Netflix annual operating expenses
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Netflix Operating Expenses Growth & History (NFLX)
Netflix's operating expenses was $8.58B for fiscal 2025.
View full Netflix company overviewNetflix annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $8.58B | $1.04B | +13.73% |
| 2024 | 2024-12-31 | $7.54B | $491.0M | +6.96% |
| 2023 | 2023-12-31 | $7.05B | $239.5M | +3.51% |
| 2022 | 2022-12-31 | $6.81B | $643.8M | +10.43% |
| 2021 | 2021-12-31 | $6.17B | $1.04B | +20.18% |
| 2020 | 2020-12-31 | $5.13B | $22.5M | +0.44% |
| 2019 | 2019-12-31 | $5.11B | $890.4M | +21.09% |
| 2018 | 2018-12-31 | $4.22B | $1.40B | +49.65% |
| 2017 | 2017-12-31 | $2.82B | $627.6M | +28.61% |
| 2016 | 2016-12-31 | $2.19B | $311.2M | +16.53% |
| 2015 | 2015-12-31 | $1.88B | $533.0M | +39.50% |
| 2014 | 2014-12-31 | $1.35B | $320.2M | +31.12% |
| 2013 | 2013-12-31 | $1.03B | $121.8M | +13.42% |
| 2012 | 2012-12-31 | $907.2M | $118.6M | +15.04% |
| 2011 | 2011-12-31 | $788.6M | $267.0M | +51.18% |
| 2010 | 2010-12-31 | $521.6M | $122.6M | +30.71% |
| 2009 | 2009-12-31 | $399.1M | $66.1M | +19.87% |
| 2008 | 2008-12-31 | $332.9M | $5.5M | +1.69% |
| 2007 | 2007-12-31 | $327.4M | — | — |
Netflix quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.33B | $351.2M | +17.74% |
| Q1 2026 | 2026-03-31 | $2.40B | $471.9M | +24.42% |
| Q4 2025 | 2025-12-31 | $2.57B | $365.1M | +16.55% |
| Q3 2025 | 2025-09-30 | $2.10B | $302.5M | +16.85% |
| Q2 2025 | 2025-06-30 | $1.98B | $196.8M | +11.04% |
| Q1 2025 | 2025-03-31 | $1.93B | $171.8M | +9.76% |
| Q4 2024 | 2024-12-31 | $2.21B | $177.2M | +8.73% |
| Q3 2024 | 2024-09-30 | $1.80B | $100.9M | +5.95% |
| Q2 2024 | 2024-06-30 | $1.78B | $95.7M | +5.67% |
| Q1 2024 | 2024-03-31 | $1.76B | $117.3M | +7.14% |
| Q4 2023 | 2023-12-31 | $2.03B | $131.2M | +6.91% |
| Q3 2023 | 2023-09-30 | $1.69B | $90.6M | +5.65% |
| Q2 2023 | 2023-06-30 | $1.69B | −$14.5M | −0.85% |
| Q1 2023 | 2023-03-31 | $1.64B | $32.1M | +1.99% |
| Q4 2022 | 2022-12-31 | $1.90B | $60.0M | +3.27% |
| Q3 2022 | 2022-09-30 | $1.60B | $82.3M | +5.41% |
| Q2 2022 | 2022-06-30 | $1.70B | $225.0M | +15.24% |
| Q1 2022 | 2022-03-31 | $1.61B | $276.5M | +20.71% |
| Q4 2021 | 2021-12-31 | $1.84B | $312.9M | +20.52% |
| Q3 2021 | 2021-09-30 | $1.52B | $268.6M | +21.44% |
| Q2 2021 | 2021-06-30 | $1.48B | $329.5M | +28.73% |
| Q1 2021 | 2021-03-31 | $1.33B | $125.2M | +10.35% |
| Q4 2020 | 2020-12-31 | $1.53B | −$17.9M | −1.16% |
| Q3 2020 | 2020-09-30 | $1.25B | $86.3M | +7.39% |
| Q2 2020 | 2020-06-30 | $1.15B | −$64.4M | −5.32% |
| Q1 2020 | 2020-03-31 | $1.21B | $18.4M | +1.55% |
| Q4 2019 | 2019-12-31 | $1.54B | $305.2M | +24.66% |
| Q3 2019 | 2019-09-30 | $1.17B | $179.2M | +18.14% |
| Q2 2019 | 2019-06-30 | $1.21B | $168.4M | +16.15% |
| Q1 2019 | 2019-03-31 | $1.19B | $237.6M | +24.91% |
| Q4 2018 | 2018-12-31 | $1.24B | $411.6M | +49.82% |
| Q3 2018 | 2018-09-30 | $987.6M | $297.6M | +43.13% |
| Q2 2018 | 2018-06-30 | $1.04B | $376.7M | +56.56% |
| Q1 2018 | 2018-03-31 | $953.7M | $314.7M | +49.26% |
| Q4 2017 | 2017-12-31 | $826.1M | $156.9M | +23.45% |
| Q3 2017 | 2017-09-30 | $690.0M | $38.7M | +5.94% |
| Q2 2017 | 2017-06-30 | $666.0M | $104.2M | +18.55% |
| Q1 2017 | 2017-03-31 | $639.0M | $100.2M | +18.60% |
| Q4 2016 | 2016-12-31 | $669.2M | $155.1M | +30.17% |
| Q3 2016 | 2016-09-30 | $651.3M | $160.6M | +32.72% |
| Q2 2016 | 2016-06-30 | $561.7M | $113.6M | +25.36% |
| Q1 2016 | 2016-03-31 | $538.7M | $109.5M | +25.50% |
| Q4 2015 | 2015-12-31 | $514.1M | $108.7M | +26.82% |
| Q3 2015 | 2015-09-30 | $490.8M | $146.1M | +42.40% |
| Q2 2015 | 2015-06-30 | $448.1M | $152.1M | +51.41% |
| Q1 2015 | 2015-03-31 | $429.3M | $126.0M | +41.53% |
| Q4 2014 | 2014-12-31 | $405.4M | $133.1M | +48.88% |
| Q3 2014 | 2014-09-30 | $344.6M | $94.7M | +37.86% |
| Q2 2014 | 2014-06-30 | $296.0M | $44.4M | +17.64% |
| Q1 2014 | 2014-03-31 | $303.3M | $48.1M | +18.86% |
| Q4 2013 | 2013-12-31 | $272.3M | $68.7M | +33.76% |
| Q3 2013 | 2013-09-30 | $250.0M | $23.7M | +10.46% |
| Q2 2013 | 2013-06-30 | $251.6M | $22.0M | +9.58% |
| Q1 2013 | 2013-03-31 | $255.2M | $7.4M | +2.98% |
| Q4 2012 | 2012-12-31 | $203.5M | −$35.0M | −14.67% |
| Q3 2012 | 2012-09-30 | $226.3M | $37.9M | +20.14% |
| Q2 2012 | 2012-06-30 | $229.6M | $46.1M | +25.10% |
| Q1 2012 | 2012-03-31 | $247.8M | $69.6M | +39.08% |
| Q4 2011 | 2011-12-31 | $238.5M | $111.9M | +88.31% |
| Q3 2011 | 2011-09-30 | $188.4M | $49.1M | +35.28% |
| Q2 2011 | 2011-06-30 | $183.5M | $56.0M | +43.89% |
| Q1 2011 | 2011-03-31 | $178.2M | $50.0M | +39.02% |
| Q4 2010 | 2010-12-31 | $126.7M | $11.0M | +9.48% |
| Q3 2010 | 2010-09-30 | $139.2M | $40.7M | +41.36% |
| Q2 2010 | 2010-06-30 | $127.5M | $41.1M | +47.48% |
| Q1 2010 | 2010-03-31 | $128.2M | $29.8M | +30.30% |
| Q4 2009 | 2009-12-31 | $115.7M | — | — |
| Q3 2009 | 2009-09-30 | $98.5M | $15.8M | +19.12% |
| Q2 2009 | 2009-06-30 | $86.5M | $13.2M | +17.94% |
| Q1 2009 | 2009-03-31 | $98.4M | — | — |
| Q3 2008 | 2008-09-30 | $82.7M | — | — |
| Q2 2008 | 2008-06-30 | $73.3M | — | — |
Netflix operating expenses trends
Over the last five fiscal years, Netflix's operating expenses increased from $5.13B to $8.58B, a change of $3.45B. The latest reported quarter, Q2 2026, shows $2.33B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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