Netflix Free Cash Flow Per Share Growth & History (NFLX)
Netflix's free cash flow per share was $2.23 for fiscal 2025.
View full Netflix company overviewNetflix annual free cash flow per share history
| Fiscal year | Period ended | Free cash flow per share | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.23 | $0.61 | +38.15% |
| 2024 | 2024-12-31 | $1.61 | $0.04 | +2.75% |
| 2023 | 2023-12-31 | $1.57 | $1.20 | +330.93% |
| 2022 | 2022-12-31 | $0.36 | $0.39 | — |
| 2021 | 2021-12-31 | -$0.03 | -$0.47 | — |
| 2020 | 2020-12-31 | $0.44 | $1.15 | — |
| 2019 | 2019-12-31 | -$0.72 | -$0.06 | — |
| 2018 | 2018-12-31 | -$0.66 | -$0.20 | — |
| 2017 | 2017-12-31 | -$0.45 | -$0.08 | — |
| 2016 | 2016-12-31 | -$0.37 | -$0.17 | — |
| 2015 | 2015-12-31 | -$0.20 | -$0.18 | — |
| 2014 | 2014-12-31 | -$0.01 | -$0.02 | — |
| 2013 | 2013-12-31 | $0.01 | $0.01 | — |
| 2012 | 2012-12-31 | -$0.00 | -$0.00 | — |
| 2011 | 2011-12-31 | $0.00 | $0.00 | +9.83% |
| 2010 | 2010-12-31 | $0.00 | -$0.00 | −6.43% |
| 2009 | 2009-12-31 | $0.00 | $0.00 | +25.23% |
| 2008 | 2008-12-31 | $0.00 | $0.00 | +13.37% |
| 2007 | 2007-12-31 | $0.00 | — | — |
Netflix quarterly free cash flow per share
| Fiscal quarter | Period ended | Free cash flow per share | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $0.36 | -$0.17 | −31.73% |
| Q1 2026 | 2026-03-31 | $1.21 | $0.58 | +93.70% |
| Q4 2025 | 2025-12-31 | $0.44 | — | — |
| Q3 2025 | 2025-09-30 | $0.63 | $0.11 | +22.33% |
| Q2 2025 | 2025-06-30 | $0.53 | $0.25 | +89.12% |
| Q1 2025 | 2025-03-31 | $0.62 | $0.13 | +25.93% |
| Q3 2024 | 2024-09-30 | $0.51 | $0.08 | +19.80% |
| Q2 2024 | 2024-06-30 | $0.28 | -$0.02 | −6.55% |
| Q1 2024 | 2024-03-31 | $0.49 | $0.02 | +4.02% |
| Q3 2023 | 2023-09-30 | $0.43 | $0.32 | +303.24% |
| Q2 2023 | 2023-06-30 | $0.30 | $0.30 | +10434.87% |
| Q1 2023 | 2023-03-31 | $0.48 | $0.29 | +163.38% |
| Q3 2022 | 2022-09-30 | $0.11 | $0.13 | — |
| Q2 2022 | 2022-06-30 | $0.00 | $0.04 | — |
| Q1 2022 | 2022-03-31 | $0.18 | $0.02 | +14.90% |
| Q3 2021 | 2021-09-30 | -$0.02 | -$0.28 | — |
| Q2 2021 | 2021-06-30 | -$0.04 | -$0.24 | — |
| Q1 2021 | 2021-03-31 | $0.16 | $0.12 | +326.31% |
| Q3 2020 | 2020-09-30 | $0.26 | $0.39 | — |
| Q2 2020 | 2020-06-30 | $0.20 | $0.34 | — |
| Q1 2020 | 2020-03-31 | $0.04 | $0.14 | — |
| Q3 2019 | 2019-09-30 | -$0.12 | $0.04 | — |
| Q2 2019 | 2019-06-30 | -$0.13 | -$0.01 | — |
| Q1 2019 | 2019-03-31 | -$0.10 | -$0.04 | — |
| Q3 2018 | 2018-09-30 | -$0.17 | -$0.06 | — |
| Q2 2018 | 2018-06-30 | -$0.13 | $0.01 | — |
| Q1 2018 | 2018-03-31 | -$0.06 | $0.03 | — |
| Q3 2017 | 2017-09-30 | -$0.10 | $0.01 | — |
| Q2 2017 | 2017-06-30 | -$0.14 | -$0.08 | — |
| Q1 2017 | 2017-03-31 | -$0.09 | -$0.04 | — |
| Q3 2016 | 2016-09-30 | -$0.11 | -$0.06 | — |
| Q2 2016 | 2016-06-30 | -$0.06 | -$0.01 | — |
| Q1 2016 | 2016-03-31 | -$0.06 | -$0.02 | — |
| Q3 2015 | 2015-09-30 | -$0.05 | -$0.04 | — |
| Q2 2015 | 2015-06-30 | -$0.05 | -$0.06 | — |
| Q1 2015 | 2015-03-31 | -$0.03 | -$0.03 | — |
| Q3 2014 | 2014-09-30 | -$0.01 | -$0.01 | — |
| Q2 2014 | 2014-06-30 | $0.01 | $0.01 | +6545.98% |
| Q1 2014 | 2014-03-31 | $0.00 | $0.00 | — |
| Q3 2013 | 2013-09-30 | $0.00 | $0.00 | — |
| Q2 2013 | 2013-06-30 | $0.00 | $0.00 | +53.73% |
| Q1 2013 | 2013-03-31 | -$0.00 | -$0.00 | — |
| Q3 2012 | 2012-09-30 | -$0.00 | -$0.00 | — |
| Q2 2012 | 2012-06-30 | $0.00 | -$0.00 | −80.50% |
| Q1 2012 | 2012-03-31 | $0.00 | -$0.00 | −86.35% |
| Q3 2011 | 2011-09-30 | $0.00 | $0.00 | +0.80% |
| Q2 2011 | 2011-06-30 | $0.00 | $0.00 | +42.52% |
| Q1 2011 | 2011-03-31 | $0.00 | $0.00 | +41.63% |
| Q3 2010 | 2010-09-30 | $0.00 | -$0.00 | −45.02% |
| Q2 2010 | 2010-06-30 | $0.00 | -$0.00 | −11.97% |
| Q1 2010 | 2010-03-31 | $0.00 | $0.00 | +33.09% |
| Q3 2009 | 2009-09-30 | $0.00 | $0.00 | +43.37% |
| Q2 2009 | 2009-06-30 | $0.00 | $0.00 | +38.45% |
| Q1 2009 | 2009-03-31 | $0.00 | — | — |
| Q3 2008 | 2008-09-30 | $0.00 | — | — |
| Q2 2008 | 2008-06-30 | $0.00 | — | — |
Netflix free cash flow per share trends
Over the last five fiscal years, Netflix's free cash flow per share increased from $0.44 to $2.23, a change of $1.79. The latest reported quarter, Q2 2026, shows $0.36.
What free cash flow per share means
Free cash flow per share estimates the free cash flow generated for each weighted-average common share. It combines operating cash generation, capital spending, and the share base into a per-share measure that can be compared over time.
How free cash flow per share is calculated
TickerStat calculates free cash flow as operating cash flow minus capital expenditures, then divides it by basic weighted-average shares for the aligned fiscal period. Reliable filing-derived share counts are used when a filer omits the direct weighted-average-share fact. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Netflix source filings ↗Community posts
Netflix grows profit faster than sales but flags expense-timing benefits
Netflix ($NFLX) reported quarterly revenue of $12.874 billion, an increase of 11.8%, and operating income of $4.459 billion, up 37%. Operating margin reached 34.6%, compared with 28.2% a year earlier. Net income rose 44% to $3.664 billion, ...