Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
85.70
-0.42 (-0.49%)
At close: Jan 26, 2026, 4:00 PM EST
85.27
-0.43 (-0.50%)
Pre-market: Jan 27, 2026, 7:59 AM EST
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 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | +20 Quarters |
| 45,183 | 43,379 | 41,693 | 40,173 | 39,001 | 37,587 | 36,304 | 34,932 | 33,723 | 32,743 | 32,126 | 31,909 | 31,616 | 31,473 | 31,031 | 30,402 | 29,698 | 28,633 | 27,585 | 26,392 | Upgrade | |
Revenue Growth (YoY) | 15.85% | 15.41% | 14.84% | 15.00% | 15.65% | 14.80% | 13.00% | 9.47% | 6.67% | 4.03% | 3.53% | 4.96% | 6.46% | 9.92% | 12.49% | 15.20% | 18.81% | 20.21% | 21.91% | 23.31% | Upgrade |
Cost of Revenue | 23,275 | 22,520 | 21,476 | 21,325 | 21,038 | 20,579 | 20,389 | 19,889 | 19,715 | 19,812 | 19,670 | 19,687 | 19,168 | 19,004 | 18,422 | 17,749 | 17,333 | 16,258 | 15,919 | 15,545 | Upgrade |
Gross Profit | 21,908 | 20,859 | 20,217 | 18,849 | 17,963 | 17,009 | 15,915 | 15,043 | 14,008 | 12,930 | 12,457 | 12,222 | 12,447 | 12,469 | 12,609 | 12,653 | 12,365 | 12,375 | 11,666 | 10,847 | Upgrade |
Selling, General & Admin | 5,190 | 4,938 | 4,754 | 4,671 | 4,620 | 4,546 | 4,523 | 4,480 | 4,378 | 4,246 | 4,150 | 4,106 | 4,103 | 4,070 | 4,086 | 4,041 | 3,897 | 3,744 | 3,586 | 3,359 | Upgrade |
Research & Development | 3,391 | 3,278 | 3,159 | 3,046 | 2,925 | 2,822 | 2,744 | 2,691 | 2,676 | 2,676 | 2,682 | 2,741 | 2,711 | 2,685 | 2,586 | 2,406 | 2,274 | 2,113 | 2,003 | 1,901 | Upgrade |
Operating Expenses | 8,581 | 8,216 | 7,914 | 7,717 | 7,545 | 7,368 | 7,267 | 7,171 | 7,054 | 6,923 | 6,832 | 6,847 | 6,814 | 6,754 | 6,672 | 6,447 | 6,171 | 5,858 | 5,589 | 5,260 | Upgrade |
Operating Income | 13,327 | 12,643 | 12,304 | 11,132 | 10,418 | 9,641 | 8,648 | 7,872 | 6,954 | 6,008 | 5,624 | 5,376 | 5,633 | 5,715 | 5,937 | 6,206 | 6,195 | 6,517 | 6,077 | 5,587 | Upgrade |
Interest Expense | -776.51 | -734.72 | -744.25 | -729.59 | -718.73 | -701.34 | -692.08 | -698.9 | -699.83 | -695.22 | -692.23 | -692.87 | -706.21 | -725.04 | -743.25 | -758.76 | -765.62 | -773.38 | -780.03 | -777.86 | Upgrade |
Interest & Investment Income | 295 | 309 | 318 | 309 | 294 | 322.03 | 325.24 | 312.2 | 281 | 220.29 | 141.07 | 87.46 | 60 | 6.51 | - | 0.77 | 8.21 | 14.06 | 22.6 | 39.95 | Upgrade |
Currency Exchange Gain (Loss) | -123 | -139 | -205 | -148 | -18 | -228 | -48 | -92 | -293 | -439 | -279 | -17 | 282 | 782 | 636 | 337 | 403 | 38 | -323 | -411 | Upgrade |
Other Non Operating Income (Expenses) | 0.46 | 11.09 | 9.94 | 1.32 | -9.22 | -54.1 | -47.41 | -42.41 | -36.77 | 2.73 | 15.13 | - | -4.69 | -2.73 | -15.13 | - | - | - | - | - | Upgrade |
Pretax Income | 12,723 | 12,089 | 11,683 | 10,565 | 9,966 | 8,980 | 8,186 | 7,351 | 6,205 | 5,097 | 4,809 | 4,753 | 5,264 | 5,775 | 5,815 | 5,785 | 5,840 | 5,796 | 4,996 | 4,438 | Upgrade |
Income Tax Expense | 1,741 | 1,658 | 1,435 | 1,295 | 1,254 | 1,199 | 1,091 | 916.03 | 797.42 | 571.16 | 563.13 | 553.51 | 772.01 | 731.38 | 719.66 | 778.33 | 723.88 | 744.71 | 604.31 | 678.94 | Upgrade |
Net Income | 10,981 | 10,431 | 10,248 | 9,270 | 8,712 | 7,781 | 7,095 | 6,435 | 5,408 | 4,525 | 4,246 | 4,200 | 4,492 | 5,044 | 5,095 | 5,007 | 5,116 | 5,051 | 4,392 | 3,759 | Upgrade |
Net Income to Common | 10,981 | 10,431 | 10,248 | 9,270 | 8,712 | 7,781 | 7,095 | 6,435 | 5,408 | 4,525 | 4,246 | 4,200 | 4,492 | 5,044 | 5,095 | 5,007 | 5,116 | 5,051 | 4,392 | 3,759 | Upgrade |
Net Income Growth | 26.05% | 34.06% | 44.44% | 44.05% | 61.09% | 71.94% | 67.08% | 53.23% | 20.39% | -10.28% | -16.66% | -16.13% | -12.20% | -0.14% | 16.01% | 33.20% | 85.28% | 79.99% | 63.79% | 68.42% | Upgrade |
Shares Outstanding (Basic) | 4,250 | 4,262 | 4,271 | 4,283 | 4,295 | 4,315 | 4,348 | 4,383 | 4,416 | 4,440 | 4,448 | 4,450 | 4,447 | 4,443 | 4,437 | 4,434 | 4,432 | 4,428 | 4,425 | 4,419 | Upgrade |
Shares Outstanding (Diluted) | 4,344 | 4,359 | 4,369 | 4,381 | 4,393 | 4,408 | 4,439 | 4,468 | 4,495 | 4,514 | 4,515 | 4,511 | 4,513 | 4,523 | 4,535 | 4,547 | 4,554 | 4,552 | 4,553 | 4,550 | Upgrade |
Shares Change (YoY) | -1.11% | -1.12% | -1.57% | -1.95% | -2.28% | -2.34% | -1.69% | -0.96% | -0.40% | -0.20% | -0.43% | -0.78% | -0.90% | -0.64% | -0.40% | -0.06% | 0.26% | 0.45% | 0.65% | 0.68% | Upgrade |
EPS (Basic) | 2.58 | 2.45 | 2.40 | 2.16 | 2.03 | 1.80 | 1.63 | 1.47 | 1.22 | 1.02 | 0.95 | 0.94 | 1.01 | 1.14 | 1.15 | 1.13 | 1.15 | 1.14 | 0.99 | 0.85 | Upgrade |
EPS (Diluted) | 2.53 | 2.39 | 2.35 | 2.12 | 1.98 | 1.77 | 1.60 | 1.44 | 1.20 | 1.00 | 0.94 | 0.93 | 0.99 | 1.12 | 1.12 | 1.10 | 1.12 | 1.11 | 0.97 | 0.83 | Upgrade |
EPS Growth | 27.78% | 35.54% | 46.83% | 46.84% | 65.00% | 76.17% | 69.96% | 54.95% | 20.60% | -10.18% | -16.37% | -15.60% | -11.48% | 0.60% | 16.47% | 33.30% | 84.87% | 79.13% | 62.98% | 67.25% | Upgrade |
Free Cash Flow | 9,461 | 8,967 | 8,501 | 7,446 | 6,922 | 7,125 | 6,819 | 6,946 | 6,926 | 5,677 | 4,260 | 2,934 | 1,619 | 717.01 | 160.21 | -26.56 | -131.98 | 151.25 | 1,390 | 2,464 | Upgrade |
Free Cash Flow Per Share | 2.18 | 2.06 | 1.95 | 1.70 | 1.58 | 1.62 | 1.54 | 1.55 | 1.54 | 1.26 | 0.94 | 0.65 | 0.36 | 0.16 | 0.04 | -0.01 | -0.03 | 0.03 | 0.30 | 0.54 | Upgrade |
Gross Margin | 48.49% | 48.09% | 48.49% | 46.92% | 46.06% | 45.25% | 43.84% | 43.06% | 41.54% | 39.49% | 38.77% | 38.30% | 39.37% | 39.62% | 40.63% | 41.62% | 41.64% | 43.22% | 42.29% | 41.10% | Upgrade |
Operating Margin | 29.49% | 29.14% | 29.51% | 27.71% | 26.71% | 25.65% | 23.82% | 22.54% | 20.62% | 18.35% | 17.51% | 16.85% | 17.82% | 18.16% | 19.13% | 20.41% | 20.86% | 22.76% | 22.03% | 21.17% | Upgrade |
Profit Margin | 24.30% | 24.05% | 24.58% | 23.07% | 22.34% | 20.70% | 19.54% | 18.42% | 16.04% | 13.82% | 13.22% | 13.16% | 14.21% | 16.03% | 16.42% | 16.47% | 17.23% | 17.64% | 15.92% | 14.24% | Upgrade |
Free Cash Flow Margin | 20.94% | 20.67% | 20.39% | 18.54% | 17.75% | 18.96% | 18.78% | 19.88% | 20.54% | 17.34% | 13.26% | 9.19% | 5.12% | 2.28% | 0.52% | -0.09% | -0.44% | 0.53% | 5.04% | 9.33% | Upgrade |
EBITDA | 13,660 | 12,970 | 12,624 | 11,454 | 10,747 | 9,977 | 8,994 | 8,226 | 7,311 | 6,372 | 5,983 | 5,728 | 5,970 | 6,022 | 6,229 | 6,454 | 6,403 | 6,693 | 6,211 | 5,710 | Upgrade |
EBITDA Margin | 30.23% | 29.90% | 30.28% | 28.51% | 27.56% | 26.54% | 24.77% | 23.55% | 21.68% | 19.46% | 18.62% | 17.95% | 18.88% | 19.13% | 20.08% | 21.23% | 21.56% | 23.38% | 22.52% | 21.63% | Upgrade |
D&A For EBITDA | 333.39 | 326.95 | 320.53 | 321.75 | 328.91 | 335.94 | 345.69 | 353.85 | 356.95 | 363.77 | 358.3 | 352.42 | 336.68 | 307.28 | 292.34 | 247.27 | 208.41 | 176.37 | 134.71 | 122.93 | Upgrade |
EBIT | 13,327 | 12,643 | 12,304 | 11,132 | 10,418 | 9,641 | 8,648 | 7,872 | 6,954 | 6,008 | 5,624 | 5,376 | 5,633 | 5,715 | 5,937 | 6,206 | 6,195 | 6,517 | 6,077 | 5,587 | Upgrade |
EBIT Margin | 29.49% | 29.14% | 29.51% | 27.71% | 26.71% | 25.65% | 23.82% | 22.54% | 20.62% | 18.35% | 17.51% | 16.85% | 17.82% | 18.16% | 19.13% | 20.41% | 20.86% | 22.76% | 22.03% | 21.17% | Upgrade |
Effective Tax Rate | 13.69% | 13.71% | 12.28% | 12.26% | 12.58% | 13.35% | 13.33% | 12.46% | 12.85% | 11.21% | 11.71% | 11.64% | 14.67% | 12.66% | 12.38% | 13.45% | 12.39% | 12.85% | 12.10% | 15.30% | Upgrade |
Advertising Expenses | 2,001 | - | - | - | 1,779 | - | - | - | 1,732 | - | - | - | 1,586 | - | - | - | 1,669 | - | - | - | Upgrade |
Updated Jan 20, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.