Latest period
$756.07M
YoY change
+56.6%
5Y CAGR
+6.7%
Peak year (2025)
$688.22M
Cumulative CapEx
$5.51B
CapEx history chart for Netflix (NFLX) from 2001 to 2025
Latest: $688.22M
CapEx growth chart for Netflix (NFLX) from 2001 to 2025
Latest: +56.6%
CapEx history table for Netflix (NFLX) from 2001 to 2025
| 2025 | $688.22M | +56.6% | +$248.68M | ||
| 2024 | $439.54M | +26.1% | +$90.99M | ||
| 2023 | $348.55M | -14.5% | −$59.18M | ||
| 2022 | $407.73M | -22.3% | −$116.86M | ||
| 2021 | $524.59M | +5.4% | +$26.66M | ||
| 2020 | $497.92M | +96.8% | +$244.89M | ||
| 2019 | $253.03M | +19.1% | +$40.50M | ||
| 2018 | $212.53M | -6.4% | −$14.49M | ||
| 2017 | $227.02M | +22.8% | +$42.19M | ||
| 2016 | $184.83M | +9.2% | +$15.62M | ||
| 2015 | $169.21M | +17.1% | +$24.69M | ||
| 2014 | $144.52M | +20.4% | +$24.45M | ||
| 2013 | $120.07M | +33.8% | +$30.34M | ||
| 2012 | $89.73M | -33.5% | −$45.10M | ||
| 2011 | $134.84M | +292.6% | +$100.49M | ||
| 2010 | $34.34M | -85.6% | −$204.83M | ||
| 2009 | $239.18M | +15.2% | +$31.48M | ||
| 2008 | $207.70M | +363.6% | +$162.90M | ||
| 2007 | $44.81M | -77.3% | −$152.64M | ||
| 2006 | $197.45M | +544.8% | +$166.83M | ||
| 2005 | $30.62M | +104.6% | +$15.66M | ||
| 2004 | $14.96M | -76.8% | −$49.53M | ||
| 2003 | $64.49M | +140.5% | +$37.67M | ||
| 2002 | $26.82M | +122.0% | +$14.74M | ||
| 2001 | $12.08M | — | — |
- 2025$688.22M+56.6%
- 2024$439.54M+26.1%
- 2023$348.55M-14.5%
- 2022$407.73M-22.3%
- 2021$524.59M+5.4%
- 2020$497.92M+96.8%
- 2019$253.03M+19.1%
- 2018$212.53M-6.4%
- 2017$227.02M+22.8%
- 2016$184.83M+9.2%
- 2015$169.21M+17.1%
- 2014$144.52M+20.4%
- 2013$120.07M+33.8%
- 2012$89.73M-33.5%
- 2011$134.84M+292.6%
- 2010$34.34M-85.6%
- 2009$239.18M+15.2%
- 2008$207.70M+363.6%
- 2007$44.81M-77.3%
- 2006$197.45M+544.8%
- 2005$30.62M+104.6%
- 2004$14.96M-76.8%
- 2003$64.49M+140.5%
- 2002$26.82M+122.0%
- 2001$12.08M—
CapEx values are taken from Netflix's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Netflix (NFLX)
According to Netflix's latest reported financial statements, the company's current CapEx (TTM) is $756.07M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Netflix (NFLX) CapEx totalled $688.22M – surged 56.6% year-over-year.
Netflix CapEx compound annual growth for the 2020–2025 (5 years) window is +6.7%, sustaining 2 straight years of year-over-year growth.
2025 marks the peak CapEx at $688.22M, with the historical low of $12.08M recorded in 2001.
Netflix Capital Expenditures by Year
Netflix Capital Expenditures 2025: $688.22M
Netflix CapEx in 2025 was $688.22M, surged 56.6% from 2024. This figure represents the highest annual value in the available history.
Netflix Capital Expenditures 2024: $439.54M
2024's CapEx for Netflix came in at $439.54M, grew 26.1% from 2023.
Netflix Capital Expenditures 2023: $348.55M
Netflix posted CapEx of $348.55M in 2023, declined 14.5% below 2022.
Netflix Capital Expenditures 2022: $407.73M
In 2022, Netflix reported CapEx of $407.73M, declined 22.3% below 2021.
Netflix Capital Expenditures 2021: $524.59M
Netflix CapEx in 2021 was $524.59M.
See more financial history for Netflix (NFLX).
Sector peers by CapEx
Communication Services peers of Netflix (NFLX), ranked by their latest CapEx
| $91.45B | |
| $69.69B | |
| $20.84B | |
| $17.01B | |
| $11.75B | |
| $9.96B | |
| $8.02B | |
| $71.00M |
- $91.45B
- $69.69B
- $20.84B
- $17.01B
- $11.75B
- $9.96B
- $8.02B
- $71.00M
Frequently asked questions
Netflix (NFLX) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation