Technology · Internet Software/Services
Netflix, Inc.
$63.17 -1.37 (-2.12%) Pre-market $64.27 (-0.42%) ≈ ₹5,929 a share
Key numbers
- Market value
- $259.40B
- P/E (TTM)
- 18.3
- Forward P/E
- 18.7
- EPS (TTM)
- $3.46
- Dividend yield
- —
- Beta
- 1.60
- Day range
- $62.87 – $64.30
- 52-week range
- $61.39 – $116.73
- Volume
- 7,190,900
- 10-day avg volume
- $40.31M
- Revenue (TTM)
- $49.74B
- EBITDA (TTM)
- $33.49B
- Gross margin
- 50.7%
- Net margin
- 29.7%
- Return on equity
- 53.5%
- Debt / equity
- 51.7%
- Price / sales
- 5.22
- Shares out
- 4.11B
Quarterly results
Results for each quarter
Last 12 quarters from 10-Q and 10-K filings with the US SEC. Q4 = full year minus the first three quarters. Hover a bar to see the number.
Revenue and net income
Revenue · QoQ (vs last quarter)
Revenue · YoY (vs a year ago)
Net income · QoQ (vs last quarter)
Net income · YoY (vs a year ago)
| US$ | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.83B | $9.37B | $9.56B | $9.82B | $10.25B | $10.54B | $11.08B | $11.51B | $12.05B | $12.25B | $12.56B | $12.87B |
| Cost of revenue | $5.31B | $4.98B | $5.17B | $5.12B | $5.77B | $5.26B | $5.33B | $6.16B | $6.52B | $5.89B | $6.04B | $6.08B |
| Gross profit | $3.53B | $4.39B | $4.39B | $4.70B | $4.48B | $5.28B | $5.75B | $5.35B | $5.53B | $6.36B | $6.52B | $6.80B |
| Gross margin | 39.9% | 46.9% | 45.9% | 47.9% | 43.7% | 50.1% | 51.9% | 46.4% | 45.9% | 51.9% | 51.9% | 52.8% |
| Research & development | $673.34M | $702.47M | $711.25M | $735.06M | $776.51M | $822.82M | $824.68M | $853.58M | $890.30M | $959.70M | $1.01B | $1.03B |
| Operating income | $1.50B | $2.63B | $2.60B | $2.91B | $2.27B | $3.35B | $3.77B | $3.25B | $2.96B | $3.96B | $4.19B | $4.46B |
| Operating margin | 16.9% | 28.1% | 27.2% | 29.6% | 22.2% | 31.7% | 34.1% | 28.2% | 24.5% | 32.3% | 33.4% | 34.6% |
| Interest expense | $175.21M | $173.31M | $167.99M | $184.83M | $192.60M | $184.17M | $182.65M | $175.29M | $234.40M | $262.08M | $175.69M | $184.70M |
| Pre-tax income | $1.15B | $2.61B | $2.51B | $2.70B | $2.13B | $3.21B | $3.63B | $3.11B | $2.77B | $6.55B | $4.07B | $4.32B |
| Income tax | $210.31M | $282.37M | $366.55M | $339.45M | $265.66M | $323.38M | $506.26M | $562.49M | $349.22M | $1.26B | $667.17M | $652.98M |
| Net income | $937.84M | $2.33B | $2.15B | $2.36B | $1.87B | $2.89B | $3.13B | $2.55B | $2.42B | $5.28B | $3.40B | $3.66B |
| Net margin | 10.6% | 24.9% | 22.5% | 24.1% | 18.2% | 27.4% | 28.2% | 22.1% | 20.1% | 43.1% | 27.1% | 28.5% |
| EPS (diluted) | — | $5.28 | $4.88 | $5.40 | — | $0.66 | $0.72 | $0.59 | — | $1.23 | $0.80 | $0.87 |
Income statement
Results for each year
8 fiscal years from the company's 10-K filings with the US SEC.
Revenue, gross profit and net income
Revenue · YoY (vs a year ago)
Net income · YoY (vs a year ago)
EPS (diluted) · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.79B | $20.16B | $25.00B | $29.70B | $31.62B | $33.72B | $39.00B | $45.18B |
| Revenue growth | — | 27.6% | 24.0% | 18.8% | 6.5% | 6.7% | 15.6% | 15.9% |
| Cost of revenue | $9.97B | $12.44B | $15.28B | $17.33B | $19.17B | $19.72B | $21.04B | $23.28B |
| Gross profit | $5.83B | $7.72B | $9.72B | $12.37B | $12.45B | $14.01B | $17.96B | $21.91B |
| Gross margin | 36.9% | 38.3% | 38.9% | 41.6% | 39.4% | 41.5% | 46.1% | 48.5% |
| Research & development | $1.22B | $1.67B | $1.83B | $2.27B | $2.71B | $2.68B | $2.93B | $3.39B |
| Operating income | $1.61B | $2.60B | $4.59B | $6.19B | $5.63B | $6.95B | $10.42B | $13.33B |
| Operating margin | 10.2% | 12.9% | 18.3% | 20.9% | 17.8% | 20.6% | 26.7% | 29.5% |
| Depreciation & amortisation | $83.16M | $103.58M | $115.71M | $208.41M | $336.68M | $356.95M | $328.91M | $333.39M |
| Interest expense | $420.49M | $626.02M | $767.50M | $765.62M | $706.21M | $699.83M | $718.73M | $776.51M |
| Pre-tax income | $1.23B | $2.06B | $3.20B | $5.84B | $5.26B | $6.21B | $9.97B | $12.72B |
| Income tax | $15.22M | $195.32M | $437.95M | $723.88M | $772.01M | $797.42M | $1.25B | $1.74B |
| Tax rate | 1.2% | 9.5% | 13.7% | 12.4% | 14.7% | 12.9% | 12.6% | 13.7% |
| Net income | $1.21B | $1.87B | $2.76B | $5.12B | $4.49B | $5.41B | $8.71B | $10.98B |
| Net margin | 7.7% | 9.3% | 11.0% | 17.2% | 14.2% | 16.0% | 22.3% | 24.3% |
| EPS (diluted) | $2.68 | $4.13 | $6.08 | $11.24 | $9.95 | $1.20 | $1.98 | $2.53 |
Balance sheet
Assets and debt
At each fiscal year end.
Equity, debt and cash
Shareholders' equity · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $3.79B | $5.02B | $8.21B | $6.03B | $5.15B | $7.12B | $7.80B | $9.03B |
| Short-term investments | — | — | — | $0 | $911.28M | $20.97M | $1.78B | $28.68M |
| Current assets | $9.69B | $6.18B | $9.76B | $8.07B | $9.27B | $9.92B | $13.10B | $13.02B |
| Total assets | $25.97B | $33.98B | $39.28B | $44.58B | $48.59B | $48.73B | $53.63B | $55.60B |
| Current liabilities | $6.49B | $6.86B | $7.81B | $8.49B | $7.93B | $8.86B | $10.76B | $10.98B |
| Long-term debt | $10.36B | $14.76B | $15.81B | $14.69B | $14.35B | $14.14B | $13.80B | $13.46B |
| Total debt | $10.36B | $14.76B | $15.81B | $14.69B | $14.35B | $14.14B | $13.80B | $13.46B |
| Total liabilities | $20.74B | $26.39B | $28.22B | $28.74B | $27.82B | $28.14B | $28.89B | $28.98B |
| Shareholders' equity | $5.24B | $7.58B | $11.07B | $15.85B | $20.78B | $20.59B | $24.74B | $26.62B |
| Current ratio | 1.49 | 0.90 | 1.25 | 0.95 | 1.17 | 1.12 | 1.22 | 1.19 |
| Debt / equity | 1.98 | 1.95 | 1.43 | 0.93 | 0.69 | 0.69 | 0.56 | 0.51 |
| Return on equity | 23.1% | 24.6% | 25.0% | 32.3% | 21.6% | 26.3% | 35.2% | 41.3% |
Cash flow
Cash coming in and going out
Free cash flow = cash from operations minus capital spending. Shareholder returns = dividends + buybacks.
Free cash flow and shareholder returns
Operating cash flow · YoY (vs a year ago)
Free cash flow · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $-2.68B | $-2.89B | $2.43B | $392.61M | $2.03B | $7.27B | $7.36B | $10.15B |
| Capital spending | $-173.95M | $-253.04M | $-497.92M | $-524.59M | $-407.73M | $-348.55M | $-439.54M | $-688.22M |
| Free cash flow | $-2.85B | $-3.14B | $1.93B | $-131.98M | $1.62B | $6.93B | $6.92B | $9.46B |
| FCF margin | -18.1% | -15.6% | 7.7% | -0.4% | 5.1% | 20.5% | 17.7% | 20.9% |
| Stock-based pay | $320.66M | $405.38M | $415.18M | $403.22M | $575.45M | $339.37M | $272.59M | $368.45M |
| Cash from investing | $-339.12M | $-387.06M | $-505.35M | $-1.34B | $-2.08B | $541.75M | $-2.18B | $1.04B |
| Cash from financing | $4.05B | $4.51B | $1.24B | $-1.15B | $-664.25M | $-5.95B | $-4.07B | $-10.35B |
| Share buybacks | — | $0 | $0 | $-600.02M | $0 | $-6.05B | $-6.26B | $-9.13B |
About
About Netflix, Inc.
Netflix, Inc. is an American media company founded on August 29, 1997, by Reed Hastings and Marc Randolph in Scotts Valley, California, and currently based in Los Gatos, California, with production offices and stages at the Los Angeles–based Hollywood studios and the Albuquerque Studios. It owns and operates an eponymous over-the-top subscription video on-demand service, which showcases acquired and original programming as well as third-party content licensed from other production companies and distributors. Netflix is also the first streaming media company to be a member of the Motion Picture Association.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- Netflix, Inc.
- Ticker
- NFLX
- Exchange
- NASDAQ
- ISIN
- US64110L1061
- SEC CIK
- 0001065280
- Sector
- Technology
- Industry
- Internet Software/Services
- SEC industry (SIC)
- Services-video Tape Rental (7841)
- Incorporated in
- Delaware
- Financial year ends
- 31 December
- Filer type
- Large accelerated filer
- Latest annual report (10-K)
- 23 Jan 2026
- CEO
- Ted Sarandos and Greg Peters
- Chair
- Reed Hastings
- Headquarters
- Los Gatos
- Address
- 121 Albright Way, Los Gatos, Ca 95032
- Founded
- 1997
- Employees
- 16,000
- Formerly known as
- Netflix Com Inc
- Trades in
- US dollars (USD)
- Website
- netflix.com
News
Latest news
From Google News; each link opens the publisher's story.
Peers
Others in Technology
Quotes from CNBC (may be delayed), financials from SEC EDGAR, profile from global-stock-logos (MIT). Information only, not investment advice.