Netflix (NFLX) Invested Capital (2009 - 2026)

Netflix (NFLX) has reported Invested Capital for 18 consecutive years, with $32.1 billion the latest figure, recorded in Q1 2026.

• In Q1 2026, Invested Capital rose 28.33% year-over-year to $32.1 billion; the TTM figure through Mar 2026 stood at $32.1 billion (up 28.33% YoY), while the FY2025 annual figure was $27.6 billion, up 4.1% from the prior year.
• Invested Capital came in at $32.1 billion for Q1 2026 at Netflix, up from $27.6 billion in the prior quarter.
• The five-year high for Invested Capital was $32.1 billion in Q1 2026, with the low at $17.5 billion in Q1 2022.
• Average Invested Capital over 5 years is $23.5 billion, with a median of $23.2 billion recorded in 2023.
• Across the five-year window, Invested Capital slumped 48.22% in 2022 and climbed 28.33% in 2026, its largest moves.
• Year by year, Invested Capital stood at $20.8 billion in 2022, then advanced by 1.01% to $21.0 billion in 2023, then gained by 26.4% to $26.5 billion in 2024, then increased by 4.1% to $27.6 billion in 2025, then grew by 16.34% to $32.1 billion in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $32.1 billion, $27.6 billion, and $26.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.