Netflix Inc.
Netflix Inc. Total Operating Expense
  • Netflix Inc. annual total operating expense was $26.77 Billion in fiscal year 2023. The annual total operating expense Increased $786.58 Million from $25.98 Billion (in 2022) to $26.77 Billion (in 2023).
    This Increased represents a total operating expense growth of +3.03% Billion year over year.


  • Netflix Inc. quarterly total operating expense was $6.74 Billion in the quarter ending in Mar 2024.
    The quarterly total operating expense Increased $290.72 Million from $6.45 Billion (in Mar 2023) to $6.74 Billion (in Mar 2024).
    This Increased represents a total operating expense growth of +4.51% year over year.


  • In the last 5 years from 2019 to 2023 :
    • Highest total operating expense of Netflix Inc. was $26.77 Billion in fiscal year 2023.
    • Lowest total operating expense of Netflix Inc. was $17.55 Billion in fiscal year 2019.
    • Average total operating expense of Netflix Inc. was $22.84 Billion.


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  • Definition of Total Operating Expense :
    The expenses incurred to by a business for running its day-to-day operations are called Operating Expense. For more details on total operating expense, examples and formulas, refer to our glossary.
Netflix Inc.: Total Operating Expense
Netflix Inc. : Total Operating Expense Details
2023

Netflix Inc. annual total operating expense was $26.77 Billion in fiscal year 2023.
Netflix Inc. quarterly total operating expense was $6.45 Billion (Mar) , $6.36 Billion (Jun) , $6.63 Billion (Sep) , and $7.34 Billion (Dec) in fiscal year 2023.

2022

Netflix Inc. annual total operating expense was $25.98 Billion in fiscal year 2022.
Netflix Inc. quarterly total operating expense was $5.90 Billion (Mar) , $6.39 Billion (Jun) , $6.39 Billion (Sep) , and $7.30 Billion (Dec) in fiscal year 2022.

2021

Netflix Inc. annual total operating expense was $23.50 Billion in fiscal year 2021.
Netflix Inc. quarterly total operating expense was $5.20 Billion (Mar) , $5.49 Billion (Jun) , $5.73 Billion (Sep) , and $7.08 Billion (Dec) in fiscal year 2021.

2020

Netflix Inc. annual total operating expense was $20.41 Billion in fiscal year 2020.
Netflix Inc. quarterly total operating expense was $4.81 Billion (Mar) , $4.79 Billion (Jun) , $5.12 Billion (Sep) , and $5.69 Billion (Dec) in fiscal year 2020.

Netflix Inc. : Total Operating Expense (year over year growth)
Netflix Inc. : Total Operating Expense (Year Over Year Growth) Details
2023

Netflix Inc. annual total operating expense Increased +3.03% during fiscal year 2023 compared to 2022.
This represents an Increased in total operating expense of +$786.58 Million from $26.77 Billion (in 2023) to $25.98 Billion (in 2022).

2022

Netflix Inc. annual total operating expense Increased +10.55% during fiscal year 2022 compared to 2021.
This represents an Increased in total operating expense of +$2.48 Billion from $25.98 Billion (in 2022) to $23.50 Billion (in 2021).

2021

Netflix Inc. annual total operating expense Increased +15.15% during fiscal year 2021 compared to 2020.
This represents an Increased in total operating expense of +$3.09 Billion from $23.50 Billion (in 2021) to $20.41 Billion (in 2020).

2020

Netflix Inc. annual total operating expense Increased +16.29% during fiscal year 2020 compared to 2019.
This represents an Increased in total operating expense of +$2.86 Billion from $20.41 Billion (in 2020) to $17.55 Billion (in 2019).

Netflix Inc.: Total Operating Expense - Annual (Tabular)
Period Total Operating Expense Y/Y Growth
2023 $26.77 Billion 3.03 %
2022 $25.98 Billion 10.55 %
2021 $23.50 Billion 15.15 %
2020 $20.41 Billion 16.29 %
Netflix Inc. : Total Operating Expense - Quarterly (Tabular)
Period Total Operating Expense Y/Y Growth
Mar 24 $6.74 Billion 4.51%
Dec 23 $7.34 Billion 0.47%
Sep 23 $6.63 Billion 3.64%
Jun 23 $6.36 Billion -0.50%
Mar 23 $6.45 Billion 9.35%
Dec 22 $7.30 Billion 3.17%
Sep 22 $6.39 Billion 11.60%
Jun 22 $6.39 Billion 16.34%
Mar 22 $5.90 Billion 13.31%
Dec 21 $7.08 Billion 24.38%
Sep 21 $5.73 Billion 11.86%
Jun 21 $5.49 Billion 14.69%
Mar 21 $5.20 Billion 8.19%
Dec 20 $5.69 Billion 13.60%
Sep 20 $5.12 Billion 20.07%
Jun 20 $4.79 Billion 13.60%
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