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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.83 Bn | 316.70 Bn | 6.52 Bn |
| 2 | Spotify Technology | 111.63 Bn | 100.71 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 13.00 Bn | 9.90 Bn | 582.00 Mn |
| 4 | FuboTV | 1.22 Bn | 3.14 Bn | 399.10 Mn |
| 5 | Huya | 947.78 Mn | 587.52 Mn | 37.58 Mn |
| 6 | iQIYI | 849.12 Mn | 364.94 Mn | 152.37 Mn |
| 7 | Kaltura | 229.15 Mn | 197.85 Mn | 34.54 Mn |
| 8 | CuriosityStream | 160.17 Mn | 111.78 Mn | 16.93 Mn |
| 9 | Cineverse | 54.91 Mn | 50.59 Mn | 10.66 Mn |
| 10 | LiveOne | 47.57 Mn | 47.56 Mn | 3.94 Mn |
Historic Data
Download Data
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 |