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Netflix (NFLX) Research & Development (2016 - 2025)

Netflix (NFLX) has 17 years of Research & Development data on record, last reported at $890.3 million in Q4 2025.

  • For Q4 2025, Research & Development rose 14.65% year-over-year to $890.3 million; the TTM value through Dec 2025 reached $3.4 billion, up 15.93%, while the annual FY2025 figure was $3.4 billion, 15.93% up from the prior year.
  • Research & Development reached $890.3 million in Q4 2025 per NFLX's latest filing, up from $853.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $890.3 million in Q4 2025 and bottomed at $525.2 million in Q1 2021.
  • Average Research & Development over 5 years is $698.9 million, with a median of $680.6 million recorded in 2022.
  • Peak YoY movement for Research & Development: surged 33.41% in 2022, then dropped 8.21% in 2023.
  • A 5-year view of Research & Development shows it stood at $647.5 million in 2021, then rose by 4.09% to $673.9 million in 2022, then fell by 0.09% to $673.3 million in 2023, then grew by 15.32% to $776.5 million in 2024, then increased by 14.65% to $890.3 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $890.3 million in Q4 2025, $853.6 million in Q3 2025, and $824.7 million in Q2 2025.