Discontinued — last reported Q4 '25
Operating Lease Liabilities (Total)
Netflix Operating Lease Liabilities (Total) decreased by 5.2% to $2.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $2.41B to $2.38B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows an upward trend with a 2.7% CAGR.
Analysis
How to read this metric
A significant increase reflects a long-term commitment to physical expansion, while a decrease suggests a consolidation of facilities or a move toward remote operations.
Detailed definition
The total present value of all future lease payments for operating leases, covering both short-term and long-term horizo...
Peer comparison
Used to compare the 'fixed charge' burden across companies with different strategies regarding owning versus leasing real estate.
operating_lease_liabilities_totalHistorical Data
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.32B | $2.51B | $2.72B | $2.77B | $2.68B | $2.54B | $2.58B | $2.52B | $2.52B | $2.46B | $2.43B | $2.50B | $2.54B | $2.53B | $2.41B | $2.41B | $2.48B | $2.62B | $2.51B | $2.38B |
| QoQ Change | — | +8.5% | +8.4% | +1.5% | -3.2% | -4.9% | +1.4% | -2.3% | +0.2% | -2.4% | -1.4% | +2.7% | +1.9% | -0.7% | -4.6% | -0.2% | +3.1% | +5.6% | -4.1% | -5.2% |
| YoY Change | — | — | — | — | +15.5% | +1.2% | -5.3% | -8.9% | -5.7% | -3.2% | -5.8% | -0.9% | +0.8% | +2.6% | -0.7% | -3.6% | -2.5% | +3.7% | +4.2% | -1.0% |
Operating Lease Liabilities (Total) at Other Companies
Frequently Asked Questions
- What is Netflix's operating lease liabilities (total)?
- Netflix (NFLX) reported operating lease liabilities (total) of $2.38B in Q1 2026.
- How has Netflix's operating lease liabilities (total) changed year-over-year?
- Netflix's operating lease liabilities (total) decreased by 1.0% year-over-year, from $2.41B to $2.38B.
- What is the long-term trend for Netflix's operating lease liabilities (total)?
- Over 5 years (2020 to 2025), Netflix's operating lease liabilities (total) has grown at a 2.7% compound annual growth rate (CAGR), from $2.20B to $2.51B.
- What does operating lease liabilities (total) mean?
- The total amount of money the company is committed to paying for all its rented properties and equipment over time.