Netflix (NFLX) Retained Earnings (2009 - 2026)
Netflix (NFLX) recorded Retained Earnings of $50.97 billion in Q2 2026, up 36.6% from $37.32 billion a year earlier and up 7.2% from the prior quarter.
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Analysis
Netflix (NFLX) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Netflix reported Retained Earnings of $42.28 billion, up 35.1% from FY2024.
- Annual Retained Earnings has increased for 16 straight years, with a five-year compound annual growth rate of 41.1% (FY2020 to FY2025).
- Across earlier years, Retained Earnings came in at $31.3 billion in FY2024 (+38.6%), $22.59 billion in FY2023 (+31.5%), $17.18 billion in FY2022 (+35.4%) and $12.69 billion in FY2021 (+67.6%).
- The Q2 2026 figure is the highest quarterly Retained Earnings in data going back to Q2 2009.
- On a year-over-year basis, Retained Earnings has increased for 63 consecutive quarters, with growth averaging 37.0% over the last eight quarters.
- Over the past five years, the year-over-year growth in Retained Earnings ranged from 26.4% (Q3 2023) to 71.8% (Q3 2021).
- Per Business Quant, the preceding three quarters came in at $47.56 billion (Q1 2026), $42.28 billion (Q4 2025) and $39.86 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 493.37 Bn |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 157.84 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 50.97 Bn |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | 103.45 Bn |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 3.78 Bn |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | -7.95 Bn |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | 43.05 Bn |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | 47.74 Bn |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 2.66 Bn |
| 10 | Spotify Technology | 101.54 Bn | 58.77 Bn | 1.86 Bn | 489.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.97 Bn |
| Mar 31, 2026 | 47.56 Bn |
| Dec 31, 2025 | 42.28 Bn |
| Sep 30, 2025 | 39.86 Bn |
| Jun 30, 2025 | 37.32 Bn |
| Mar 31, 2025 | 34.19 Bn |
| Dec 31, 2024 | 31.30 Bn |
| Sep 30, 2024 | 29.43 Bn |
| Jun 30, 2024 | 27.07 Bn |
| Mar 31, 2024 | 24.92 Bn |
| Dec 31, 2023 | 22.59 Bn |
| Sep 30, 2023 | 21.65 Bn |
| Jun 30, 2023 | 19.97 Bn |
| Mar 31, 2023 | 18.49 Bn |
| Dec 31, 2022 | 17.18 Bn |
| Sep 30, 2022 | 17.13 Bn |
| Jun 30, 2022 | 15.73 Bn |
| Mar 31, 2022 | 14.29 Bn |
| Dec 31, 2021 | 12.69 Bn |
| Sep 30, 2021 | 12.08 Bn |
API Access
Netflix Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=NFLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "NFLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=NFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();