stockrowNetflix, Inc.
NFLX Communication Services Entertainment
Netflix, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $45.2 billion, up 15.9% from fiscal 2024.
- Revenue
- +11.9%
- EPS
- +48.3%
- Free cash flow
- +8.38%
- Total debt
- −12.5%
Quarter to September 2026, against a year earlier
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Netflix, Inc. (NFLX) Free cash flow
Netflix, Inc.'s free cash flow for fiscal 2025 was $9.5B, up 36.7% from $6.9B in fiscal 2024. Over the twelve months to 30 September 2026 it was $11.4B. Over the past ten years it has ranged from −$3.1B (fiscal 2019) to $9.5B (fiscal 2025) — the current reading is the highest in ten years. Netflix, Inc. ranks 1st of 46 Entertainment companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $9.5B | 36.68% |
| FY2024 | $6.9B | (0.06%) |
| FY2023 | $6.9B | 327.90% |
| FY2022 | $1.6B | — |
| FY2021 | −$920.3M | — |
| FY2020 | $1.9B | — |
| FY2019 | −$3.1B | — |
| FY2018 | −$2.9B | — |
| FY2017 | −$2.0B | — |
| FY2016 | −$1.7B | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $2.9B | 89.06% |
| Jun 2026 | $1.5B | (70.06%) |
| Mar 2026 | $5.1B | 172.08% |
| Dec 2025 | $1.9B | (29.62%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| NFLX Netflix, Inc. | $11.4B |
| DIS The Walt Disney Company compare | $8.3B |
| FOXA Fox Corporation compare | $2.2B |
| FOX Fox Corporation compare | $2.2B |
| TKO TKO Group Holdings, Inc. compare | $1.7B |
| LYV Live Nation Entertainment, Inc. compare | $913.8M |
| FWONK Liberty Media Corporation - Liberty Formula One Series C compare | $672.0M |
| FWONA Liberty Media Corporation - Liberty Formula One Series A compare | $672.0M |
| SKYD Skydance Corporation compare | $470.0M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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