Netflix G&A increased by 24.0% to $567.80M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.2%, from $453.67M to $567.80M. Over 4 years (FY 2021 to FY 2025), G&A shows an upward trend with a 8.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower G&A as a percentage of revenue typically indicates a lean, well-managed corporate structure.
The 'overhead' costs of running a business that are not directly tied to production, sales, or research. This includes e...
Mature companies aim to keep G&A low to maximize operating leverage.
is_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $334.85M | $321.79M | $397.79M | $397.93M | $409.30M | $373.21M | $392.45M | $400.92M | $401.50M | $478.59M | $439.27M | $404.02M | $426.99M | $417.35M | $453.67M | $421.46M | $441.21M | $457.93M | $567.80M |
| QoQ Change | — | -3.9% | +23.6% | +0.0% | +2.9% | -8.8% | +5.2% | +2.2% | +0.1% | +19.2% | -8.2% | -8.0% | +5.7% | -2.3% | +8.7% | -7.1% | +4.7% | +3.8% | +24.0% |
| YoY Change | — | — | — | — | +22.2% | +16.0% | -1.3% | +0.8% | -1.9% | +28.2% | +11.9% | +0.8% | +6.3% | -12.8% | +3.3% | +4.3% | +3.3% | +9.7% | +25.2% |
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