Netflix (NFLX) General and Admin. Expense: $2,070 Mil (TTM As of Mar. 2026)


NFLX Netflix Inc NFLX
95 GF Score
Price $73.81
GF Value $98.48
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Netflix General and Admin. Expense?

Netflix NFLX +4.10% 95 General and Admin. Expense is $2,070 Mil as of Mar. 2026. GuruFocus rates NFLX with a GF Score™ of 95/100 and a GF Value™ of $98.48 (Modestly Undervalued). The stock has 1 warning sign investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Netflix's General and Admin. Expense for the three months ended in Mar. 2026 was $603 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $2,070 Mil.

Netflix General and Admin. Expense Related Terms

Netflix General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for Netflix's General and Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Netflix General and Admin. Expense Chart

Netflix Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,351.62 1,572.89 1,720.29 1,702.04 1,888.41

Netflix Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
General and Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 421.46 441.21 457.93 567.80 602.61
NFLX
95GF Score
Netflix Inc NFLX
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Netflix General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,070 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a General and Admin. Expense of $2,070 Mil mean?
Netflix (NFLX) has a General and Admin. Expense of $2,070 Mil as of Mar. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Netflix and its competitors.
Is Netflix's General and Admin. Expense too high?
Netflix's current General and Admin. Expense is $2,070 Mil. Overall, Netflix has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netflix's General and Admin. Expense compare to DIS and WBD?
Netflix's General and Admin. Expense of $2,070 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for a Media - Diversified company?
A good General and Admin. Expense depends on the Media - Diversified industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Netflix and its competitors. Netflix's current General and Admin. Expense is $2,070 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netflix stock overvalued right now?
Based on GuruFocus' analysis, Netflix (NFLX) is currently considered Modestly Undervalued. The stock's GF Value™ is $98.48, compared to a current price of $73.81 — trading 25.1% below its estimated fair value. The current General and Admin. Expense is $2,070 Mil. Netflix's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For Netflix (NFLX), the current General and Admin. Expense is $2,070 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Netflix (NFLX) Overvalued in 2026?

Based on GuruFocus' analysis, Netflix stock appears to be undervalued. The current stock price of $73.81 is trading 25.1% below its estimated GF Value™ of $98.48. GuruFocus considers Netflix to be Modestly Undervalued.

Key valuation signals for NFLX:

  • General and Admin. Expense: $2,070 Mil
  • GF Value™: $98.48 vs. price of $73.81 (25.1% below fair value)
  • GF Score™: 95/100 with 1 warning sign

No single metric tells the full story. See the NFLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Netflix Business Description

Address 121 Albright Way, Los Gatos, CA, USA, 95032
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
95GF Score

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General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$73.81
Price
$98.48
GF Value