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Netflix, Inc. (NFLX)
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Netflix, Inc. (NFLX) Free Cash Flow (FCF): $9.46B

The free cash flow (FCF) for Netflix, Inc. (NFLX) is $9.46B. It is above its 12-month average by 15.50% ($8.19B).

NFLX Free Cash Flow (FCF) Chart

NFLX Free Cash Flow (FCF)
$9.46B+36.68% 1Y
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NFLX Average Free Cash Flow (FCF) Chart

NFLX Current vs Average Free Cash Flow (FCF) Chart

NFLX Free Cash Flow (FCF) Metrics

FREE CASH FLOW (FCF)

$9.46B

FREE CASH FLOW (FCF) AVG TTM

$8.19B

FREE CASH FLOW (FCF) AVG 3Y

$6.23B

FREE CASH FLOW (FCF) AVG 5Y

$4.45B

FREE CASH FLOW (FCF) AVG 10Y

$1.46B

FREE CASH FLOW (FCF) AVG 15Y

$1.02B

FREE CASH FLOW (FCF) AVG 20Y

$804.77M

CURRENT VS TTM AVG

+15.50%

CURRENT VS 3Y AVG

+51.82%

CURRENT VS 5Y AVG

+112.41%

CURRENT VS 10Y AVG

+546.39%

CURRENT VS 15Y AVG

+828.22%

CURRENT VS 20Y AVG

+1075.62%

FCF Analysis

Free Cash Flow (TTM)

$9.46B

FCF Yield

3.40%

Price/FCF

29.4

Formula: FCF = Operating Cash Flow - Capital Expenditures

Why FCF matters:

  • Shows actual cash available (not accounting earnings)
  • Funds dividends, buybacks, and debt reduction
  • Less susceptible to accounting manipulation than net income
  • Key metric for DCF valuation models

Netflix, Inc. Free Cash Flow (FCF) Formula & Definition

Free Cash Flow represents the cash a company generates after accounting for capital expenditures. It's the cash available for dividends, buybacks, debt reduction, or reinvestment.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Netflix, Inc. Free Cash Flow (FCF) FAQ

What is the free cash flow (FCF) for Netflix, Inc. (NFLX)?
The free cash flow (FCF) for NFLX stock is $9.46B.
What is the TTM average free cash flow (FCF) for Netflix, Inc. (NFLX)?
The TTM average free cash flow (FCF) for NFLX stock is $8.19B.
What is the 3Y average free cash flow (FCF) for Netflix, Inc. (NFLX)?
The 3Y average free cash flow (FCF) for NFLX stock is $6.23B.
What is the 5Y average free cash flow (FCF) for Netflix, Inc. (NFLX)?
The 5Y average free cash flow (FCF) for NFLX stock is $4.45B.
What is the 10Y average free cash flow (FCF) for Netflix, Inc. (NFLX)?
The 10Y average free cash flow (FCF) for NFLX stock is $1.46B.
What is the 15Y average free cash flow (FCF) for Netflix, Inc. (NFLX)?
The 15Y average free cash flow (FCF) for NFLX stock is $1.02B.
What is the 20Y average free cash flow (FCF) for Netflix, Inc. (NFLX)?
The 20Y average free cash flow (FCF) for NFLX stock is $804.77M.

Netflix, Inc. Free Cash Flow (FCF) History

DATEFREE CASH FLOW (FCF)
2025-12-31$9.46B
2024-12-31$6.92B
2023-12-31$6.93B
2022-12-31$1.62B
2021-12-31$-131.97M
2020-12-31$1.93B
2019-12-31$-3.14B
2018-12-31$-2.89B
2017-12-31$-2.01B
2016-12-31$-1.66B
2015-12-31$-918.64M
2014-12-31$-128.03M
2013-12-31$-22.24M
2012-12-31$-66.97M
2011-12-31$182.88M
2010-12-31$242.06M
2009-12-31$85.89M
2008-12-31$76.34M
2007-12-31$247.02M
2006-12-31$50.42M
2005-12-31$132.36M
2004-12-31$132.61M
2003-12-31$25.30M
2002-12-31$13.29M
2001-12-31$-7.24M

About Netflix, Inc.

Netflix, Inc. serves as a worldwide entertainment provider. Its comprehensive library features television series, motion pictures, documentaries, and mobile games, spanning numerous genres and languages. Members can effortlessly stream this content through a variety of internet-connected devices, including smart TVs, digital media players, cable boxes, and mobile phones. Furthermore, the company continues to offer a DVD-by-mail subscription service to its customers in the United States. With roughly 222 million paying subscribers distributed across 190 countries, Netflix was founded in 1997 and is headquartered in Los Gatos, California.

Los Gatos, CA
14,000 employees
Communication Services / Entertainment
Sector
Communication Services
Industry
Entertainment
CEO
Theodore A. Sarandos