Growth Metrics

Netflix (NFLX) Tax Rate (2016 - 2025)

Netflix (NFLX) has 17 years of Tax Rate data on record, last reported at 12.62% in Q4 2025.

  • For Q4 2025, Tax Rate rose 17.0% year-over-year to 12.62%; the TTM value through Dec 2025 reached 13.69%, up 110.0%, while the annual FY2025 figure was 13.69%, 110.0% up from the prior year.
  • Tax Rate reached 12.62% in Q4 2025 per NFLX's latest filing, down from 18.09% in the prior quarter.
  • Across five years, Tax Rate topped out at 19.31% in Q1 2022 and bottomed at 40.54% in Q4 2022.
  • Average Tax Rate over 5 years is 9.78%, with a median of 12.59% recorded in 2024.
  • Peak YoY movement for Tax Rate: plummeted -3027bps in 2022, then skyrocketed 5886bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 10.27% in 2021, then crashed by -295bps to 40.54% in 2022, then soared by 145bps to 18.32% in 2023, then plummeted by -32bps to 12.45% in 2024, then increased by 1bps to 12.62% in 2025.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 12.62% in Q4 2025, 18.09% in Q3 2025, and 13.94% in Q2 2025.