NFLX
Netflix, Inc.
Stock
$69.23−1.92 (−2.70%)Close Sep 28, 2026
Income statement
| Line | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.4B | $45.2B | $39.0B | $33.7B | $31.6B | $29.7B | $25.0B | $20.2B | $15.8B | $11.7B | $8.8B | $6.8B | $5.5B | $4.4B | $3.6B | $3.2B | $2.2B | $1.7B | $1.4B | $1.2B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $2.0B | $1.4B | $1.1B | $910M | $786M |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $1.2B | $805M | $591M | $454M | $419M |
| R&D | $3.7B | $3.4B | $2.9B | $2.7B | $2.7B | $2.3B | $1.8B | $1.7B | $1.2B | $981M | $768M | $570M | $398M | $379M | $329M | $259M | $163M | $115M | $90M | $71M |
| SG&A | $5.7B | $5.2B | $4.6B | $4.4B | $4.1B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other operating expenses | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $530M | $358M | $285M | $243M | $256M |
| Operating income | $14.4B | $13.3B | $10.4B | $7.0B | $5.6B | $6.2B | $4.6B | $2.6B | $1.6B | $839M | $380M | $306M | $403M | $228M | $50M | $376M | $284M | $192M | $122M | $92M |
| Non-operating income | $2.1B | −$604M | −$452M | −$749M | −$369M | −$354M | −$1.4B | −$542M | −$379M | −$353M | −$119M | −$164M | −$53M | −$57M | −$20M | −$17M | −$16M | $253K | $10.0M | $19M |
| Pretax income | $16.5B | $12.7B | $10.0B | $6.2B | $5.3B | $5.8B | $3.2B | $2.1B | $1.2B | $485M | $261M | $142M | $349M | $171M | $30M | $360M | $268M | $192M | $132M | $111M |
| Taxes | $2.8B | $1.7B | $1.3B | $797M | $772M | $724M | $438M | $195M | $15M | −$74M | $74M | $19M | $83M | $59M | $13M | $133M | $107M | $76M | $48M | $44M |
| Net income | $13.6B | $11.0B | $8.7B | $5.4B | $4.5B | $5.1B | $2.8B | $1.9B | $1.2B | $559M | $187M | $123M | $267M | $112M | $17M | $226M | $161M | $116M | $83M | $67M |
| Diluted EPS | $3.18 | $2.53 | $1.98 | $1.20 | $1.00 | $1.12 | $0.61 | $0.41 | $0.27 | $0.13 | $0.04 | $0.03 | $0.06 | $0.03 | $0.00 | $0.06 | $0.04 | $0.03 | $0.02 | $0.01 |
| Diluted shares | — | 4.34B | 4.39B | 4.49B | 4.51B | 4.55B | 4.54B | 4.52B | 4.51B | 4.47B | 4.39B | 4.36B | 4.32B | 4.25B | 4.12B | 3.81B | 3.80B | 4.09B | 4.40B | 4.82B |
| Revenue growth | — | +15.9% | +15.6% | +6.7% | +6.5% | +18.8% | +24.0% | +27.6% | +35.1% | +32.4% | +30.3% | +23.2% | +25.8% | +21.2% | +12.6% | +48.2% | +29.5% | +22.4% | +13.2% | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 36.3% | 37.2% | 35.4% | 33.3% | 34.8% |
| Operating margin | 29.7% | 29.5% | 26.7% | 20.6% | 17.8% | 20.9% | 18.3% | 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% |
| Net margin | 28.2% | 24.3% | 22.3% | 16.0% | 14.2% | 17.2% | 11.0% | 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% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.