 2012 16.05 Mn
Mar 31, 2012 14.34 Mn
Mar 31, 2012 14.34 Mn
Dec 31, 2011 54.81 Mn
Dec 31, 2011 54.81 Mn
Sep 30, 2011 35.45 Mn
Sep 30, 2011 35.45 Mn
Jun 30, 2011 77.77 Mn
Jun 30, 2011 77.77 Mn
Mar 31, 2011 100.00 Mn
Mar 31, 2011 100.00 Mn
Dec 31, 2010 82.29 Mn
Dec 31, 2010 82.29 Mn
Sep 30, 2010 34.89 Mn
Sep 30, 2010 34.89 Mn
Jun 30, 2010 54.58 Mn
Jun 30, 2010 54.58 Mn
Mar 31, 2010 70.81 Mn
Mar 31, 2010 70.81 Mn
Dec 31, 2009 83.38 Mn
Dec 31, 2009 83.38 Mn
Sep 30, 2009 68.32 Mn
Sep 30, 2009 68.32 Mn
Jun 30, 2009 68.37 Mn
Jun 30, 2009 68.37 Mn
Mar 31, 2009 59.06 Mn
Mar 31, 2009 59.06 Mn