Growth Metrics

Netflix (NFLX) Invested Capital (2016 - 2025)

Netflix (NFLX) has 17 years of Invested Capital data on record, last reported at $27.6 billion in Q4 2025.

  • For Q4 2025, Invested Capital rose 4.1% year-over-year to $27.6 billion; the TTM value through Dec 2025 reached $27.6 billion, up 4.1%, while the annual FY2025 figure was $27.6 billion, 4.1% up from the prior year.
  • Invested Capital reached $27.6 billion in Q4 2025 per NFLX's latest filing, up from $26.0 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $35.9 billion in Q3 2021 and bottomed at $16.5 billion in Q4 2021.
  • Average Invested Capital over 5 years is $24.4 billion, with a median of $23.6 billion recorded in 2023.
  • Peak YoY movement for Invested Capital: tumbled 49.73% in 2021, then grew 26.69% in 2023.
  • A 5-year view of Invested Capital shows it stood at $16.5 billion in 2021, then rose by 25.55% to $20.8 billion in 2022, then increased by 1.01% to $21.0 billion in 2023, then grew by 26.4% to $26.5 billion in 2024, then increased by 4.1% to $27.6 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Invested Capital were $27.6 billion in Q4 2025, $26.0 billion in Q3 2025, and $25.0 billion in Q2 2025.