Netflix (NFLX) Research & Development (2009 - 2026)

Netflix has reported Research & Development for 18 years, with the latest figure at $959.7 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 16.63% year-over-year to $959.7 million; the trailing twelve-month figure through Mar 2026 stood at $3.5 billion (up 15.85% YoY), and the FY2025 full-year result was $3.4 billion, up 15.93% from the prior year.
• Research & Development for Q1 2026 stood at $959.7 million, up from $890.3 million in the prior quarter.
• The five-year high for Research & Development was $959.7 million in Q1 2026, with the low at $657.2 million in Q3 2023.
• Average Research & Development over 5 years is $744.9 million, with a median of $711.3 million recorded in 2024.
• Year-over-year, Research & Development jumped 33.41% in 2022 and fell 8.21% in 2023.
• Tracing NFLX's Research & Development over 5 years: stood at $673.9 million in 2022, then retreated by 0.09% to $673.3 million in 2023, then increased by 15.32% to $776.5 million in 2024, then rose by 14.65% to $890.3 million in 2025, then increased by 7.79% to $959.7 million in 2026.
• The last three Research & Development figures came in at $959.7 million (Q1 2026), $890.3 million (Q4 2025), and $853.6 million (Q3 2025), per Business Quant data.

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