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NETFLIX INC Cost of Revenue 2007-2026 | NFLX

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What is cost of revenue?

Cost of revenue includes the direct costs attributable to producing goods or delivering services sold by the company.

What is NETFLIX INC's current cost of revenue?

NETFLIX INC (NFLX) annual cost of revenue for 2025 was $23.28B, a 10.63% increase from 2024. NETFLIX INC cost of revenue for the quarter ending March 31, 2026 was $5.89B.

What was NETFLIX INC's cost of revenue in 2024?

NETFLIX INC annual cost of revenue for 2024 was $21.04B, a 6.71% increase from 2023.

What was NETFLIX INC's cost of revenue in 2023?

NETFLIX INC annual cost of revenue for 2023 was $19.72B, a 2.85% increase from 2022.

What is NETFLIX INC's 5-year cost of revenue CAGR?

NETFLIX INC cost of revenue grew at a compound annual growth rate (CAGR) of 8.79% from FY2020 to FY2025, going from $15.28B to $23.28B over 5 years.

Cost of Revenue History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+8.8%
FY2020
$15.28B
FY2025
$23.28B
07080910111213141516171819202122232425
5 years selected
Cost of Revenue History
PeriodValueChangeSource
FY2025$23.28B+10.6%10-K
FY2024$21.04B+6.7%10-K
FY2023$19.72B+2.9%10-K
FY2022$19.17B+10.6%10-K
FY2021$17.33B+13.5%10-K
FY2020$15.28B+22.8%10-K
FY2019$12.44B+24.8%10-K
FY2018$9.97B+24.1%10-K
FY2017$8.03B+28.4%10-K
FY2016$6.26B+36.3%10-K
FY2015$4.59B+22.3%10-K
FY2014$3.75B+20.4%10-K
FY2013$3.12B+17.5%10-K
FY2012$2.65B+30.0%10-K
FY2011$2.04B+50.3%10-K
FY2010$1.36B+25.8%10-K
FY2009$1.08B+18.6%10-K
FY2008$910.2M+15.8%10-K
FY2007$786.2M-10-K
Company: NETFLIX INCTicker: NFLXSector: OtherIndustry: Services-Video Tape RentalView company profile →