Growth Metrics

Netflix (NFLX) Invested Capital (2016 - 2026)

Netflix has reported Invested Capital over the past 18 years, most recently at $32.1 billion for Q1 2026.

  • For Q1 2026, Invested Capital rose 28.33% year-over-year to $32.1 billion; the TTM value through Mar 2026 reached $32.1 billion, up 28.33%, while the annual FY2025 figure was $27.6 billion, 4.1% up from the prior year.
  • Invested Capital for Q1 2026 was $32.1 billion at Netflix, up from $27.6 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $32.1 billion in Q1 2026 and troughed at $17.5 billion in Q1 2022.
  • A 5-year average of $23.5 billion and a median of $23.2 billion in 2023 define the central range for Invested Capital.
  • Biggest five-year swings in Invested Capital: crashed 48.22% in 2022 and later rose 28.33% in 2026.
  • Year by year, Invested Capital stood at $20.8 billion in 2022, then grew by 1.01% to $21.0 billion in 2023, then rose by 26.4% to $26.5 billion in 2024, then grew by 4.1% to $27.6 billion in 2025, then rose by 16.34% to $32.1 billion in 2026.
  • Business Quant data shows Invested Capital for NFLX at $32.1 billion in Q1 2026, $27.6 billion in Q4 2025, and $26.0 billion in Q3 2025.