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Netflix (NFLX) Research & Development (2016 - 2026)

Netflix has reported Research & Development over the past 18 years, most recently at $959.7 million for Q1 2026.

  • For Q1 2026, Research & Development rose 16.63% year-over-year to $959.7 million; the TTM value through Mar 2026 reached $3.5 billion, up 15.85%, while the annual FY2025 figure was $3.4 billion, 15.93% up from the prior year.
  • Research & Development for Q1 2026 was $959.7 million at Netflix, up from $890.3 million in the prior quarter.
  • Over five years, Research & Development peaked at $959.7 million in Q1 2026 and troughed at $657.2 million in Q3 2023.
  • A 5-year average of $744.9 million and a median of $711.3 million in 2024 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: surged 33.41% in 2022 and later dropped 8.21% in 2023.
  • Year by year, Research & Development stood at $673.9 million in 2022, then decreased by 0.09% to $673.3 million in 2023, then rose by 15.32% to $776.5 million in 2024, then grew by 14.65% to $890.3 million in 2025, then rose by 7.79% to $959.7 million in 2026.
  • Business Quant data shows Research & Development for NFLX at $959.7 million in Q1 2026, $890.3 million in Q4 2025, and $853.6 million in Q3 2025.