NFLX

Netflix
D

NFLX

Arincen91/100B

Netflix income statement 2000–2026

49.73B USD over the last twelve months, and 45.18B USD in fiscal year 2025.

Revenue Operating income Net income

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Fiscal year
TTM
30 Sept 2026
FY2025
31 Dec 2025
FY2024
31 Dec 2024
FY2023
31 Dec 2023
FY2022
31 Dec 2022
FY2021
31 Dec 2021
FY2020
31 Dec 2020
FY2019
31 Dec 2019
FY2018
31 Dec 2018
FY2017
31 Dec 2017
FY2016
31 Dec 2016
Revenue
49.73B45.18B39.00B33.72B31.62B29.70B25.00B20.16B15.79B11.69B8.83B
Revenue growth
+14.65%+15.85%+15.65%+6.67%+6.46%+18.81%+24.01%+27.62%+35.08%+32.41%+30.26%
Cost of revenue
24.53B23.28B21.04B19.72B19.17B17.33B15.28B12.44B9.97B7.66B6.03B
Gross profit
25.21B21.91B17.96B14.01B12.45B12.37B9.72B7.72B5.83B4.03B2.80B
Gross margin
50.68%48.49%46.06%41.54%39.37%41.64%38.89%38.28%36.89%34.49%31.72%
Research and development
3.89B3.39B2.93B2.68B2.71B2.27B1.83B1.55B1.22B1.05B852.10M
Selling, general and administrative
5.75B5.19B4.62B4.38B4.10B3.90B3.30B3.57B3.00B2.14B1.57B
Operating expenses
9.64B8.58B7.54B7.05B6.81B6.17B5.13B5.11B4.22B3.19B2.42B
15.56B13.33B10.42B6.95B5.63B6.19B4.59B2.60B1.61B838.68M379.79M
Operating income growth
+23.11%+27.92%+49.81%+23.45%-9.07%+35.10%+76.07%+62.24%+91.40%+120.83%+24.19%
Operating margin
31.30%29.49%26.71%20.62%17.82%20.86%18.34%12.92%10.16%7.17%4.30%
Interest income
2.99B172.46M266.78M—337.31M411.21M—84.00M41.73M—30.83M
Interest expense
856.86M776.51M718.73M748.60M706.21M765.62M1.39B626.02M420.49M353.36M150.11M
Other non-operating income
2.14B-604.05M-451.96M-748.60M-368.90M-354.41M-1.39B-542.02M-378.77M-353.36M-119.29M
Pretax income
17.70B12.72B9.97B6.21B5.26B5.84B3.20B2.06B1.23B485.32M260.51M
Income tax
2.93B1.74B1.25B797.42M772.01M723.88M437.95M195.32M15.22M-73.61M73.83M
Effective tax rate
16.57%13.69%12.58%12.85%14.67%12.39%13.69%9.47%1.24%-15.17%28.34%
14.77B10.98B8.71B5.41B4.49B5.12B2.76B1.87B1.21B558.93M186.68M
Net income growth
+41.56%+26.05%+61.09%+20.39%-12.20%+85.28%+47.91%+54.13%+116.71%+199.41%+52.22%
Net margin
29.69%24.30%22.34%16.04%14.21%17.23%11.05%9.26%7.67%4.78%2.11%
Basic shares
4.19B4.23B4.30B4.42B4.45B4.43B4.41B4.38B4.35B4.32B4.29B
Diluted shares
4.27B4.34B4.39B4.49B4.51B4.55B4.54B4.52B4.51B4.47B4.39B
Change in diluted shares
-2.09%-1.11%-2.28%-0.40%-0.90%+0.26%+0.54%+0.12%+0.99%+1.86%+0.50%
EPS (basic)
3.522.582.031.231.011.160.630.430.280.130.04
EPS (diluted)
3.462.531.981.201.001.120.610.410.270.130.04
EPS growth
+44.17%+27.78%+65.00%+20.00%-10.71%+83.61%+47.70%+54.10%+114.40%+190.70%+53.57%
EBITDA
36.48B30.25B26.31B21.51B20.33B19.04B15.51B12.01B9.26B7.11B5.34B
EBITDA margin
73.35%66.96%67.47%63.78%64.31%64.13%62.04%59.57%58.64%60.79%60.42%
EBIT
18.56B13.50B10.68B6.95B5.97B6.61B4.59B2.69B1.65B838.68M410.62M

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Figures underlined with dots are from the company's SEC filings, where our data provider's differ.

Common questions about Netflix's income statement

Source: Financial Modeling PrepVerified against SEC filings