Netflix, Inc. (NFLX)

Netflix Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	36,304	33,723	31,616	29,698	24,996	20,156
Revenue Growth (YoY)	13.00%	6.67%	6.46%	18.81%	24.01%	27.62%
Cost of Revenue	20,389	19,715	19,168	17,333	15,276	12,440
Gross Profit	15,915	14,008	12,447	12,365	9,720	7,716
Selling, General & Admin	4,523	4,378	4,103	3,897	3,305	3,567
Research & Development	2,744	2,676	2,711	2,274	1,830	1,545
Operating Expenses	7,267	7,054	6,814	6,171	5,134	5,112
Operating Income	8,648	6,954	5,633	6,195	4,585	2,604
Interest Expense / Income	692.08	699.83	706.21	765.62	767.5	626.02
Other Expense / Income	-229.84	48.77	-337.31	-411.21	618.44	-84
Pretax Income	8,186	6,205	5,264	5,840	3,199	2,062
Income Tax	1,091	797.42	772.01	723.88	437.95	195.32
Net Income	7,095	5,408	4,492	5,116	2,761	1,867
Net Income Growth	67.08%	20.39%	-12.20%	85.28%	47.91%	54.13%
Shares Outstanding (Basic)	430	442	445	443	441	438
Shares Outstanding (Diluted)	440	449	451	455	454	452
Shares Change	-2.62%	-0.40%	-0.90%	0.26%	0.54%	0.12%
EPS (Basic)	16.36	12.25	10.10	11.55	6.26	4.26
EPS (Diluted)	16.02	12.03	9.95	11.24	6.08	4.13
EPS Growth	70.61%	20.90%	-11.48%	84.87%	47.22%	54.10%
Free Cash Flow	6,819	6,926	1,619	-131.98	1,929	-3,140.36
Free Cash Flow Per Share	15.86	15.68	3.64	-0.30	4.38	-7.17
Gross Margin	43.84%	41.54%	39.37%	41.64%	38.89%	38.28%
Operating Margin	23.82%	20.62%	17.82%	20.86%	18.34%	12.92%
Profit Margin	19.54%	16.04%	14.21%	17.23%	11.05%	9.26%
Free Cash Flow Margin	18.78%	20.54%	5.12%	-0.44%	7.72%	-15.58%
Effective Tax Rate	13.33%	12.85%	14.67%	12.39%	13.69%	9.47%
EBITDA	23,991	21,460	20,333	19,045	14,889	12,008
EBITDA Margin	66.08%	63.63%	64.31%	64.13%	59.57%	59.57%
Depreciation & Amortization	15,114	14,554	14,363	12,439	10,923	9,320
EBIT	8,878	6,905	5,970	6,606	3,967	2,688
EBIT Margin	24.45%	20.48%	18.88%	22.24%	15.87%	13.34%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).