Netflix Inc (NFLX) Tax Rate (2009 - 2026)

Netflix (NFLX) has reported Tax Rate for 18 consecutive years, with 19.31% the latest figure, recorded in Q1 2026.

• In Q1 2026, Tax Rate rose 925.0% year-over-year to 19.31%; the TTM figure through Mar 2026 stood at 16.71% (up 445.0% YoY), while the FY2025 annual figure was 13.69%, up 110.0% from the prior year.
• Tax Rate came in at 19.31% for Q1 2026 at Netflix, up from 12.62% in the prior quarter.
• The five-year high for Tax Rate was 19.31% in Q1 2026, with the low at 40.54% in Q4 2022.
• Average Tax Rate over 5 years is 10.66%, with a median of 12.56% recorded in 2024.
• Across the five-year window, Tax Rate sank 3027 bps in 2022 and jumped 5886 bps in 2023, its largest moves.
• Year by year, Tax Rate stood at 40.54% in 2022, then soared by 145 bps to 18.32% in 2023, then plunged by 32 bps to 12.45% in 2024, then increased by 1 bps to 12.62% in 2025, then soared by 53 bps to 19.31% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 19.31%, 12.62%, and 18.09% for Q1 2026, Q4 2025, and Q3 2025 respectively.