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Netflix (NFLX) Tax Rate (2016 - 2026)

Netflix has reported Tax Rate over the past 18 years, most recently at 19.31% for Q1 2026.

  • For Q1 2026, Tax Rate rose 925.0% year-over-year to 19.31%; the TTM value through Mar 2026 reached 16.71%, up 445.0%, while the annual FY2025 figure was 13.69%, 110.0% up from the prior year.
  • Tax Rate for Q1 2026 was 19.31% at Netflix, up from 12.62% in the prior quarter.
  • Over five years, Tax Rate peaked at 19.31% in Q1 2026 and troughed at 40.54% in Q4 2022.
  • A 5-year average of 10.66% and a median of 12.56% in 2024 define the central range for Tax Rate.
  • Biggest five-year swings in Tax Rate: plummeted -3027bps in 2022 and later skyrocketed 5886bps in 2023.
  • Year by year, Tax Rate stood at 40.54% in 2022, then surged by 145bps to 18.32% in 2023, then crashed by -32bps to 12.45% in 2024, then grew by 1bps to 12.62% in 2025, then surged by 53bps to 19.31% in 2026.
  • Business Quant data shows Tax Rate for NFLX at 19.31% in Q1 2026, 12.62% in Q4 2025, and 18.09% in Q3 2025.