Company / Interest Expense
Netflix Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$699.8M
FY2023
5-year range
$626.0M / $767.5M
FY2019-FY2023
Trend
-8.8%
vs FY2022
Sector context
#3 of 19
Communication Services
What the data says
Netflix's interest expense of $700M is higher than 84% of companies in the Communication Services sector (FY2023). Interest Expense has fluctuated over the past 8 years, ranging from $50M in FY2016 to $767M in FY2022.
Based on SEC 10-K filings.
$700M in FY2023 with a 5-year CAGR of +36.1%. Ranks 3rd among 19 companies in Communication Services.
Increased from $626M to $700M over the past 2 years.
Communication Services sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +18.5%
- 5-Year CAGR
- +36.1%
- 10-Year CAGR
- -
Sector benchmark
+398.9% above sector average
Key checks
Key Insights
- 5-year CAGR of +36.1%, indicating consistent growth.
- In FY2023, interest expense decreased 8.8% year-over-year.
- Ranks #3 out of 19 companies in the Communication Services sector.
- Peak interest expense was recorded in FY2022.
Company context
Key Data Points
- Strong profit margin: 24.3%
- Strong return on equity: 42.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $699.8M | -8.8% |
| FY2022 | $767.5M | +22.6% |
| FY2021 | $626.0M | +48.9% |
| FY2020 | $420.5M | +76.5% |
| FY2019 | $238.2M | +58.7% |
| FY2018 | $150.1M | -37.0% |
| FY2017 | $238.2M | +374.3% |
| FY2016 | $50.2M | -62.2% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026