NFLX
Netflix Inc
NASDAQ: NFLX · COMMUNICATION SERVICES · ENTERTAINMENT
$93.61
+1.62% today
Updated 2026-04-30
Market cap
$394.17B
P/E ratio
30.20
P/S ratio
8.41x
EPS (TTM)
$3.10
Dividend yield
—
52W range
$75 – $134
Volume
46.3M
Netflix Inc (NFLX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $996.66M | $1.21B | $1.36B | $1.67B | $2.16B | $3.20B | $3.61B | $4.37B | $5.50B | $6.78B | $8.83B | $11.69B | $15.79B | $20.16B | $25.00B | $29.70B | $31.62B | $33.72B | $39.00B | $45.18B |
| Revenue growth (YoY) | — | +20.9% | +13.2% | +22.4% | +29.5% | +48.2% | +12.6% | +21.2% | +25.8% | +23.2% | +30.3% | +32.4% | +35.1% | +27.6% | +24.0% | +18.8% | +6.5% | +6.7% | +15.6% | +15.9% |
| Cost of revenue | $626.99M | $786.17M | $910.23M | $1.08B | $1.36B | $2.04B | $2.63B | $3.08B | $3.75B | $4.59B | $6.03B | $7.66B | $9.97B | $12.44B | $15.28B | $17.33B | $19.17B | $19.72B | $21.04B | $23.28B |
| Gross profit | $369.68M | $419.17M | $454.43M | $591.00M | $805.27M | $1.16B | $983.42M | $1.29B | $1.75B | $2.19B | $2.80B | $4.03B | $5.83B | $7.72B | $9.72B | $12.37B | $12.45B | $14.01B | $17.96B | $21.91B |
| Gross margin | 37.1% | 34.8% | 33.3% | 35.4% | 37.2% | 36.3% | 27.2% | 29.5% | 31.8% | 32.3% | 31.7% | 34.5% | 36.9% | 38.3% | 38.9% | 41.6% | 39.4% | 41.5% | 46.1% | 48.5% |
| R&D | $48.38M | $71.39M | $89.87M | $114.54M | $163.33M | $259.03M | $329.01M | $378.77M | $472.32M | $650.79M | $852.10M | $1.05B | $1.22B | $1.55B | $1.83B | $2.27B | $2.71B | $2.68B | $2.93B | $3.39B |
| SG&A | $36.16M | $52.53M | $49.66M | $51.33M | $70.56M | $117.94M | $119.69M | $180.30M | $269.74M | $407.33M | $577.80M | $863.57M | $630.29M | $914.37M | $1.08B | $1.35B | $1.57B | $1.72B | $1.70B | $1.89B |
| Operating income | $64.41M | $91.16M | $121.51M | $191.94M | $283.64M | $376.07M | $49.99M | $228.35M | $402.65M | $305.83M | $379.79M | $838.68M | $1.61B | $2.60B | $4.59B | $6.19B | $5.63B | $6.95B | $10.42B | $13.33B |
| Operating margin | 6.5% | 7.6% | 8.9% | 11.5% | 13.1% | 11.7% | 1.4% | 5.2% | 7.3% | 4.5% | 4.3% | 7.2% | 10.2% | 12.9% | 18.3% | 20.9% | 17.8% | 20.6% | 26.7% | 29.5% |
| EBITDA | $221.55M | $316.15M | $376.17M | $236.71M | $626.02M | $1.22B | $1.75B | $2.44B | $3.18B | $3.85B | $5.34B | $7.11B | $9.26B | $12.01B | $15.51B | $19.04B | $20.33B | $21.51B | $24.88B | $30.25B |
| EBITDA margin | 22.2% | 26.2% | 27.6% | 14.2% | 28.9% | 38.0% | 48.6% | 55.9% | 57.9% | 56.8% | 60.4% | 60.8% | 58.6% | 59.6% | 62.0% | 64.1% | 64.3% | 63.8% | 63.8% | 67.0% |
| EBIT | $64.41M | $91.16M | $133.96M | $198.67M | $287.32M | $379.55M | $50.47M | $203.22M | $402.65M | $305.83M | $410.62M | $838.68M | $1.65B | $2.69B | $4.59B | $6.61B | $5.97B | $6.95B | $9.25B | $13.50B |
| Interest expense | $0.00 | $20.34M | $2.46M | $6.47M | $19.63M | $20.02M | $19.99M | $32.14M | $53.28M | $163.94M | $150.11M | $353.36M | $420.49M | $626.02M | $1.39B | $765.62M | $706.21M | $699.83M | $718.73M | $776.51M |
| Income tax | $31.24M | $44.55M | $48.47M | $76.33M | $106.84M | $133.40M | $13.33M | $58.67M | $82.57M | $19.24M | $73.83M | $-73.61M | $15.22M | $195.31M | $437.95M | $723.88M | $772.00M | $-797.41M | $1.25B | $1.74B |
| Effective tax rate | 38.9% | 40.0% | 36.9% | 39.7% | 39.9% | 37.1% | 43.7% | 34.3% | 23.6% | 13.6% | 28.3% | -15.2% | 1.2% | 9.5% | 13.7% | 12.4% | 14.7% | -17.3% | 12.6% | 13.7% |
| Net income | $49.08M | $66.95M | $83.03M | $115.86M | $160.85M | $226.13M | $17.15M | $112.40M | $266.80M | $122.64M | $186.68M | $558.93M | $1.21B | $1.87B | $2.76B | $5.12B | $4.49B | $5.41B | $8.71B | $10.98B |
| Net income growth (YoY) | — | +36.4% | +24.0% | +39.5% | +38.8% | +40.6% | -92.4% | +555.3% | +137.4% | -54.0% | +52.2% | +199.4% | +116.7% | +54.1% | +47.9% | +85.3% | -12.2% | +20.4% | +61.1% | +26.1% |
| Profit margin | 4.9% | 5.6% | 6.1% | 6.9% | 7.4% | 7.1% | 0.5% | 2.6% | 4.8% | 1.8% | 2.1% | 4.8% | 7.7% | 9.3% | 11.0% | 17.2% | 14.2% | 16.0% | 22.3% | 24.3% |