Quick Answer
NETFLIX INC reported R&D Expense of $3.39 billion for fiscal year 2025.
NETFLIX INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $3.39B | +15.9% |
| 2024 | $2.93B | +9.3% |
| 2023 | $2.68B | -1.3% |
| 2022 | $2.71B | +19.2% |
| 2021 | $2.27B | +24.3% |
| 2020 | $1.83B | +181.1% |
| 2015 | $650.79M | +37.8% |
| 2014 | $472.32M | +24.7% |
| 2013 | $378.77M | +15.1% |
| 2012 | $329.01M | +27.0% |
| 2011 | $259.03M | +58.6% |
| 2010 | $163.33M | +42.6% |
| 2009 | $114.54M | +27.4% |
| 2008 | $89.87M | +26.6% |
| 2007 | $70.98M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $853.58M | +16.1% | +3.5% |
| June 30, 2025 | $824.68M | +15.9% | +0.2% |
| March 31, 2025 | $822.82M | +17.1% | +11.9% |
| September 30, 2024 | $735.06M | +11.9% | +3.3% |
| June 30, 2024 | $711.25M | +8.1% | +1.3% |
| March 31, 2024 | $702.47M | +2.2% | +6.9% |
| September 30, 2023 | $657.16M | -0.8% | -0.1% |
| June 30, 2023 | $657.98M | -8.2% | -4.3% |
- NETFLIX INC showed an increase of +15.9% in R&D Expense compared to the prior fiscal year.
- Over the 2007–2025 period, NETFLIX INC’s r&d expense has grown by 4678.0% (from $70.98 million to $3.39 billion).
- The most recent figure is from NETFLIX INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on January 23, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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