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

Netflix (NFLX) has reported Research & Development for 18 consecutive years, with $959.7 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Research & Development rose 16.63% year-over-year to $959.7 million; the TTM figure through Mar 2026 stood at $3.5 billion (up 15.85% YoY), while the FY2025 annual figure was $3.4 billion, up 15.93% from the prior year.
• Research & Development came in at $959.7 million for Q1 2026 at Netflix, 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.
• Across the five-year window, Research & Development surged 33.41% in 2022 and retreated 8.21% in 2023, its largest moves.
• Year by year, Research & Development stood at $673.9 million in 2022, then slipped by 0.09% to $673.3 million in 2023, then gained by 15.32% to $776.5 million in 2024, then advanced by 14.65% to $890.3 million in 2025, then gained by 7.79% to $959.7 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $959.7 million, $890.3 million, and $853.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.