Netflix annual r&d spending
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Netflix R&D Spending Growth & History (NFLX)
Netflix's r&d spending was $3.39B for fiscal 2025.
View full Netflix company overviewNetflix annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.39B | $466.1M | +15.93% |
| 2024 | 2024-12-31 | $2.93B | $249.5M | +9.33% |
| 2023 | 2023-12-31 | $2.68B | −$35.3M | −1.30% |
| 2022 | 2022-12-31 | $2.71B | $437.2M | +19.23% |
| 2021 | 2021-12-31 | $2.27B | $444.3M | +24.28% |
| 2020 | 2020-12-31 | $1.83B | $156.6M | +9.36% |
| 2019 | 2019-12-31 | $1.67B | $455.0M | +37.36% |
| 2018 | 2018-12-31 | $1.22B | $237.0M | +24.16% |
| 2017 | 2017-12-31 | $981.0M | $213.0M | +27.73% |
| 2016 | 2016-12-31 | $768.0M | $198.0M | +34.74% |
| 2015 | 2015-12-31 | $570.0M | $171.8M | +43.14% |
| 2014 | 2014-12-31 | $398.2M | $19.4M | +5.13% |
| 2013 | 2013-12-31 | $378.8M | $49.8M | +15.12% |
| 2012 | 2012-12-31 | $329.0M | $70.0M | +27.01% |
| 2011 | 2011-12-31 | $259.0M | $95.7M | +58.60% |
| 2010 | 2010-12-31 | $163.3M | $48.8M | +42.59% |
| 2009 | 2009-12-31 | $114.5M | $24.7M | +27.45% |
| 2008 | 2008-12-31 | $89.9M | $18.9M | +26.62% |
| 2007 | 2007-12-31 | $71.0M | — | — |
Netflix quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.01B | $183.0M | +22.19% |
| Q1 2026 | 2026-03-31 | $959.7M | $136.9M | +16.63% |
| Q4 2025 | 2025-12-31 | $890.3M | $113.8M | +14.65% |
| Q3 2025 | 2025-09-30 | $853.6M | $118.5M | +16.12% |
| Q2 2025 | 2025-06-30 | $824.7M | $113.4M | +15.95% |
| Q1 2025 | 2025-03-31 | $822.8M | $120.3M | +17.13% |
| Q4 2024 | 2024-12-31 | $776.5M | $103.2M | +15.32% |
| Q3 2024 | 2024-09-30 | $735.1M | $77.9M | +11.85% |
| Q2 2024 | 2024-06-30 | $711.3M | $53.3M | +8.10% |
| Q1 2024 | 2024-03-31 | $702.5M | $15.2M | +2.21% |
| Q4 2023 | 2023-12-31 | $673.3M | −$585,000 | −0.09% |
| Q3 2023 | 2023-09-30 | $657.2M | −$5.6M | −0.84% |
| Q2 2023 | 2023-06-30 | $658.0M | −$58.9M | −8.21% |
| Q1 2023 | 2023-03-31 | $687.3M | $29.7M | +4.52% |
| Q4 2022 | 2022-12-31 | $673.9M | $26.5M | +4.09% |
| Q3 2022 | 2022-09-30 | $662.7M | $98.9M | +17.53% |
| Q2 2022 | 2022-06-30 | $716.8M | $179.5M | +33.41% |
| Q1 2022 | 2022-03-31 | $657.5M | $132.3M | +25.19% |
| Q4 2021 | 2021-12-31 | $647.5M | $160.5M | +32.97% |
| Q3 2021 | 2021-09-30 | $563.9M | $110.1M | +24.26% |
| Q2 2021 | 2021-06-30 | $537.3M | $102.3M | +23.51% |
| Q1 2021 | 2021-03-31 | $525.2M | $71.4M | +15.73% |
| Q4 2020 | 2020-12-31 | $486.9M | −$50.3M | −9.36% |
| Q3 2020 | 2020-09-30 | $453.8M | $74.0M | +19.49% |
| Q2 2020 | 2020-06-30 | $435.0M | $51.8M | +13.52% |
| Q1 2020 | 2020-03-31 | $453.8M | $81.1M | +21.74% |
| Q4 2019 | 2019-12-31 | $537.2M | $209.3M | +63.80% |
| Q3 2019 | 2019-09-30 | $379.8M | $71.2M | +23.06% |
| Q2 2019 | 2019-06-30 | $383.2M | $84.1M | +28.13% |
| Q1 2019 | 2019-03-31 | $372.8M | $90.5M | +32.04% |
| Q4 2018 | 2018-12-31 | $328.0M | $126.4M | +62.71% |
| Q3 2018 | 2018-09-30 | $308.6M | $53.4M | +20.92% |
| Q2 2018 | 2018-06-30 | $299.1M | $32.0M | +11.99% |
| Q1 2018 | 2018-03-31 | $282.3M | $25.2M | +9.80% |
| Q4 2017 | 2017-12-31 | $201.6M | $60.5M | +42.87% |
| Q3 2017 | 2017-09-30 | $255.2M | $39.1M | +18.11% |
| Q2 2017 | 2017-06-30 | $267.1M | $59.8M | +28.84% |
| Q1 2017 | 2017-03-31 | $257.1M | $53.6M | +26.34% |
| Q4 2016 | 2016-12-31 | $141.1M | $41.0M | +40.99% |
| Q3 2016 | 2016-09-30 | $216.1M | $44.3M | +25.81% |
| Q2 2016 | 2016-06-30 | $207.3M | $52.2M | +33.69% |
| Q1 2016 | 2016-03-31 | $203.5M | $60.4M | +42.21% |
| Q4 2015 | 2015-12-31 | $100.1M | $48.3M | +93.36% |
| Q3 2015 | 2015-09-30 | $171.8M | $50.8M | +42.01% |
| Q2 2015 | 2015-06-30 | $155.1M | $39.9M | +34.62% |
| Q1 2015 | 2015-03-31 | $143.1M | $32.8M | +29.73% |
| Q4 2014 | 2014-12-31 | $51.8M | −$46.4M | −47.26% |
| Q3 2014 | 2014-09-30 | $121.0M | $25.4M | +26.60% |
| Q2 2014 | 2014-06-30 | $115.2M | $22.1M | +23.68% |
| Q1 2014 | 2014-03-31 | $110.3M | $18.3M | +19.93% |
| Q4 2013 | 2013-12-31 | $98.1M | $16.0M | +19.47% |
| Q3 2013 | 2013-09-30 | $95.5M | $13.0M | +15.78% |
| Q2 2013 | 2013-06-30 | $93.1M | $11.6M | +14.20% |
| Q1 2013 | 2013-03-31 | $92.0M | $9.2M | +11.08% |
| Q4 2012 | 2012-12-31 | $82.1M | $1.4M | +1.68% |
| Q3 2012 | 2012-09-30 | $82.5M | $13.0M | +18.77% |
| Q2 2012 | 2012-06-30 | $81.5M | $23.7M | +40.93% |
| Q1 2012 | 2012-03-31 | $82.8M | $31.9M | +62.66% |
| Q4 2011 | 2011-12-31 | $80.8M | $34.8M | +75.77% |
| Q3 2011 | 2011-09-30 | $69.5M | $27.4M | +65.00% |
| Q2 2011 | 2011-06-30 | $57.9M | $20.0M | +52.83% |
| Q1 2011 | 2011-03-31 | $50.9M | $13.5M | +36.11% |
| Q4 2010 | 2010-12-31 | $46.0M | $12.8M | +38.39% |
| Q3 2010 | 2010-09-30 | $42.1M | $12.1M | +40.29% |
| Q2 2010 | 2010-06-30 | $37.9M | $10.7M | +39.62% |
| Q1 2010 | 2010-03-31 | $37.4M | $13.2M | +54.54% |
| Q4 2009 | 2009-12-31 | $33.2M | — | — |
| Q3 2009 | 2009-09-30 | $30.0M | $6.6M | +28.44% |
| Q2 2009 | 2009-06-30 | $27.1M | $4.9M | +22.23% |
| Q1 2009 | 2009-03-31 | $24.2M | — | — |
| Q3 2008 | 2008-09-30 | $23.4M | — | — |
| Q2 2008 | 2008-06-30 | $22.2M | — | — |
Netflix r&d spending trends
Over the last five fiscal years, Netflix's r&d spending increased from $1.83B to $3.39B, a change of $1.56B. The latest reported quarter, Q2 2026, shows $1.01B.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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