Netflix Inc (NFLX) — Free Cash Flow Generation Index
Latest as of December 2025:
0.89x
Netflix Inc (NFLX) has a Free Cash Flow Generation Index of 0.89x as of December 2025. Free cash flow of $1.87 Billion represents 1% of operating cash flow ($2.11 Billion). Read debt load of Netflix Inc for a breakdown of total debt and financial obligations.
FCF Generation Index
0.89x
Free Cash Flow / Operating CF
Free Cash Flow
$1.87 Billion
USD
Operating Cash Flow
$2.11 Billion
USD
Capital Expenditures
$239.34 Million
USD
Netflix Inc Free Cash Flow Generation Index (2001–2025)
Historical FCF Generation Index trend for Netflix Inc across 20 annual periods. Explore Netflix Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Netflix Inc (2001–2025)
Year-by-year Free Cash Flow Generation Index for Netflix Inc. For the full company profile including market capitalisation, see Netflix Inc (NFLX) total market value.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.93x | $9.46 Billion | $10.15 Billion | $688.22 Million | ▼ -0.9% |
| 2024 | 0.94x | $6.92 Billion | $7.36 Billion | $439.54 Million | ▼ -1.2% |
| 2023 | 0.95x | $6.93 Billion | $7.27 Billion | $348.55 Million | ▲ +19.2% |
| 2022 | 0.80x | $1.62 Billion | $2.03 Billion | $407.73 Million | ▲ +337.6% |
| 2021 | -0.34x | $-131.97 Million | $392.61 Million | $524.59 Million | ▼ -142.3% |
| 2020 | 0.79x | $1.93 Billion | $2.43 Billion | $497.92 Million | ▲ +110.2% |
| 2014 | -7.77x | $-128.03 Million | $16.48 Million | $144.52 Million | ▼ -3317.0% |
| 2013 | -0.23x | $-22.24 Million | $97.83 Million | $120.07 Million | ▲ +92.3% |
| 2012 | -2.94x | $-66.97 Million | $22.77 Million | $89.73 Million | ▼ -611.1% |
| 2011 | 0.58x | $182.88 Million | $317.71 Million | $134.84 Million | ▼ -34.3% |
| 2010 | 0.88x | $242.06 Million | $276.40 Million | $34.34 Million | ▲ +231.5% |
| 2009 | 0.26x | $85.89 Million | $325.06 Million | $239.18 Million | ▼ -1.7% |
| 2008 | 0.27x | $76.34 Million | $284.04 Million | $207.70 Million | ▼ -68.2% |
| 2007 | 0.85x | $247.02 Million | $291.82 Million | $44.81 Million | ▲ +316.1% |
| 2006 | 0.20x | $50.42 Million | $247.86 Million | $197.45 Million | ▼ -75.0% |
| 2005 | 0.81x | $132.36 Million | $162.98 Million | $30.62 Million | ▼ -9.6% |
| 2004 | 0.90x | $132.61 Million | $147.57 Million | $14.96 Million | ▲ +218.9% |
| 2003 | 0.28x | $25.30 Million | $89.79 Million | $64.49 Million | ▼ -15.0% |
| 2002 | 0.33x | $13.29 Million | $40.11 Million | $26.82 Million | ▲ +122.2% |
| 2001 | -1.49x | $-7.24 Million | $4.85 Million | $12.08 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).