Total Debt for Netflix (NFLX)
According to Netflix's latest reported financial statements, the company's latest reported total debt is $16.74B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
NFLX
Currently viewingTotal DebtSwitch metric
Latest period
$16.74B
YoY change
-19.6%
5Y CAGR
-4.8%
Peak year (2020)
$18.51B
Latest annual
$14.46B
Total Debt history chart for Netflix (NFLX) from 2000 to 2025
Total Debt history table for Netflix (NFLX) from 2000 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $14.46B | -19.6% | ||
| 2024 | $17.99B | +6.0% | ||
| 2023 | $16.97B | +18.3% | ||
| 2022 | $14.35B | -20.8% | ||
| 2021 | $18.12B | -2.1% | ||
| 2020 | $18.51B | +13.1% | ||
| 2019 | $16.37B | +58.0% | ||
| 2018 | $10.36B | +59.4% | ||
| 2017 | $6.50B | +93.2% | ||
| 2016 | $3.36B | +41.9% | ||
| 2015 | $2.37B | +167.7% | ||
| 2014 | $885.85M | +77.2% | ||
| 2013 | $500.00M | +25.0% | ||
| 2012 | $400.00M | -0.6% | ||
| 2011 | $402.32M | +70.3% | ||
| 2010 | $236.21M | -0.7% | ||
| 2009 | $237.98M | +490.6% | ||
| 2008 | $40.29M | +10.5% | ||
| 2007 | $36.48M | — | ||
| 2006 | $0 | — | ||
| 2005 | $0 | -100.0% | ||
| 2004 | $68,000 | -85.2% | ||
| 2003 | $460,000 | -72.8% | ||
| 2002 | $1.69M | -75.4% | ||
| 2001 | $6.87M | +239.3% | ||
| 2000 | $2.02M | — |
Total Debt values are taken from Netflix's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Netflix (NFLX) reported total debt of $14.46B – declined 19.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Netflix total debt compounded at -4.8% per year, with a net decline across the window.
Across the available history, total debt reached its high of $18.51B in 2020 and its low of $0 in 2005.
Within Communication Services, Netflix (NFLX) ranks 8th among 8 peers we track. The peer median for total debt is $97.17B.
Netflix Total Debt by Year
Netflix Total Debt 2025: $14.46B
Netflix total debt in 2025 was $14.46B, declined 19.6% below 2024.
Netflix Total Debt 2024: $17.99B
Netflix total debt in 2024 was $17.99B, grew 6.0% from 2023.
Netflix Total Debt 2023: $16.97B
Netflix total debt in 2023 was $16.97B, grew 18.3% from 2022.
Netflix Total Debt 2022: $14.35B
Netflix total debt in 2022 was $14.35B, declined 20.8% below 2021.
Netflix Total Debt 2021: $18.12B
Netflix total debt in 2021 was $18.12B.
See more financial history for Netflix (NFLX).
Sector peers — Total Debt
Companies in the same sector as Netflix, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Verizon Communications Inc. (VZ) | $200.59B | Communication Services |
| AT&T Inc. (T) | $173.99B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $122.27B | Communication Services |
| Comcast Corporation (CMCSA) | $110.44B | Communication Services |
| Meta Platforms, Inc. (META) | $83.90B | Communication Services |
| Alphabet Inc. (GOOGL) | $59.29B | Communication Services |
| The Walt Disney Company (DIS) | $44.88B | Communication Services |
| Spotify Technology S.A. (SPOT) | $2.32B | Communication Services |
Frequently asked questions
What is Netflix's total debt?
- Latest reported total debt for Netflix (NFLX) is $16.74B (period ending March 31, 2026).
How has Netflix total debt changed year-over-year?
- Netflix (NFLX) total debt changed -19.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Netflix total debt?
- Netflix (NFLX) total debt compound annual growth rate is -4.8% over the most recent 5 years available.
When did Netflix total debt hit its highest annual value?
- Netflix total debt reached its highest annual value of $18.51B in 2020.
What was Netflix total debt in 2024?
- Netflix (NFLX) total debt in 2024 was $17.99B.
What was Netflix total debt in 2025?
- Netflix (NFLX) total debt in 2025 was $14.46B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
NFLX Overview
Company profile, financial tools, and key metrics
NFLX Revenue Counter
Earns $1,487 every second. See per minute, hour, and day.
NFLX Earnings Counter
Earns $424.08 per second net profit. See per minute, hour, and day.
NFLX Economic Scale
Exceeds Cambodia's GDP. Compare with world economies.
NFLX What If Invested
What if you had invested $1,000? See historical returns from any date.
NFLX How It Makes Money
Discover visual breakdown of $46.89B in revenue — where it comes from and where it goes.
NFLX Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
NFLX Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
NFLX Daily Price Character
Explosive · 50.0% historical win rate (green days). Streaks & record days.
NFLX Buybacks
1.69% TTM buyback yield. Shareholder yield & SBC comparison.
NFLX Stock Split History
3 splits on record. Dates, ratios, and cumulative multiple.