What is Netflix's PP&E (net)?

Netflix (NFLX) reported PP&E (net) of $2.4B in Q2 2026.

How has Netflix's PP&E (net) changed year-over-year?

Netflix's PP&E (net) increased by 37.6% year-over-year, from $1.74B to $2.4B.

What is the long-term trend for Netflix's PP&E (net)?

Over 5 years (2020 to 2025), Netflix's PP&E (net) has grown at a 15.9% compound annual growth rate (CAGR), from $960.18M to $2B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Netflix NFLX PP&E (Net)

PP&E (Net) at other companies

GHC

Graham HoldingsGHC

$576.35M+6.0%

AppleAAPL

$50.12B+6.9%

Electronic ArtsEA

$613M+4.6%

AmazonAMZN

$397.46B+45.7%

Charter Communications, Inc.CHTR

$47.96B+8.5%

Nexstar Media Group, Inc.NXST

$1.86B+54.6%

Segments

By geography

See full

United States$3.08B—

Other financials

Income statement

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Revenue$12.6B+13.4%

Gross profit$6.5B+13.4%

Operating income$4.2B+11.1%

Net income$3.4B+8.8%

EPS (diluted)$0.72-90.0%

Balance sheet

See full

Cash & equivalents$9.1B+11.3%

Total debt$14.3B-15.5%

Total equity$30.2B+20.8%

Total assets$58.5B+10.1%

Cash flow

See full

Operating cash flow$1.7B-28.0%

CapEx$218.6M+40.3%

Free cash flow$1.5B-32.7%

Valuation

See full

Market cap$286.85B-42.8%

Enterprise value$292.06B-42.8%

P/E21×-28.0×

P/S5.9×-6.1×

Profitability

See full

Gross margin49.1%+0.6pp

Operating margin29.7%+0.2pp

Net margin28.2%+3.6pp

FCF margin23.1%+2.7pp

Returns & leverage

See full

Return on equity49.5%+6.0pp

Debt / equity0.5×-0.2×

Current ratio1.1×-0.2×

Where this comes from

Reported directly by Netflix in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Netflix’s 8-K, filed July 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Netflix's PP&E (net)?: Netflix (NFLX) reported PP&E (net) of $2.4B in Q2 2026.
How has Netflix's PP&E (net) changed year-over-year?: Netflix's PP&E (net) increased by 37.6% year-over-year, from $1.74B to $2.4B.
What is the long-term trend for Netflix's PP&E (net)?: Over 5 years (2020 to 2025), Netflix's PP&E (net) has grown at a 15.9% compound annual growth rate (CAGR), from $960.18M to $2B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.