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

Netflix has reported Research & Development for 18 years, with the latest figure at $1.0 billion in Q2 2026.

• On a quarterly basis, Research & Development rose 22.19% year-over-year to $1.0 billion in Q2 2026; TTM through Jun 2026 was $3.7 billion, a 17.48% increase from a year earlier, with the FY2025 full-year figure at $3.4 billion, up 15.93% from the prior year.
• Research & Development was $1.0 billion for Q2 2026 at Netflix, up from $959.7 million in the prior quarter.
• The five-year high for Research & Development was $1.0 billion in Q2 2026, with the low at $657.2 million in Q3 2023.
• Average Research & Development over 5 years is $759.5 million, with a median of $714.0 million recorded in 2022.
• The sharpest annual moves came in 2022 and 2023: Research & Development soared 33.41% in 2022, then declined 8.21% in 2023.
• Over 5 years, Research & Development 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 rose by 13.18% to $1.0 billion in 2026.
• The last three Research & Development figures came in at $1.0 billion (Q2 2026), $959.7 million (Q1 2026), and $890.3 million (Q4 2025), per Business Quant data.