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Netflix (NFLX) Leases (2019 - 2025)

Netflix has reported Leases over the past 9 years, most recently at $2.2 billion for Q4 2025.

  • Quarterly results put Leases at $2.2 billion for Q4 2025, up 4.99% from a year ago — trailing twelve months through Dec 2025 was $2.2 billion (up 4.99% YoY), and the annual figure for FY2025 was $2.2 billion, up 4.99%.
  • Leases for Q4 2025 was $2.2 billion at Netflix, down from $2.3 billion in the prior quarter.
  • Over the last five years, Leases for NFLX hit a ceiling of $2.5 billion in Q1 2022 and a floor of $2.0 billion in Q1 2021.
  • Median Leases over the past 5 years was $2.2 billion (2023), compared with a mean of $2.2 billion.
  • Biggest five-year swings in Leases: surged 33.67% in 2021 and later decreased 12.43% in 2023.
  • Netflix's Leases stood at $2.4 billion in 2021, then dropped by 8.97% to $2.2 billion in 2022, then decreased by 6.75% to $2.1 billion in 2023, then increased by 1.22% to $2.1 billion in 2024, then increased by 4.99% to $2.2 billion in 2025.
  • The last three reported values for Leases were $2.2 billion (Q4 2025), $2.3 billion (Q3 2025), and $2.2 billion (Q2 2025) per Business Quant data.