NETFLIX INC (NFLX)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue11,510,307,000$11,079,166,000$10,542,801,000$10,246,513,000$9,824,703,000$9,559,310,000$9,370,440,000$8,832,825,000$8,541,668,000$8,187,301,000$8,161,503,000$7,852,053,000$7,925,589,000$7,970,141,000$7,867,767,000$7,709,318,000$7,483,467,000$7,341,777,000$7,163,282,000$6,644,442,000$6,435,637,000$6,148,286,000$5,767,691,000$5,467,434,000$5,244,905,000$4,923,116,000$4,520,992,000$4,186,841,000$3,999,374,000$3,907,270,000$3,700,856,000$3,285,755,000$2,984,859,000$2,785,464,000$2,636,635,000$2,477,541,000$2,290,188,000$2,105,204,000$1,957,736,000$1,823,333,000$1,738,355,000$1,644,694,000$1,573,129,000$1,484,728,000$1,409,432,000$1,340,407,000$1,270,089,000$1,175,230,000$
QoQ%3.89%5.09%2.89%4.29%2.78%2.02%6.09%3.41%4.33%.32%3.94%(.93%)(.56%)1.30%2.06%3.02%1.93%2.49%7.81%3.25%4.67%6.60%5.49%4.24%6.54%8.90%7.98%4.69%2.36%5.58%12.63%10.08%7.16%5.65%6.42%8.18%8.79%7.53%7.37%4.89%5.70%4.55%5.95%5.34%5.15%5.54%8.07%6.26%
YoY%17.16%15.90%12.51%16.01%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%21.53%22.70%24.89%27.58%30.59%31.14%26.00%22.16%27.42%33.99%40.27%40.36%32.62%30.33%32.31%34.68%35.88%31.75%28.00%24.45%22.81%23.34%22.70%23.86%26.34%27.44%25.35%24.04%24.33%
Cost Of Revenue6,164,250,000$5,325,311,000$5,263,147,000$5,767,364,000$5,119,884,000$5,174,143,000$4,977,073,000$5,307,485,000$4,930,788,000$4,673,470,000$4,803,625,000$5,404,160,000$4,788,665,000$4,690,755,000$4,284,705,000$5,239,575,000$4,206,589,000$4,018,008,000$3,868,511,000$4,165,160,000$3,867,751,000$3,643,707,000$3,599,701,000$3,466,023,000$3,097,919,000$3,005,657,000$2,870,614,000$2,733,400,000$2,531,128,000$2,402,431,000$2,300,579,000$2,214,334,000$2,086,239,000$1,991,696,000$1,740,731,000$1,719,716,000$1,593,768,000$1,525,397,000$1,418,581,000$1,249,365,000$1,173,958,000$1,121,752,000$1,046,401,000$1,014,332,000$954,394,000$914,848,000$869,186,000$820,677,000$
Gross Profit5,346,057,000$5,753,855,000$5,279,654,000$4,479,149,000$4,704,819,000$4,385,167,000$4,393,367,000$3,525,340,000$3,610,880,000$3,513,831,000$3,357,878,000$2,447,893,000$3,136,924,000$3,279,386,000$3,583,062,000$2,469,743,000$3,276,878,000$3,323,769,000$3,294,771,000$2,479,282,000$2,567,886,000$2,504,579,000$2,167,990,000$2,001,411,000$2,146,986,000$1,917,459,000$1,650,378,000$1,453,441,000$1,468,246,000$1,504,839,000$1,400,277,000$1,071,421,000$898,620,000$793,768,000$895,904,000$823,122,000$757,344,000$632,106,000$588,196,000$573,968,000$564,397,000$522,942,000$526,728,000$470,396,000$455,038,000$425,559,000$400,903,000$354,553,000$
Gross Margin46.45%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%37.31%39.90%40.74%37.59%36.61%40.94%38.95%36.51%34.72%36.71%38.51%37.84%32.61%30.11%28.50%33.98%33.22%33.07%30.03%30.05%31.48%32.47%31.80%33.48%31.68%32.29%31.75%31.57%30.17%
Operating Expenses2,097,810,000$1,979,161,000$1,932,655,000$2,206,383,000$1,795,342,000$1,782,330,000$1,760,833,000$2,029,231,000$1,694,486,000$1,686,648,000$1,643,561,000$1,897,989,000$1,603,906,000$1,701,103,000$1,611,436,000$1,837,973,000$1,521,625,000$1,476,139,000$1,334,915,000$1,525,040,000$1,253,023,000$1,146,651,000$1,209,734,000$1,542,899,000$1,166,747,000$1,211,040,000$1,191,294,000$1,237,674,000$987,578,000$1,042,626,000$953,699,000$826,118,000$689,993,000$665,961,000$638,962,000$669,188,000$651,308,000$561,736,000$538,743,000$514,074,000$490,756,000$448,107,000$429,272,000$405,350,000$344,631,000$295,959,000$303,308,000$272,265,000$
Operating Income3,248,247,000$3,774,694,000$3,346,999,000$2,272,766,000$2,909,477,000$2,602,837,000$2,632,534,000$1,496,109,000$1,916,394,000$1,827,183,000$1,714,317,000$549,904,000$1,533,018,000$1,578,283,000$1,971,626,000$631,770,000$1,755,253,000$1,847,630,000$1,959,856,000$954,242,000$1,314,863,000$1,357,928,000$958,256,000$458,512,000$980,239,000$706,419,000$459,084,000$215,767,000$480,668,000$462,213,000$446,578,000$245,303,000$208,627,000$127,807,000$256,942,000$153,934,000$106,036,000$70,370,000$49,453,000$59,894,000$73,641,000$74,835,000$97,456,000$65,046,000$110,407,000$129,600,000$97,595,000$82,288,000$
Operating Margin28.22%34.07%31.75%22.18%29.61%27.23%28.09%16.94%22.44%22.32%21.01%7.00%19.34%19.80%25.06%8.20%23.46%25.17%27.36%14.36%20.43%22.09%16.61%8.39%18.69%14.35%10.15%5.15%12.02%11.83%12.07%7.47%6.99%4.59%9.75%6.21%4.63%3.34%2.53%3.29%4.24%4.55%6.20%4.38%7.83%9.67%7.68%7.00%
Interest Income
Interest Expenses184,830,000$167,986,000$173,314,000$175,212,000$175,563,000$174,812,000$174,239,000$170,603,000$172,575,000$175,455,000$187,579,000$189,429,000$190,429,000$191,322,000$194,440,000$197,186,000$197,079,000$189,151,000$184,083,000$177,801,000$160,660,000$152,033,000$135,529,000$128,807,000$108,862,000$101,605,000$81,219,000$75,292,000$60,688,000$55,482,000$46,742,000$43,586,000$35,536,000$35,455,000$35,537,000$35,429,000$35,333,000$35,217,000$26,737,000$13,353,000$13,486,000$13,328,000$10,052,000$7,438,000$
Income Before Tax3,109,410,000$3,631,675,000$3,213,726,000$2,134,268,000$2,702,954,000$2,513,856,000$2,614,579,000$1,148,150,000$1,909,049,000$1,679,332,000$1,468,874,000$39,336,000$1,621,847,000$1,623,054,000$1,979,692,000$550,853,000$1,660,959,000$1,593,789,000$2,034,502,000$506,417,000$861,460,000$1,035,602,000$795,870,000$149,333,000$1,012,323,000$500,916,000$399,659,000$119,396,000$378,810,000$428,636,000$299,616,000$131,330,000$116,237,000$13,962,000$223,792,000$90,269,000$79,127,000$51,232,000$39,879,000$20,731,000$42,238,000$40,490,000$38,426,000$45,516,000$97,537,000$117,372,000$88,944,000$74,004,000$
Tax Expenses562,494,000$506,262,000$323,375,000$265,661,000$339,445,000$366,550,000$282,370,000$210,312,000$231,627,000$191,722,000$163,754,000$(15,948,000$)223,605,000$182,103,000$382,245,000$(56,576,000$)211,888,000$240,776,000$327,787,000$(35,739,000$)71,484,000$315,406,000$86,803,000$(437,637,000$)347,079,000$230,266,000$55,607,000$(14,538,000$)(24,025,000$)44,287,000$9,492,000$79,100,000$(13,353,000$)(51,638,000$)45,570,000$23,521,000$27,610,000$10,477,000$12,221,000$(22,447,000$)12,806,000$14,155,000$14,730,000$(37,855,000$)38,242,000$46,354,000$35,829,000$25,583,000$
Net Income2,546,916,000$3,125,413,000$2,890,351,000$1,868,607,000$2,363,509,000$2,147,306,000$2,332,209,000$937,838,000$1,677,422,000$1,487,610,000$1,305,120,000$55,284,000$1,398,242,000$1,440,951,000$1,597,447,000$607,429,000$1,449,071,000$1,353,013,000$1,706,715,000$542,156,000$789,976,000$720,196,000$709,067,000$586,970,000$665,244,000$270,650,000$344,052,000$133,934,000$402,835,000$384,349,000$290,124,000$185,517,000$129,590,000$65,600,000$178,222,000$66,748,000$51,517,000$40,755,000$27,658,000$43,178,000$29,432,000$26,335,000$23,696,000$83,371,000$59,295,000$71,018,000$53,115,000$48,421,000$
Profit Margin22.13%28.21%27.42%18.24%24.06%22.46%24.89%10.62%19.64%18.17%15.99%.70%17.64%18.08%20.30%7.88%19.36%18.43%23.83%8.16%12.28%11.71%12.29%10.74%12.68%5.50%7.61%3.20%10.07%9.84%7.84%5.65%4.34%2.36%6.76%2.69%2.25%1.94%1.41%2.37%1.69%1.60%1.51%5.62%4.21%5.30%4.18%4.12%
TTM24.05%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%11.05%11.78%11.85%10.43%9.26%7.49%6.53%7.62%7.67%8.48%7.13%5.26%4.78%4.04%3.55%3.55%2.11%2.00%1.85%1.77%1.81%2.53%3.15%4.09%4.85%4.46%4.18%3.52%2.57%
Earnings to Minority
Earnings to Common Shareholders2,546,916,000$3,125,413,000$2,890,351,000$1,868,607,000$2,363,509,000$2,147,306,000$2,332,209,000$937,838,000$1,677,422,000$1,487,610,000$1,305,120,000$55,284,000$1,398,242,000$1,440,951,000$1,597,447,000$607,429,000$1,449,071,000$1,353,013,000$1,706,715,000$542,156,000$789,976,000$720,196,000$709,067,000$586,970,000$665,244,000$270,650,000$344,052,000$133,934,000$402,835,000$384,349,000$290,124,000$185,517,000$129,590,000$65,600,000$178,222,000$66,748,000$51,517,000$40,755,000$27,658,000$43,178,000$29,432,000$26,335,000$23,696,000$83,371,000$59,295,000$71,018,000$53,115,000$48,421,000$
QoQ%(18.51%)8.13%54.68%(20.94%)10.07%(7.93%)148.68%(44.09%)12.76%13.98%2,260.76%(96.05%)(2.96%)(9.80%)162.99%(58.08%)7.10%(20.72%)214.80%(31.37%)9.69%1.57%20.80%(11.77%)145.80%(21.34%)156.88%(66.75%)4.81%32.48%56.39%43.16%97.55%(63.19%)167.01%29.57%26.41%47.35%(35.94%)46.70%11.76%11.14%(71.58%)40.60%(16.51%)33.71%9.69%52.16%
YoY%7.76%45.55%23.93%99.25%40.90%44.35%78.70%1,596.40%19.97%3.24%(18.30%)(90.90%)(3.51%)6.50%(6.40%)12.04%83.43%87.87%140.70%(7.64%)18.75%166.10%106.09%338.25%65.14%(29.58%)18.59%(27.81%)210.85%485.90%62.79%177.94%151.55%60.96%544.38%54.59%75.04%54.76%16.72%(48.21%)(50.36%)(62.92%)(55.39%)72.18%86.33%140.98%1,875.27%513.16%
Earnings Per Share, Basic6.00$7.35$6.76$4.37$5.52$4.99$5.40$2.15$3.80$3.35$2.93$0.12$3.14$3.24$3.60$1.37$3.27$3.05$3.85$1.23$1.79$1.63$1.61$1.34$1.52$0.62$0.79$0.31$0.92$0.88$0.67$0.43$0.30$0.15$0.41$0.16$0.12$0.10$0.06$0.10$0.07$0.06$0.06$0.11$0.14$0.17$0.89$0.03$
Earnings Per Share, Diluted5.87$7.19$6.61$4.27$5.40$4.88$5.28$2.11$3.73$3.29$2.88$0.12$3.10$3.20$3.53$1.33$3.19$2.97$3.75$1.19$1.74$1.59$1.57$1.30$1.47$0.60$0.76$0.30$0.89$0.85$0.64$0.41$0.29$0.15$0.40$0.15$0.12$0.09$0.06$0.10$0.07$0.06$0.05$0.10$0.14$0.16$0.86$0.03$
Unlevered FCF Per Share, Basic6.27$5.33$6.23$3.22$5.12$2.82$4.95$3.63$4.28$3.02$4.75$0.75$1.06$0.03$1.80$(1.28$)(0.19$)(0.39$)1.57$(0.65$)2.61$2.04$0.37$(3.58$)(1.25$)(1.33$)(1.01$)(2.99$)(1.67$)(1.25$)(0.63$)(1.18$)(1.05$)(1.39$)(0.92$)(1.44$)(1.14$)(0.55$)(0.55$)(0.60$)(0.55$)(0.49$)(0.33$)(0.07$)(0.14$)0.09$0.38$0.01$
Unlevered FCF Per Share, Diluted6.13$5.21$6.09$3.15$5.01$2.76$4.84$3.56$4.20$2.97$4.68$0.74$1.05$0.03$1.77$(1.25$)(0.19$)(0.38$)1.53$(0.63$)2.54$1.98$0.36$(3.48$)(1.21$)(1.29$)(0.97$)(2.89$)(1.61$)(1.21$)(0.61$)(1.14$)(1.01$)(1.34$)(0.89$)(1.40$)(1.12$)(0.54$)(0.54$)(0.59$)(0.53$)(0.48$)(0.32$)(0.07$)(0.14$)0.08$0.37$0.01$
Average Shares, Basic424,455,000425,211,000427,270,000427,682,000428,239,000430,065,000432,090,000435,622,000441,537,000443,881,000445,244,000445,211,000444,878,000444,557,000444,146,000443,459,000442,778,000443,159,000443,224,000442,241,000441,526,000440,569,000439,352,000438,572,000438,090,000437,587,000436,947,000436,416,000435,809,000435,097,000434,174,000433,140,000432,404,000431,396,000430,600,000429,751,000428,937,000428,483,000428,117,000427,723,000426,869,000425,340,000423,624,000781,191,000421,194,000419,974,00059,817,0001,456,268,000
Average Shares, Diluted434,039,000434,883,000436,962,000437,753,000437,898,000439,739,000441,654,000443,992,000450,011,000451,572,000452,417,000451,663,000450,344,000450,169,000452,984,000455,793,000454,925,000455,129,000455,641,000455,305,000455,088,000453,945,000452,494,000451,391,000451,552,000452,195,000451,922,000451,146,000451,919,000451,552,000450,359,000448,174,000447,362,000446,262,000445,458,000440,072,000438,389,000438,154,000437,993,000438,312,000437,606,000436,097,000433,809,000801,845,000432,742,000431,441,00061,548,0001,519,582,000
EBIT3,109,410,000$3,631,675,000$3,213,726,000$2,134,268,000$2,887,784,000$2,681,842,000$2,787,893,000$1,323,362,000$2,084,612,000$1,854,144,000$1,643,113,000$209,939,000$1,794,422,000$1,798,509,000$2,167,271,000$740,282,000$1,851,388,000$1,785,111,000$2,228,942,000$703,603,000$1,058,539,000$1,224,753,000$979,953,000$327,134,000$1,172,983,000$652,949,000$535,188,000$248,203,000$487,672,000$530,241,000$380,835,000$206,622,000$176,925,000$69,444,000$270,534,000$133,855,000$114,663,000$86,687,000$75,416,000$56,160,000$77,571,000$75,707,000$65,163,000$58,869,000$111,023,000$130,700,000$98,996,000$81,442,000$
EBITDA3,196,736,000$3,711,688,000$3,293,793,000$2,213,807,000$2,968,698,000$2,763,069,000$2,875,127,000$1,409,929,000$2,175,272,000$1,943,529,000$1,733,448,000$303,326,000$1,879,610,000$1,882,014,000$2,241,873,000$804,266,000$1,921,641,000$1,823,545,000$2,264,683,000$735,546,000$1,087,128,000$1,251,414,000$1,008,470,000$354,952,000$1,199,687,000$678,445,000$558,749,000$271,422,000$508,833,000$549,977,000$399,876,000$225,695,000$196,163,000$87,995,000$285,583,000$148,044,000$129,073,000$100,818,000$90,214,000$71,648,000$93,618,000$91,288,000$80,330,000$73,181,000$125,380,000$143,677,000$111,378,000$94,287,000$