Netflix NFLX
NASDAQ NFLX
$76.83 -1.42 (-1.81%)
As of: Sep 8, 2026 · 3:59 PM EDT

Netflix (NFLX) Invested Capital (2009 - 2026)

Netflix (NFLX) posted Invested Capital of $46.9 billion for Q2 2026, up 0.99% on a QoQ basis from $46.5 billion in Q1 2026, and up 19.14% year-over-year from $39.4 billion in Q2 2025.

Analysis

Netflix (NFLX) Invested Capital (2009 - 2026) Analysis & Trends

Netflix has reported Invested Capital for 18 years, with the latest figure at $46.9 billion in Q2 2026.

  • On a quarterly basis, Invested Capital rose 19.14% year-over-year to $46.9 billion in Q2 2026; TTM through Jun 2026 was $46.9 billion, a 19.14% increase from a year earlier, with the FY2025 full-year figure at $42.1 billion, changed 0.08% from the prior year.
  • Invested Capital was $46.9 billion for Q2 2026 at Netflix, up from $46.5 billion in the prior quarter.
  • The five-year high for Invested Capital was $46.9 billion in Q2 2026, with the low at $32.1 billion in Q1 2022.
  • Average Invested Capital over 5 years is $38.5 billion, with a median of $37.8 billion recorded in 2023.
  • The sharpest annual moves came in 2022 and 2026: Invested Capital decreased 9.08% in 2022, then advanced 19.14% in 2026.
  • Over 5 years, Invested Capital stood at $35.1 billion in 2022, then rose by 1.14% to $35.5 billion in 2023, then climbed by 18.52% to $42.1 billion in 2024, then slipped by 0.08% to $42.1 billion in 2025, then increased by 11.57% to $46.9 billion in 2026.
  • The last three Invested Capital figures came in at $46.9 billion (Q2 2026), $46.5 billion (Q1 2026), and $42.1 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Netflix 321.15 Bn 312.02 Bn 6.52 Bn 46.95 Bn
2 Spotify Technology 108.56 Bn 97.65 Bn 1.86 Bn 9.77 Bn
3 Tencent Music Entertainment 12.38 Bn 8.87 Bn 582.00 Mn 14.77 Bn
4 Huya 485.14 Mn 124.88 Mn 37.58 Mn 697.02 Mn
5 iQIYI 427.67 Mn -43.23 Mn 152.37 Mn 2.90 Bn
6 FuboTV 324.08 Mn -128.33 Mn 399.10 Mn 420.25 Mn
7 Kaltura 221.37 Mn 190.08 Mn 34.54 Mn 54.95 Mn
8 CuriosityStream 157.45 Mn 109.05 Mn 16.93 Mn -
9 Cineverse 47.34 Mn 43.02 Mn 10.66 Mn 51.43 Mn
10 LiveOne 46.60 Mn 37.94 Mn 3.94 Mn -10.43 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 46.95 Bn
Mar 31, 2026 46.49 Bn
Dec 31, 2025 42.08 Bn
Sep 30, 2025 40.42 Bn
Jun 30, 2025 39.41 Bn
Mar 31, 2025 40.05 Bn
Dec 31, 2024 42.11 Bn
Sep 30, 2024 40.52 Bn
Jun 30, 2024 37.89 Bn
Mar 31, 2024 36.18 Bn
Dec 31, 2023 35.53 Bn
Sep 30, 2023 36.81 Bn
Jun 30, 2023 37.70 Bn
Mar 31, 2023 36.66 Bn
Dec 31, 2022 35.13 Bn
Sep 30, 2022 34.42 Bn
Jun 30, 2022 33.31 Bn
Mar 31, 2022 32.08 Bn
Dec 31, 2021 31.94 Bn
Sep 30, 2021 37.25 Bn