Netflix (NFLX) Market Capitalization (2009 - 2026)
Netflix (NFLX) posted Market Capitalization of $285.72 billion for Q3 2026, down 43.8% from $508.01 billion a year earlier and down 3.9% from the prior quarter.
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Analysis
Netflix (NFLX) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Netflix's Market Capitalization came in at $395.87 billion, up 3.8% from FY2024.
- Annual Market Capitalization has increased for three consecutive years, with a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- In prior years, Netflix's Market Capitalization was $381.26 billion in FY2024 (+80.9%), $210.71 billion in FY2023 (+60.4%), $131.33 billion in FY2022 (-50.9%) and $267.44 billion in FY2021 (+11.7%).
- The Q3 2026 figure stands as the lowest quarterly Market Capitalization since Q1 2024.
- On a year-over-year basis, Market Capitalization increased in six of the last eight quarters, with growth averaging 26.4%.
- The strongest year-over-year quarter for Market Capitalization in the past five years was Q2 2023, with growth of 151.0%; the weakest was Q2 2022, with a decline of 66.7%.
- According to Business Quant data, Market Capitalization for the three prior quarters was $297.31 billion (Q2 2026), $405.06 billion (Q1 2026) and $395.87 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 285.72 Bn |
| Jun 30, 2026 | 297.31 Bn |
| Mar 31, 2026 | 405.06 Bn |
| Dec 31, 2025 | 395.87 Bn |
| Sep 30, 2025 | 508.01 Bn |
| Jun 30, 2025 | 569.02 Bn |
| Mar 31, 2025 | 396.95 Bn |
| Dec 31, 2024 | 381.26 Bn |
| Sep 30, 2024 | 303.20 Bn |
| Jun 30, 2024 | 289.64 Bn |
| Mar 31, 2024 | 261.73 Bn |
| Dec 31, 2023 | 210.71 Bn |
| Sep 30, 2023 | 165.27 Bn |
| Jun 30, 2023 | 195.21 Bn |
| Mar 31, 2023 | 153.59 Bn |
| Dec 31, 2022 | 131.33 Bn |
| Sep 30, 2022 | 104.76 Bn |
| Jun 30, 2022 | 77.78 Bn |
| Mar 31, 2022 | 166.42 Bn |
| Dec 31, 2021 | 267.44 Bn |
API Access
Netflix Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=NFLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "NFLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=NFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();