Sales & Marketing

Operating Expenses

Netflix Sales & Marketing increased by 41.6% to $1.11B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $976.20M to $1.11B. Over 4 years (FY 2021 to FY 2025), Sales & Marketing shows an upward trend with a 6.7% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2007
Last reportedQ4 2025

How to read this metric

Rising costs may indicate aggressive expansion or a more competitive environment requiring higher spend to acquire customers.

Detailed definition

Costs incurred to promote, sell, and distribute products and services to customers. This includes advertising, sales com...

Peer comparison

Enterprise software companies often have high sales costs due to the complexity of long-term contract negotiations.

Metric ID: is_selling_and_marketing

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$603.97M$635.95M$792.71M$555.98M$574.96M$567.95M$831.61M$555.36M$627.17M$558.74M$916.62M$654.34M$644.08M$642.93M$976.20M$688.37M$713.27M$786.30M$1.11B
QoQ Change+5.3%+24.7%-29.9%+3.4%-1.2%+46.4%-33.2%+12.9%-10.9%+64.1%-28.6%-1.6%-0.2%+51.8%-29.5%+3.6%+10.2%+41.6%
YoY Change-4.8%-10.7%+4.9%-0.1%+9.1%-1.6%+10.2%+17.8%+2.7%+15.1%+6.5%+5.2%+10.7%+22.3%+14.1%
Range$555.36M$1.11B
CAGR+14.6%
Avg YoY Growth+6.8%
Median YoY Growth+6.5%
Current Streak3 quarters growth

Business Segments

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Frequently Asked Questions

What is Netflix's sales & marketing?
Netflix (NFLX) reported sales & marketing of $1.11B in Q4 2025.
How has Netflix's sales & marketing changed year-over-year?
Netflix's sales & marketing increased by 14.1% year-over-year, from $976.20M to $1.11B.
What is the long-term trend for Netflix's sales & marketing?
Over 4 years (2021 to 2025), Netflix's sales & marketing has grown at a 6.7% compound annual growth rate (CAGR), from $2.55B to $3.30B.
What does sales & marketing mean?
The cost of advertising and selling products to customers.

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