Research and Development Expenses of Netflix
Netflix Research and Development Expenses 2014-2019
Amounts are in $million.
|YEAR||R&D Expenses ($MN)|
The research and development expenses of Netflix grew to $1,673 million in 2019 from $1,218 milllion in 2018. The research and development expenses of Netflix mainly include the payroll and related costs incurred in making improvements to its service offerings.
Netflix is the world's leading subscription streaming entertainment service with more than 167 million subscribers. User across 190 countries enjoy TV series, documentaries and feature films offered by Netflix in a wide variety of genres and several languages. The company was founded in 1997. However, it launched its streaming services in 2007. Previously, the company operated its business as three different segments - Netflix US Streaming, Netflix International Streaming and DVD. However, starting 2019, Netflix operates its global business as one segment. The headquarters of Netflix are located at Los Gatos, California, United States.