Netflix (NFLX) Interest Coverage Ratio (2009 - 2026)
Netflix (NFLX) posted Interest Coverage Ratio of 23.86 for Q2 2026, up 58.06% on a QoQ basis from 15.1 in Q1 2026, and up 15.47% year-over-year from 20.67 in Q2 2025.
Analysis
Netflix (NFLX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Netflix has reported Interest Coverage Ratio for 18 years, with the latest figure at 23.86 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 15.47% year-over-year to 23.86 in Q2 2026; TTM through Jun 2026 was 16.94, a 2.46% increase from a year earlier, with the FY2025 full-year figure at 17.16, up 18.41% from the prior year.
- Interest Coverage Ratio was 23.86 for Q2 2026 at Netflix, up from 15.1 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 23.86 in Q2 2026, with the low at 3.22 in Q4 2022.
- Average Interest Coverage Ratio over 5 years is 13.25, with a median of 12.21 recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Interest Coverage Ratio surged 164.91% in 2023, then retreated 16.92% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 3.22 in 2022, then soared by 164.91% to 8.54 in 2023, then soared by 38.19% to 11.8 in 2024, then increased by 6.9% to 12.61 in 2025, then jumped by 89.19% to 23.86 in 2026.
- The last three Interest Coverage Ratio figures came in at 23.86 (Q2 2026), 15.1 (Q1 2026), and 12.61 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn | 23.86 |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn | 31.19 |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn | 447.00 |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn | - |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn | -0.56 |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn | 2.44 |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn | - |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn | - |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn | - |
| 10 | LiveOne | 46.60 Mn | 37.94 Mn | 3.94 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.86 |
| Mar 31, 2026 | 15.10 |
| Dec 31, 2025 | 12.61 |
| Sep 30, 2025 | 18.53 |
| Jun 30, 2025 | 20.67 |
| Mar 31, 2025 | 18.17 |
| Dec 31, 2024 | 11.80 |
| Sep 30, 2024 | 15.74 |
| Jun 30, 2024 | 15.49 |
| Mar 31, 2024 | 15.19 |
| Dec 31, 2023 | 8.54 |
| Sep 30, 2023 | 10.92 |
| Jun 30, 2023 | 10.45 |
| Mar 31, 2023 | 9.84 |
| Dec 31, 2022 | 3.22 |
| Sep 30, 2022 | 8.88 |
| Jun 30, 2022 | 9.00 |
| Mar 31, 2022 | 10.51 |
| Dec 31, 2021 | 3.34 |
| Sep 30, 2021 | 9.22 |