Netflix (NFLX) Market Capitalization (2009 - 2026)
Netflix (NFLX) posted Market Capitalization of $297.3 billion for Q2 2026, down 26.6% on a QoQ basis from $405.1 billion in Q1 2026, and down 47.75% year-over-year from $569.0 billion in Q2 2025.
Netflix (NFLX) Market Capitalization (2009 - 2026) Analysis & Trends
Netflix has reported Market Capitalization for 18 years, with the latest figure at $297.3 billion in Q2 2026.
- On a quarterly basis, Market Capitalization fell 47.75% year-over-year to $297.3 billion in Q2 2026; TTM through Jun 2026 was $297.3 billion, a 47.75% decrease from a year earlier, with the FY2025 full-year figure at $395.9 billion, up 3.83% from the prior year.
- Market Capitalization was $297.3 billion for Q2 2026 at Netflix, down from $405.1 billion in the prior quarter.
- The five-year high for Market Capitalization was $569.0 billion in Q2 2025, with the low at $77.8 billion in Q2 2022.
- Average Market Capitalization over 5 years is $278.5 billion, with a median of $275.7 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Market Capitalization tumbled 66.73% in 2022, then surged 150.98% in 2023.
- Over 5 years, Market Capitalization stood at $131.3 billion in 2022, then surged by 60.44% to $210.7 billion in 2023, then surged by 80.94% to $381.3 billion in 2024, then grew by 3.83% to $395.9 billion in 2025, then dropped by 24.9% to $297.3 billion in 2026.
- The last three Market Capitalization figures came in at $297.3 billion (Q2 2026), $405.1 billion (Q1 2026), and $395.9 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 270.33 Bn |
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_KEY
import 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();