Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
99.39
+0.57 (0.58%)
At close: Apr 8, 2026, 4:00 PM EDT
99.16
-0.23 (-0.23%)
After-hours: Apr 8, 2026, 7:59 PM EDT
Netflix Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
| 12,051 | 11,510 | 11,079 | 10,543 | 10,247 | 9,825 | 9,559 | 9,370 | 8,833 | 8,542 | 8,187 | 8,162 | 7,852 | 7,926 | 7,970 | 7,868 | 7,709 | 7,483 | 7,342 | 7,163 | |
Revenue Growth (YoY) | 17.61% | 17.16% | 15.90% | 12.51% | 16.00% | 15.02% | 16.76% | 14.81% | 12.49% | 7.77% | 2.73% | 3.73% | 1.85% | 5.91% | 8.56% | 9.84% | 16.03% | 16.28% | 19.41% | 24.20% |
Cost of Revenue | 6,523 | 6,164 | 5,325 | 5,263 | 5,767 | 5,120 | 5,174 | 4,977 | 5,307 | 4,931 | 4,673 | 4,804 | 5,404 | 4,789 | 4,691 | 4,285 | 5,240 | 4,207 | 4,018 | 3,869 |
Gross Profit | 5,528 | 5,346 | 5,754 | 5,280 | 4,479 | 4,705 | 4,385 | 4,393 | 3,525 | 3,611 | 3,514 | 3,358 | 2,448 | 3,137 | 3,279 | 3,583 | 2,470 | 3,277 | 3,324 | 3,295 |
Selling, General & Admin | 1,681 | 1,244 | 1,154 | 1,110 | 1,430 | 1,060 | 1,071 | 1,058 | 1,356 | 1,037 | 1,029 | 956.29 | 1,224 | 941.17 | 984.26 | 953.91 | 1,191 | 957.74 | 938.82 | 809.71 |
Research & Development | 890.3 | 853.58 | 824.68 | 822.82 | 776.51 | 735.06 | 711.25 | 702.47 | 673.34 | 657.16 | 657.98 | 687.28 | 673.93 | 662.74 | 716.85 | 657.53 | 647.47 | 563.89 | 537.32 | 525.21 |
Total Operating Expenses | 2,571 | 2,098 | 1,979 | 1,933 | 2,206 | 1,795 | 1,782 | 1,761 | 2,029 | 1,694 | 1,687 | 1,644 | 1,898 | 1,604 | 1,701 | 1,611 | 1,838 | 1,522 | 1,476 | 1,335 |
Operating Income | 2,957 | 3,248 | 3,775 | 3,347 | 2,273 | 2,909 | 2,603 | 2,633 | 1,496 | 1,916 | 1,827 | 1,714 | 549.9 | 1,533 | 1,578 | 1,972 | 631.77 | 1,755 | 1,848 | 1,960 |
Interest Income | 45.47 | 36.46 | 39.63 | 50.9 | 54.11 | -21.69 | 79.01 | 155.36 | -172.75 | 168.22 | 26.96 | -71.2 | -339.97 | 261.4 | 220.23 | 195.65 | 108.51 | 96.14 | -62.52 | 269.09 |
Interest Expense | -234.4 | -175.29 | -182.65 | -184.17 | -192.6 | -184.83 | -167.99 | -173.31 | -175.21 | -175.56 | -174.81 | -174.24 | -170.6 | -172.58 | -175.46 | -187.58 | -189.43 | -190.43 | -191.32 | -194.44 |
Total Non-Operating Income (Expense) | -188.92 | -138.84 | -143.02 | -133.27 | -138.5 | -206.52 | -88.98 | -17.96 | -347.96 | -7.35 | -147.85 | -245.44 | -510.57 | 88.83 | 44.77 | 8.07 | -80.92 | -94.29 | -253.84 | 74.65 |
Pretax Income | 2,768 | 3,109 | 3,632 | 3,214 | 2,134 | 2,703 | 2,514 | 2,615 | 1,148 | 1,909 | 1,679 | 1,469 | 39.34 | 1,622 | 1,623 | 1,980 | 550.85 | 1,661 | 1,594 | 2,035 |
Provision for Income Taxes | 349.22 | 562.49 | 506.26 | 323.38 | 265.66 | 339.45 | 366.55 | 282.37 | 210.31 | 231.63 | 191.72 | 163.75 | -15.95 | 223.61 | 182.1 | 382.25 | -56.58 | 211.89 | 240.78 | 327.79 |
Net Income | 2,419 | 2,547 | 3,125 | 2,890 | 1,869 | 2,364 | 2,147 | 2,332 | 937.84 | 1,677 | 1,488 | 1,305 | 55.28 | 1,398 | 1,441 | 1,597 | 607.43 | 1,449 | 1,353 | 1,707 |
Net Income to Common | 2,419 | 2,547 | 3,125 | 2,890 | 1,869 | 2,364 | 2,147 | 2,332 | 937.84 | 1,677 | 1,488 | 1,305 | 55.28 | 1,398 | 1,441 | 1,597 | 607.43 | 1,449 | 1,353 | 1,707 |
Net Income Growth | 29.43% | 7.76% | 45.55% | 23.93% | 99.25% | 40.90% | 44.35% | 78.70% | 1596.40% | 19.97% | 3.24% | -18.30% | -90.90% | -3.51% | 6.50% | -6.40% | 12.04% | 83.43% | 87.87% | 140.70% |
Shares Outstanding (Basic) | 4,229 | 4,245 | 4,252 | 4,273 | 4,277 | 4,282 | 4,301 | 4,321 | 4,359 | 4,415 | 4,439 | 4,452 | 4,452 | 4,449 | 4,446 | 4,441 | 4,435 | 4,428 | 4,432 | 4,432 |
Shares Outstanding (Diluted) | 4,317 | 4,340 | 4,349 | 4,370 | 4,378 | 4,379 | 4,397 | 4,417 | 4,443 | 4,500 | 4,516 | 4,524 | 4,516 | 4,503 | 4,502 | 4,530 | 4,558 | 4,549 | 4,551 | 4,556 |
Shares Change (YoY) | -1.39% | -0.88% | -1.10% | -1.06% | -1.46% | -2.69% | -2.62% | -2.38% | -1.63% | -0.07% | 0.31% | -0.13% | -0.91% | -1.01% | -1.09% | -0.58% | 0.11% | -0.04% | 0.26% | 0.69% |
EPS (Basic) | 0.57 | 0.60 | 0.73 | 0.68 | 0.44 | 0.55 | 0.50 | 0.54 | 0.21 | 0.38 | 0.34 | 0.29 | 0.01 | 0.31 | 0.32 | 0.36 | 0.14 | 0.33 | 0.30 | 0.39 |
EPS (Diluted) | 0.56 | 0.59 | 0.72 | 0.66 | 0.43 | 0.54 | 0.49 | 0.53 | 0.21 | 0.37 | 0.33 | 0.29 | 0.01 | 0.31 | 0.32 | 0.35 | 0.13 | 0.32 | 0.30 | 0.38 |
EPS Growth | 30.23% | 9.26% | 47.34% | 25.19% | 103.79% | 44.77% | 48.33% | 83.33% | 1658.33% | 20.32% | 2.81% | -18.41% | -90.98% | -2.82% | 7.74% | -5.87% | 11.77% | 83.33% | 86.79% | 138.85% |
Shares Outstanding | 4,222 | 4,237 | 4,249 | 4,257 | 4,278 | 4,275 | 4,292 | 4,113 | 4,328 | 4,377 | 4,431 | 4,445 | 4,453 | 4,450 | 4,447 | 4,443 | 4,440 | 4,430 | 4,426 | 4,434 |
Free Cash Flow | 1,872 | 2,660 | 2,267 | 2,661 | 1,378 | 2,194 | 1,213 | 2,137 | 1,581 | 1,888 | 1,339 | 2,117 | 332.27 | 471.85 | 12.73 | 801.68 | -569.25 | -84.95 | -174.04 | 696.27 |
Free Cash Flow Growth | 35.85% | 21.25% | 86.99% | 24.53% | -12.85% | 16.20% | -9.46% | 0.95% | 375.94% | 300.21% | 10418.85% | 164.03% | - | - | - | 15.14% | - | - | - | 330.07% |
Free Cash Flow Per Share | 0.43 | 0.61 | 0.52 | 0.61 | 0.31 | 0.50 | 0.28 | 0.48 | 0.36 | 0.42 | 0.30 | 0.47 | 0.07 | 0.10 | 0.00 | 0.18 | -0.12 | -0.02 | -0.04 | 0.15 |
Gross Margin | 45.87% | 46.45% | 51.93% | 50.08% | 43.71% | 47.89% | 45.87% | 46.89% | 39.91% | 42.27% | 42.92% | 41.14% | 31.18% | 39.58% | 41.15% | 45.54% | 32.04% | 43.79% | 45.27% | 46.00% |
Operating Margin | 24.54% | 28.22% | 34.07% | 31.75% | 22.18% | 29.61% | 27.23% | 28.09% | 16.94% | 22.44% | 22.32% | 21.00% | 7.00% | 19.34% | 19.80% | 25.06% | 8.19% | 23.46% | 25.17% | 27.36% |
Profit Margin | 20.07% | 22.13% | 28.21% | 27.42% | 18.24% | 24.06% | 22.46% | 24.89% | 10.62% | 19.64% | 18.17% | 15.99% | 0.70% | 17.64% | 18.08% | 20.30% | 7.88% | 19.36% | 18.43% | 23.83% |
FCF Margin | 15.54% | 23.11% | 20.47% | 25.24% | 13.45% | 22.33% | 12.68% | 22.80% | 17.90% | 22.11% | 16.36% | 25.94% | 4.23% | 5.95% | 0.16% | 10.19% | -7.38% | -1.14% | -2.37% | 9.72% |
EBITDA | 3,043 | 3,336 | 3,855 | 3,427 | 2,352 | 2,990 | 2,684 | 2,720 | 1,583 | 2,007 | 1,917 | 1,805 | 643.29 | 1,618 | 1,662 | 2,046 | 695.75 | 1,826 | 1,886 | 1,996 |
EBITDA Margin | 25.25% | 28.98% | 34.79% | 32.51% | 22.96% | 30.44% | 28.08% | 29.02% | 17.92% | 23.50% | 23.41% | 22.11% | 8.19% | 20.42% | 20.85% | 26.01% | 9.02% | 24.39% | 25.69% | 27.86% |
EBIT | 2,957 | 3,248 | 3,775 | 3,347 | 2,273 | 2,909 | 2,603 | 2,633 | 1,496 | 1,916 | 1,827 | 1,714 | 549.9 | 1,533 | 1,578 | 1,972 | 631.77 | 1,755 | 1,848 | 1,960 |
EBIT Margin | 24.54% | 28.22% | 34.07% | 31.75% | 22.18% | 29.61% | 27.23% | 28.09% | 16.94% | 22.44% | 22.32% | 21.00% | 7.00% | 19.34% | 19.80% | 25.06% | 8.19% | 23.46% | 25.17% | 27.36% |
Effective Tax Rate | 12.62% | 18.09% | 13.94% | 10.06% | 12.45% | 12.56% | 14.58% | 10.80% | 18.32% | 12.13% | 11.42% | 11.15% | -40.54% | 13.79% | 11.22% | 19.31% | -10.27% | 12.76% | 15.11% | 16.11% |
Updated Jan 20, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.