91/100B62.675
USD
-1.85
(-2.87%)
Post Trading·62.910USD+0.235(+0.37%)
Last updated: · Delayed 15 min
Fair value77.95Plus-20%58Price 62.6897
Q4 FY2026 · Earnings report
EPS estimate 0.68Revenue estimate 13.44B
Q4 FY2026 · Earnings report
EPS estimate 0.68Revenue estimate 13.44B
Netflix total debt 2000–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Netflix's total debt was 15.13B USD on 30 September 2026, up 4.6% on a year before. At the end of fiscal year 2025 it was 14.46B USD.
Last updated 7 Nov 2026 · Next report 19 Jan 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 15.13B | +4.63% | 8.22B | -6.91B | 0.52 |
| FY2025 | 31 Dec 2025 | 14.46B | -19.63% | 9.06B | -5.40B | 0.54 |
| FY2024 | 31 Dec 2024 | 17.99B | +6.02% | 9.58B | -8.41B | 0.73 |
| FY2023 | 31 Dec 2023 | 16.97B | +18.26% | 7.14B | -9.84B | 0.82 |
| FY2022 | 31 Dec 2022 | 14.35B | -20.77% | 6.06B | -8.29B | 0.69 |
| FY2021 | 31 Dec 2021 | 18.12B | -2.13% | 6.03B | -12.09B | 1.14 |
| FY2020 | 31 Dec 2020 | 18.51B | +13.06% | 8.21B | -10.31B | 1.67 |
| FY2019 | 31 Dec 2019 | 16.37B | +58.03% | 5.02B | -11.35B | 2.16 |
| FY2018 | 31 Dec 2018 | 10.36B | +59.40% | 3.79B | -6.57B | 1.98 |
| FY2017 | 31 Dec 2017 | 6.50B | +93.19% | 2.82B | -3.68B | 1.81 |
| FY2016 | 31 Dec 2016 | 3.36B | +41.87% | 1.73B | -1.63B | 1.26 |
| FY2015 | 31 Dec 2015 | 2.37B | +167.69% | 2.31B | -60.65M | 1.07 |
| FY2014 | 31 Dec 2014 | 885.85M | +77.17% | 1.61B | 722.65M | 0.48 |
| FY2013 | 31 Dec 2013 | 500.00M | +25.00% | 1.20B | 700.41M | 0.37 |
| FY2012 | 31 Dec 2012 | 400.00M | -0.58% | 748.08M | 348.08M | 0.54 |
| FY2011 | 31 Dec 2011 | 402.32M | +70.33% | 797.81M | 395.49M | 0.63 |
| FY2010 | 31 Dec 2010 | 236.21M | -0.75% | 350.39M | 114.18M | 0.81 |
| FY2009 | 31 Dec 2009 | 237.98M | +490.64% | 320.24M | 82.26M | 1.20 |
| FY2008 | 31 Dec 2008 | 40.29M | +10.46% | 297.27M | 256.98M | 0.12 |
| FY2007 | 31 Dec 2007 | 36.48M | — | 385.14M | 348.67M | 0.08 |
| FY2006 | 31 Dec 2006 | 0.00 | — | 400.43M | 400.43M | 0.00 |
| FY2005 | 31 Dec 2005 | 0.00 | -100.00% | 212.26M | 212.26M | 0.00 |
| FY2004 | 31 Dec 2004 | 68.00K | -85.22% | 174.46M | 174.39M | 0.00 |
| FY2003 | 31 Dec 2003 | 460.00K | -72.80% | 135.19M | 134.73M | 0.00 |
| FY2002 | 31 Dec 2002 | 1.69M | -75.38% | 103.61M | 101.92M | 0.02 |
| FY2001 | 31 Dec 2001 | 6.87M | +239.33% | 16.13M | 9.26M | — |
| FY2000 | 31 Dec 2000 | 2.02M | — | 14.90M | 12.87M | — |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 15.13B | +4.63% | 8.22B | -6.91B | 0.52 |
| Q2 FY2026 | 30 Jun 2026 | 14.31B | -1.00% | 9.13B | -5.18B | 0.47 |
| Q1 FY2026 | 31 Mar 2026 | 14.36B | -17.58% | 12.29B | -2.07B | 0.46 |
| Q4 FY2025 | 31 Dec 2025 | 14.46B | -19.63% | 9.06B | -5.40B | 0.54 |
| Q3 FY2025 | 30 Sept 2025 | 14.46B | -21.86% | 9.32B | -5.14B | 0.56 |
| Q2 FY2025 | 30 Jun 2025 | 14.45B | -12.53% | 8.39B | -6.06B | 0.58 |
| Q1 FY2025 | 31 Mar 2025 | 17.42B | +5.52% | 8.37B | -9.05B | 0.73 |
| Q4 FY2024 | 31 Dec 2024 | 17.99B | +6.02% | 9.58B | -8.41B | 0.73 |
| Q3 FY2024 | 30 Sept 2024 | 18.51B | +10.41% | 9.22B | -9.28B | 0.81 |
| Q2 FY2024 | 30 Jun 2024 | 16.52B | -2.76% | 6.66B | -9.87B | 0.75 |
| Q1 FY2024 | 31 Mar 2024 | 16.51B | -2.62% | 7.05B | -9.47B | 0.77 |
| Q4 FY2023 | 31 Dec 2023 | 16.97B | +0.25% | 7.14B | -9.84B | 0.82 |
| Q3 FY2023 | 30 Sept 2023 | 16.76B | +2.02% | 7.87B | -8.90B | 0.76 |
| Q2 FY2023 | 30 Jun 2023 | 16.99B | +0.50% | 8.58B | -8.42B | 0.74 |
| Q1 FY2023 | 31 Mar 2023 | 16.96B | -1.99% | 7.83B | -9.13B | 0.78 |
| Q4 FY2022 | 31 Dec 2022 | 16.93B | -6.54% | 6.06B | -10.87B | 0.81 |
| Q3 FY2022 | 30 Sept 2022 | 16.43B | -8.74% | 6.11B | -10.32B | 0.80 |
| Q2 FY2022 | 30 Jun 2022 | 16.91B | -5.76% | 5.82B | -11.09B | 0.89 |
| Q1 FY2022 | 31 Mar 2022 | 17.30B | -2.48% | 6.01B | -11.29B | 0.99 |
| Q4 FY2021 | 31 Dec 2021 | 18.12B | -2.13% | 6.03B | -12.09B | 1.14 |
| Q3 FY2021 | 30 Sept 2021 | 18.01B | -0.72% | 7.53B | -10.48B | 1.18 |
| Q2 FY2021 | 30 Jun 2021 | 17.94B | +1.33% | 7.78B | -10.17B | 1.29 |
| Q1 FY2021 | 31 Mar 2021 | 17.74B | +9.06% | 8.40B | -9.34B | 1.38 |
| Q4 FY2020 | 31 Dec 2020 | 18.51B | +13.06% | 8.21B | -10.31B | 1.67 |
| Q3 FY2020 | 30 Sept 2020 | 18.14B | +33.96% | 8.39B | -9.74B | 1.76 |
| Q2 FY2020 | 30 Jun 2020 | 17.71B | +29.46% | 7.15B | -10.55B | 1.90 |
| Q1 FY2020 | 31 Mar 2020 | 16.27B | +45.32% | 5.15B | -11.11B | 1.93 |
| Q4 FY2019 | 31 Dec 2019 | 16.37B | +58.03% | 5.02B | -11.35B | 2.16 |
| Q3 FY2019 | 30 Sept 2019 | 13.54B | +62.41% | 4.44B | -9.10B | 1.97 |
| Q2 FY2019 | 30 Jun 2019 | 13.68B | +63.97% | 5.00B | -8.67B | 2.24 |
| Q1 FY2019 | 31 Mar 2019 | 11.19B | +71.08% | 3.35B | -7.84B | 1.96 |
| Q4 FY2018 | 31 Dec 2018 | 10.36B | +59.40% | 3.79B | -6.57B | 1.98 |
| Q3 FY2018 | 30 Sept 2018 | 8.34B | +70.52% | 3.07B | -5.27B | 1.66 |
| Q2 FY2018 | 30 Jun 2018 | 8.34B | +72.48% | 3.91B | -4.44B | 1.86 |
| Q1 FY2018 | 31 Mar 2018 | 6.54B | +93.37% | 2.59B | -3.95B | 1.63 |
| Q4 FY2017 | 31 Dec 2017 | 6.50B | +93.19% | 2.82B | -3.68B | 1.81 |
| Q3 FY2017 | 30 Sept 2017 | 4.89B | +105.93% | 1.75B | -3.14B | 1.47 |
| Q2 FY2017 | 30 Jun 2017 | 4.84B | +103.81% | 2.16B | -2.67B | 1.55 |
| Q1 FY2017 | 31 Mar 2017 | 3.38B | +42.62% | 1.34B | -2.04B | 1.14 |
| Q4 FY2016 | 31 Dec 2016 | 3.36B | +41.87% | 1.73B | -1.63B | 1.26 |
| Q3 FY2016 | 30 Sept 2016 | 2.37B | -1.98% | 1.34B | -1.03B | 0.94 |
| Q2 FY2016 | 30 Jun 2016 | 2.37B | -1.45% | 1.83B | -538.86M | 0.98 |
| Q1 FY2016 | 31 Mar 2016 | 2.37B | -1.53% | 2.07B | -299.75M | 1.02 |
| Q4 FY2015 | 31 Dec 2015 | 2.37B | +167.69% | 2.31B | -60.65M | 1.07 |
| Q3 FY2015 | 30 Sept 2015 | 2.42B | +166.10% | 2.61B | 187.84M | 1.12 |
| Q2 FY2015 | 30 Jun 2015 | 2.41B | +164.36% | 2.80B | 388.66M | 1.19 |
| Q1 FY2015 | 31 Mar 2015 | 2.41B | +164.35% | 2.96B | 548.71M | 1.26 |
| Q4 FY2014 | 31 Dec 2014 | 885.85M | +77.17% | 1.61B | 722.65M | 0.48 |
| Q3 FY2014 | 30 Sept 2014 | 910.10M | +77.48% | 1.67B | 756.72M | 0.53 |
| Q2 FY2014 | 30 Jun 2014 | 910.90M | +61.68% | 1.71B | 803.47M | 0.57 |
| Q1 FY2014 | 31 Mar 2014 | 911.30M | +30.19% | 1.67B | 756.94M | 0.62 |
| Q4 FY2013 | 31 Dec 2013 | 500.00M | +25.00% | 1.20B | 700.41M | 0.37 |
| Q3 FY2013 | 30 Sept 2013 | 512.80M | +28.20% | 1.13B | 622.19M | 0.43 |
| Q2 FY2013 | 30 Jun 2013 | 563.40M | +40.85% | 1.08B | 516.71M | 0.51 |
| Q1 FY2013 | 31 Mar 2013 | 700.00M | +75.00% | 1.03B | 325.87M | 0.86 |
| Q4 FY2012 | 31 Dec 2012 | 400.00M | -0.58% | 748.08M | 348.08M | 0.54 |
| Q3 FY2012 | 30 Sept 2012 | 400.00M | +70.46% | 798.36M | 398.36M | 0.56 |
| Q2 FY2012 | 30 Jun 2012 | 400.00M | +70.08% | 813.34M | 413.34M | 0.58 |
| Q1 FY2012 | 31 Mar 2012 | 400.00M | +69.70% | 804.53M | 404.53M | 0.60 |
| Q4 FY2011 | 31 Dec 2011 | 402.32M | +70.33% | 797.81M | 395.49M | 0.63 |
| Q3 FY2011 | 30 Sept 2011 | 234.66M | -0.86% | 365.77M | 131.11M | 0.60 |
| Q2 FY2011 | 30 Jun 2011 | 235.19M | -0.83% | 376.41M | 141.22M | 0.70 |
| Q1 FY2011 | 31 Mar 2011 | 235.71M | -0.81% | 342.72M | 107.02M | 0.85 |
| Q4 FY2010 | 31 Dec 2010 | 236.21M | -0.75% | 350.39M | 114.18M | 0.81 |
| Q3 FY2010 | 30 Sept 2010 | 236.69M | +518.27% | 256.81M | 20.13M | 1.23 |
| Q2 FY2010 | 30 Jun 2010 | 237.16M | +514.78% | 279.09M | 41.93M | 1.34 |
| Q1 FY2010 | 31 Mar 2010 | 237.62M | +511.31% | 266.33M | 28.71M | 1.62 |
| Q4 FY2009 | 31 Dec 2009 | 237.98M | +490.64% | 320.24M | 82.26M | 1.20 |
| Q3 FY2009 | 30 Sept 2009 | 38.28M | -2.78% | 155.46M | 117.18M | 0.16 |
| Q2 FY2009 | 30 Jun 2009 | 38.58M | -2.61% | 254.97M | 216.39M | 0.12 |
| Q1 FY2009 | 31 Mar 2009 | 38.87M | — | 286.49M | 247.62M | 0.11 |
| Q4 FY2008 | 31 Dec 2008 | 40.29M | +10.46% | 297.27M | 256.98M | 0.12 |
| Q3 FY2008 | 30 Sept 2008 | 39.38M | — | 250.83M | 211.45M | 0.12 |
| Q2 FY2008 | 30 Jun 2008 | 39.61M | — | 313.46M | 273.85M | 0.10 |
| Q1 FY2008 | 31 Mar 2008 | 0.00 | — | 295.50M | 295.50M | 0.00 |
| Q4 FY2007 | 31 Dec 2007 | 36.48M | — | 385.14M | 348.67M | 0.08 |
| Q3 FY2007 | 30 Sept 2007 | 0.00 | — | 386.18M | 386.18M | 0.00 |
| Q2 FY2007 | 30 Jun 2007 | 0.00 | — | 377.95M | 377.95M | 0.00 |
| Q1 FY2007 | 31 Mar 2007 | 0.00 | — | 387.98M | 387.98M | 0.00 |
| Q4 FY2006 | 31 Dec 2006 | 0.00 | — | 400.43M | 400.43M | 0.00 |
| Q3 FY2006 | 30 Sept 2006 | 0.00 | — | 368.74M | 368.74M | 0.00 |
| Q2 FY2006 | 30 Jun 2006 | 0.00 | — | 341.70M | 341.70M | 0.00 |
| Q1 FY2006 | 31 Mar 2006 | 0.00 | — | 227.77M | 227.77M | 0.00 |
| Q4 FY2005 | 31 Dec 2005 | 0.00 | -100.00% | 212.26M | 212.26M | 0.00 |
| Q3 FY2005 | 30 Sept 2005 | 0.00 | -100.00% | 181.89M | 181.89M | 0.00 |
| Q2 FY2005 | 30 Jun 2005 | 0.00 | -100.00% | 170.97M | 170.97M | 0.00 |
| Q1 FY2005 | 31 Mar 2005 | 0.00 | -100.00% | 165.82M | 165.82M | 0.00 |
| Q4 FY2004 | 31 Dec 2004 | 68.00K | -85.22% | 174.46M | 174.39M | 0.00 |
| Q3 FY2004 | 30 Sept 2004 | 164.00K | -70.50% | 167.81M | 167.65M | 0.00 |
| Q2 FY2004 | 30 Jun 2004 | 253.00K | -76.81% | 153.44M | 153.19M | 0.00 |
| Q1 FY2004 | 31 Mar 2004 | 360.00K | -72.64% | 146.20M | 145.84M | 0.00 |
| Q4 FY2003 | 31 Dec 2003 | 460.00K | -72.80% | 135.19M | 134.73M | 0.00 |
| Q3 FY2003 | 30 Sept 2003 | 556.00K | -70.36% | 124.41M | 123.85M | 0.01 |
| Q2 FY2003 | 30 Jun 2003 | 1.09M | -59.21% | 116.33M | 115.23M | 0.01 |
| Q1 FY2003 | 31 Mar 2003 | 1.32M | -80.04% | 110.33M | 109.02M | 0.01 |
| Q4 FY2002 | 31 Dec 2002 | 1.69M | — | 103.61M | 101.92M | 0.02 |
| Q3 FY2002 | 30 Sept 2002 | 1.88M | — | 97.54M | 95.66M | 0.02 |
| Q2 FY2002 | 30 Jun 2002 | 2.68M | — | 91.80M | 89.12M | 0.03 |
| Q1 FY2002 | 31 Mar 2002 | 6.59M | — | 15.67M | 9.08M | — |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Netflix's debt
Source: Financial Modeling PrepVerified against SEC filings