Netflix Income Statement (Annual)

The table below shows the annual income statements for Netflix stock for the past 21 years.

Numbers in millions USD, except per-share numbers.

Year Ended	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31
Revenue	20,156	15,794	11,693	8,831	6,780	5,505	4,375	3,609	3,205	2,163	1,670	1,365	1,205	997	682	501	270	153	75.91	35.89	5.01
Revenue Growth	27.62%	35.08%	32.41%	30.26%	23.16%	25.83%	21.2%	12.63%	48.18%	29.48%	22.39%	13.22%	20.94%	46.09%	36.28%	85.13%	76.96%	101.29%	111.49%	617.02%	-
Cost of Revenue	12,440	9,968	8,033	6,257	4,591	3,753	3,117	2,652	2,040	1,357	1,079	910	786	627	466	332	179	78.14	49.91	24.86	4.37
Gross Profit	7,716	5,827	3,660	2,573	2,188	1,752	1,257	957	1,165	805	591	454	419	370	216	169	91.40	74.67	26.01	11.03	0.63
Selling, General & Admin	3,567	3,000	1,867	1,413	1,231	877	650	578	530	358	285	249	271	261	180	123	59.53	42.52	25.69	32.72	16.06
Research & Development	1,545	1,222	954	780	651	472	379	329	259	163	115	89.87	70.98	47.83	35.39	29.47	17.88	14.63	17.73	16.82	7.41
Operating Expenses	5,112	4,222	2,821	2,193	1,882	1,349	1,029	907	789	522	399	333	327	304	213	150	86.93	65.98	50.34	58.34	28.22
Operating Income	2,604	1,605	839	380	306	403	228	49.99	376	284	192	122	91.77	65.22	2.99	19.35	4.47	8.69	-24.34	-47.31	-27.59
Income Taxes	195	15.22	-73.61	73.83	19.24	82.57	58.67	13.33	133	107	76.33	48.47	44.32	31.07	-33.69	0.18	-	-	-	-	-
Interest Income/Expense	626	420	238	150	133	50.22	29.14	19.99	20.03	19.63	6.48	2.46	1.19	1.21	-	0.17	0.42	11.97	1.85	1.45	0.74
Other Expense/Income	542	379	353	119	164	53.28	57.27	19.51	16.55	15.95	-0.25	-9.99	-19.15	-14.69	-5.35	-2.42	-2.04	29.64	14.84	10.05	2.26
Net Income	1,867	1,211	559	187	123	267	112	17.15	226	161	116	83.03	66.61	48.84	42.03	21.60	6.51	-20.95	-39.18	-57.36	-29.85
Shares Outstanding	438	435	432	429	426	421	407	389	370	368	396	427	470	438	375	364	335	197	25.56	19.80	19.52
Shares Change	0.56%	0.81%	0.71%	0.69%	1.27%	3.23%	4.82%	5.06%	0.61%	-7.13%	-7.22%	-9.12%	7.19%	16.91%	2.96%	8.79%	69.43%	672.29%	29.14%	1.43%	-
EPS (Basic)	4.26	2.78	1.29	0.44	0.29	0.63	0.28	0.04	0.61	0.44	0.29	0.19	0.14	0.11	0.11	0.06	0.02	-0.11	-1.53	-2.90	-1.53
Earnings Per Share (EPS)	4.13	2.68	1.25	0.43	0.28	0.62	0.26	0.04	0.59	0.42	0.28	0.19	0.14	0.10	0.09	0.05	0.01	-0.11	-1.53	-2.90	-1.53
EPS Growth	54.1%	114.4%	190.7%	53.57%	-54.84%	138.46%	534.15%	-93.1%	40.43%	49.47%	49.74%	35.97%	37.62%	10.99%	93.62%	235.71%	-	-	-	-	-
FCF Per Share	-7.17	-6.56	-4.54	-3.87	-2.16	-0.30	-0.06	-0.17	0.49	0.32	0.22	0.22	0.10	0.15	0.06	0.10	0.08	0.08	-0.28	-2.67	-1.52
Gross Margin	38.3%	36.9%	31.3%	29.1%	32.3%	31.8%	28.7%	26.5%	36.3%	37.2%	35.4%	33.3%	34.8%	37.1%	31.7%	33.7%	33.8%	48.9%	34.3%	30.7%	12.6%
Operating Margin	12.9%	10.2%	7.2%	4.3%	4.5%	7.3%	5.2%	1.4%	11.7%	13.1%	11.5%	8.9%	7.6%	6.5%	0.4%	3.9%	1.7%	5.7%	-32.1%	-131.8%	-551.0%
Profit Margin	9.3%	7.7%	4.8%	2.1%	1.8%	4.8%	2.6%	0.5%	7.1%	7.4%	6.9%	6.1%	5.5%	4.9%	6.2%	4.3%	2.4%	-13.7%	-51.6%	-159.8%	-596.2%
FCF Margin	-15.6%	-18.1%	-16.8%	-18.8%	-13.6%	-2.3%	-0.5%	-1.9%	5.7%	5.5%	5.2%	6.9%	3.8%	6.4%	3.5%	7.0%	10.0%	10.0%	-9.5%	-147.1%	-593.1%
EBITDA	12,008	9,262	6,993	5,336	3,822	3,181	2,442	1,753	1,219	626	456	376	338	239	115	110	57.92	17.50	-7.53	-36.08	-25.04
EBITDA Margin	59.6%	58.6%	59.8%	60.4%	56.4%	57.8%	55.8%	48.6%	38%	28.9%	27.3%	27.6%	28%	24%	16.9%	22%	21.4%	11.5%	-9.9%	-100.5%	-500.2%
EBIT	2,688	1,647	724	411	275	400	200	50.47	380	287	199	134	112	81.12	8.34	21.95	6.93	-8.98	-37.33	-55.91	-29.11
EBIT Margin	13.3%	10.4%	6.2%	4.6%	4.1%	7.3%	4.6%	1.4%	11.8%	13.3%	11.9%	9.8%	9.3%	8.1%	1.2%	4.4%	2.6%	-5.9%	-49.2%	-155.8%	-581.4%