Netflix (NFLX) Selling, General & Administrative (2009 - 2026)
Netflix (NFLX) reported Selling, General & Administrative of $466.37 million for Q3 2026, up 1.8% from $457.93 million a year earlier but down 6.5% from the prior quarter.
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Analysis
Netflix (NFLX) Selling, General & Administrative (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Netflix's Selling, General & Administrative came in at $2.14 billion, up 20.4% year-over-year; for FY2025, it was $1.89 billion, up 10.9% from FY2024.
- Selling, General & Administrative has a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- By year, Selling, General & Administrative came in at $1.7 billion in FY2024 (-1.1%), $1.72 billion in FY2023 (+9.4%), $1.57 billion in FY2022 (+16.4%) and $1.35 billion in FY2021 (+25.6%).
- Five-year quarterly Selling, General & Administrative spans a low of $373.21 million in Q3 2022 and a high of $602.61 million in Q1 2026.
- Year over year, Selling, General & Administrative has now increased in each of the last eight quarters, with growth averaging 13.0% over the last eight quarters.
- The high point for year-over-year Selling, General & Administrative in five years was Q4 2021 (growth of 44.4%); the low point was Q3 2024 (a decline of 12.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $498.85 million (Q2 2026), $602.61 million (Q1 2026) and $567.8 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,893.85 Bn | 3,651.37 Bn | 73.85 Bn | 6.46 Bn |
| 2 | Meta Platforms | 1,633.93 Bn | 1,336.45 Bn | 49.47 Bn | 5.61 Bn |
| 3 | Netflix | 271.96 Bn | 233.26 Bn | 6.80 Bn | 466.37 Mn |
| 4 | Alibaba Group Holding | 231.45 Bn | 45.22 Bn | 15.11 Bn | -1.87 Bn |
| 5 | Shopify | 218.36 Bn | 195.54 Bn | 1.71 Bn | 136.00 Mn |
| 6 | Uber Technologies | 135.44 Bn | 107.24 Bn | 6.38 Bn | 935.00 Mn |
| 7 | Booking Holdings | 119.78 Bn | 52.83 Bn | - | 217.00 Mn |
| 8 | Spotify Technology | 119.39 Bn | 76.31 Bn | 1.89 Bn | 165.66 Mn |
| 9 | PDD Holdings | 110.49 Bn | -133.29 Bn | 9.45 Bn | -345.00 Mn |
| 10 | Airbnb | 101.64 Bn | 54.87 Bn | 2.98 Bn | 309.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 466.37 Mn |
| Jun 30, 2026 | 498.85 Mn |
| Mar 31, 2026 | 602.61 Mn |
| Dec 31, 2025 | 567.80 Mn |
| Sep 30, 2025 | 457.93 Mn |
| Jun 30, 2025 | 441.21 Mn |
| Mar 31, 2025 | 421.46 Mn |
| Dec 31, 2024 | 453.67 Mn |
| Sep 30, 2024 | 417.35 Mn |
| Jun 30, 2024 | 426.99 Mn |
| Mar 31, 2024 | 404.02 Mn |
| Dec 31, 2023 | 439.27 Mn |
| Sep 30, 2023 | 478.59 Mn |
| Jun 30, 2023 | 401.50 Mn |
| Mar 31, 2023 | 400.92 Mn |
| Dec 31, 2022 | 392.45 Mn |
| Sep 30, 2022 | 373.21 Mn |
| Jun 30, 2022 | 409.30 Mn |
| Mar 31, 2022 | 397.93 Mn |
| Dec 31, 2021 | 397.79 Mn |
API Access
Netflix Selling, General & Administrative 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=selling-general-and-administrative&ticker=NFLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=NFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();