Netflix Inc (NFLX) — Cash Flow Quality Index
Netflix Inc (NFLX) has a Cash Flow Quality Index of 0.87x as of December 2025. Operating cash flow of $2.11 Billion is below net income of $2.42 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how efficiently does Netflix Inc generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Netflix Inc Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Netflix Inc across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Netflix Inc (NFLX) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Netflix Inc (2003–2025)
Year-by-year earnings quality comparison for Netflix Inc. For live market cap and the full company financial profile, see NFLX market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.92x | $10.15 Billion | $10.98 Billion | ▲ +9.4% |
| 2024 | 0.85x | $7.36 Billion | $8.71 Billion | ▼ -37.2% |
| 2023 | 1.35x | $7.27 Billion | $5.41 Billion | ▲ +198.2% |
| 2022 | 0.45x | $2.03 Billion | $4.49 Billion | ▲ +487.8% |
| 2021 | 0.08x | $392.61 Million | $5.12 Billion | ▼ -91.3% |
| 2020 | 0.88x | $2.43 Billion | $2.76 Billion | ▲ +156.8% |
| 2019 | -1.55x | $-2.89 Billion | $1.87 Billion | ▲ +30.1% |
| 2018 | -2.21x | $-2.68 Billion | $1.21 Billion | ▲ +30.7% |
| 2017 | -3.20x | $-1.79 Billion | $558.93 Million | ▲ +59.5% |
| 2016 | -7.90x | $-1.47 Billion | $186.68 Million | ▼ -29.2% |
| 2015 | -6.11x | $-749.44 Million | $122.64 Million | ▼ -9991.2% |
| 2014 | 0.06x | $16.48 Million | $266.80 Million | ▼ -92.9% |
| 2013 | 0.87x | $97.83 Million | $112.40 Million | ▼ -34.4% |
| 2012 | 1.33x | $22.77 Million | $17.15 Million | ▼ -5.5% |
| 2011 | 1.41x | $317.71 Million | $226.13 Million | ▼ -18.2% |
| 2010 | 1.72x | $276.40 Million | $160.85 Million | ▼ -38.8% |
| 2009 | 2.81x | $325.06 Million | $115.86 Million | ▼ -18.0% |
| 2008 | 3.42x | $284.04 Million | $83.03 Million | ▼ -21.5% |
| 2007 | 4.36x | $291.82 Million | $66.95 Million | ▼ -13.7% |
| 2006 | 5.05x | $247.86 Million | $49.08 Million | ▲ +30.2% |
| 2005 | 3.88x | $162.98 Million | $42.03 Million | ▼ -43.3% |
| 2004 | 6.83x | $147.57 Million | $21.59 Million | ▼ -50.4% |
| 2003 | 13.79x | $89.79 Million | $6.51 Million | — |