Netflix (NFLX) Non-Current Debt (2009 - 2026)
Netflix (NFLX) posted Non-Current Debt of $11.8 billion for Q2 2026, down 11.49% on a QoQ basis from $13.4 billion in Q1 2026, and down 18.18% year-over-year from $14.5 billion in Q2 2025.
Analysis
Netflix (NFLX) Non-Current Debt (2009 - 2026) Analysis & Trends
Netflix has reported Non-Current Debt for 18 years, with the latest figure at $11.8 billion in Q2 2026.
- On a quarterly basis, Non-Current Debt fell 18.18% year-over-year to $11.8 billion in Q2 2026; TTM through Jun 2026 was $11.8 billion, a 18.18% decrease from a year earlier, with the FY2025 full-year figure at $13.5 billion, down 2.42% from the prior year.
- Non-Current Debt was $11.8 billion for Q2 2026 at Netflix, down from $13.4 billion in the prior quarter.
- The five-year high for Non-Current Debt was $14.5 billion in Q1 2022, with the low at $11.8 billion in Q2 2026.
- Average Non-Current Debt over 5 years is $13.8 billion, with a median of $14.0 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Non-Current Debt sank 32.37% in 2022, then climbed 18.66% in 2025.
- Over 5 years, Non-Current Debt stood at $14.4 billion in 2022, then fell by 1.46% to $14.1 billion in 2023, then dropped by 2.44% to $13.8 billion in 2024, then slipped by 2.42% to $13.5 billion in 2025, then declined by 12.17% to $11.8 billion in 2026.
- The last three Non-Current Debt figures came in at $11.8 billion (Q2 2026), $13.4 billion (Q1 2026), and $13.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn | 11.83 Bn |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn | - |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn | 1.05 Bn |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn | - |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn | 531.23 Mn |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn | - |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn | 26.69 Mn |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn | - |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn | - |
| 10 | LiveOne | 46.60 Mn | 37.94 Mn | 3.94 Mn | 149,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.83 Bn |
| Mar 31, 2026 | 13.36 Bn |
| Dec 31, 2025 | 13.46 Bn |
| Sep 30, 2025 | 14.46 Bn |
| Jun 30, 2025 | 14.45 Bn |
| Mar 31, 2025 | 14.01 Bn |
| Dec 31, 2024 | 13.80 Bn |
| Sep 30, 2024 | 14.16 Bn |
| Jun 30, 2024 | 12.18 Bn |
| Mar 31, 2024 | 13.22 Bn |
| Dec 31, 2023 | 14.14 Bn |
| Sep 30, 2023 | 13.90 Bn |
| Jun 30, 2023 | 14.07 Bn |
| Mar 31, 2023 | 14.04 Bn |
| Dec 31, 2022 | 14.35 Bn |
| Sep 30, 2022 | 13.89 Bn |
| Jun 30, 2022 | 14.23 Bn |
| Mar 31, 2022 | 14.53 Bn |
| Dec 31, 2021 | 14.69 Bn |
| Sep 30, 2021 | 20.54 Bn |