NetFlix financials
$70.30+1.55%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $45.18B | $39.00B | $33.72B | $31.62B | $29.70B | $25.00B | $20.16B | $15.79B | $11.69B | $8.83B |
| Gross profit | $21.91B | $17.96B | $14.01B | $12.45B | $12.37B | $9.72B | $7.72B | $5.83B | $3.66B | $2.57B |
| Gross margin | 48.5% | 46.1% | 41.5% | 39.4% | 41.6% | 38.9% | 38.3% | 36.9% | 31.3% | 29.1% |
| Operating income | $13.33B | $10.42B | $6.95B | $5.63B | $6.19B | $4.59B | $2.60B | $1.61B | $838.7M | $379.8M |
| Net income | $10.98B | $8.71B | $5.41B | $4.49B | $5.12B | $2.76B | $1.87B | $1.21B | $558.9M | $186.7M |
| Net margin | 24.3% | 22.3% | 16.0% | 14.2% | 17.2% | 11.0% | 9.3% | 7.7% | 4.8% | 2.1% |
| Diluted EPS | $2.53 | $1.98 | $1.20 | $0.99 | $1.12 | $0.61 | $0.41 | $0.27 | $0.13 | $0.04 |
| EBITDA | $30.08B | $26.05B | $21.51B | $5.97B | $18.63B | $15.51B | $11.92B | $9.22B | $7.11B | $5.30B |
| Operating cash flow | $10.15B | $7.36B | $7.27B | $2.03B | $392.6M | $2.43B | -$2.89B | -$2.68B | -$1.79B | -$1.47B |
| Free cash flow | $9.46B | $6.92B | $6.93B | $1.62B | -$132.0M | $1.93B | -$3.14B | -$2.85B | -$1.96B | -$1.58B |
| Diluted shares | 4,343.9M | 4,392.6M | 4,495.0M | 4,512.9M | 4,553.7M | 4,542.1M | 4,517.7M | 4,512.4M | 4,468.1M | 4,386.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $9.03B | $7.80B | $7.12B | $5.15B | $6.03B | $8.21B |
| Short-term investments | $28.7M | $1.78B | $21.0M | $911.3M | $0.00 | $0.00 |
| Total debt | $14.46B | $15.58B | $14.54B | $14.35B | $18.49B | $16.31B |
| Total assets | $55.60B | $53.63B | $48.73B | $48.59B | $44.58B | $39.28B |
| Total liabilities | $28.98B | $28.89B | $28.14B | $27.82B | $28.74B | $28.22B |
| Shareholders' equity | $26.62B | $24.74B | $20.59B | $20.78B | $15.85B | $11.07B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology