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Netflix, Inc.(NFLX)Earnings, Financials & Key Ratios
NFLX•NASDAQ
$87.89
$372.42B mkt cap·34.7× P/E·Price updated May 6, 2026
AboutNetflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services in the United States. The company has approximately 222 million paid members in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.Show more
- Revenue$45.18B+15.9%
- EBITDA$30.08B+15.5%
- Net Income$10.98B+26.1%
- EPS (Diluted)2.53+27.6%
- Gross Margin48.49%+5.3%
- EBITDA Margin66.58%-0.3%
- Operating Margin29.49%+10.4%
- Net Margin24.3%+8.8%
- ROE42.76%+11.3%
- ROIC29.85%+24.9%
- Debt/Equity0.54-25.3%
- Interest Coverage17.16+18.4%
NFLX Key Insights
Netflix, Inc. (NFLX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 35.8%
- ✓Strong 5Y profit CAGR of 31.8%
- ✓Strong Piotroski F-Score: 7/9
- ✓FCF machine: 20.9% free cash flow margin
- ✓Strong 5Y sales CAGR of 12.6%
- ✓Healthy 5Y average net margin of 18.8%
✗Weaknesses
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 14.3x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NFLX Price & Volume
Netflix, Inc. (NFLX) stock price & volume — 10-year historical chart
Loading chart...
NFLX Growth Metrics
Netflix, Inc. (NFLX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years20.89%
5 Years12.57%
3 Years12.64%
TTM15.85%
Profit CAGR
10 Years56.75%
5 Years31.8%
3 Years34.71%
TTM26.05%
EPS CAGR
10 Years56.89%
5 Years33%
3 Years36.49%
TTM27.58%
Return on Capital
10 Years15.48%
5 Years21.18%
3 Years24.3%
Last Year30.46%
NFLX Recent Earnings
Netflix, Inc. (NFLX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 16, 2026EPS
$1.23
Est $0.76
+61.2%
Revenue
$12.3B
Est $12.2B
+0.6%
Q1 2026
Jan 20, 2026EPS
$0.56
Est $0.55
+1.4%
Revenue
$12.1B
Est $12.0B
+0.7%
Q4 2025
Oct 21, 2025EPS
$0.59
Est $0.70
-15.2%
Revenue
$11.5B
Est $11.5B
+0.0%
Q3 2025
Jul 17, 2025EPS
$0.72
Est $0.71
+1.4%
Revenue
$11.1B
Est $11.1B
+0.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 16, 2026 | $1.23vs $0.76+61.2% | $12.3Bvs $12.2B+0.6% |
| Q1 2026 | Jan 20, 2026 | $0.56vs $0.55+1.4% | $12.1Bvs $12.0B+0.7% |
| Q4 2025 | Oct 21, 2025 | $0.59vs $0.70-15.2% | $11.5Bvs $11.5B+0.0% |
| Q3 2025 | Jul 17, 2025 | $0.72vs $0.71+1.4% | $11.1Bvs $11.1B+0.2% |
Based on last 12 quarters of dataView full earnings history →
NFLX Peer Comparison
Netflix, Inc. (NFLX) competitors in Streaming Video Platforms — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 DIS | 179.96B | 100.48 | 14.67 | 3.35% | 12.8% | 10.75% | 5.6% | 0.39 |
 WBD | 73.77B | 27.24 | -5.90 | -4.84% | 1.28% | 1.3% | 6% | 1.13 |
 CMCSA | 96.42B | 26.46 | 4.91 | -0.02% | 14.85% | 19.54% | 22.71% | 1.13 |
 AMZN | 2.94T | 273.52 | 38.15 | 12.38% | 12.22% | 23.34% | 0.26% | 0.37 |
 AAPL | 4.17T | 284.18 | 38.09 | 6.43% | 27.15% | 146.69% | 2.37% | 1.52 |
 GOOGL | 4.7T | 388.47 | 35.94 | 15.13% | 37.91% | 38.98% | 1.56% | 0.14 |
 FUBO | 364.47M | 12.40 | -51.67 | 67.74% | 5.72% | 16.25% | 0.25 | |
 SIRI | 8.88B | 26.40 | 11.73 | -1.62% | 9.86% | 7.33% | 14.01% | 0.84 |
Compare NFLX vs Peers
Netflix, Inc. (NFLX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NFLX Income Statement
Netflix, Inc. (NFLX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 11.69B | 15.79B | 20.16B | 25B | 29.7B | 31.62B | 33.72B | 39B | 45.18B |
| Revenue Growth % | 32.41% | 35.08% | 27.62% | 24.01% | 18.81% | 6.46% | 6.67% | 15.65% | 15.85% |
| Cost of Goods Sold | 7.66B | 9.97B | 12.44B | 15.28B | 17.33B | 19.17B | 19.72B | 21.04B | 23.28B |
| COGS % of Revenue | 65.51% | 63.11% | 61.72% | 61.11% | 58.36% | 60.63% | 58.46% | 53.94% | 51.51% |
| Gross Profit | 4.03B▲ 0% | 5.83B▲ 44.5% | 7.72B▲ 32.4% | 9.72B▲ 26.0% | 12.37B▲ 27.2% | 12.45B▲ 0.7% | 14.01B▲ 12.5% | 17.96B▲ 28.2% | 21.91B▲ 22.0% |
| Gross Margin % | 34.49% | 36.89% | 38.28% | 38.89% | 41.64% | 39.37% | 41.54% | 46.06% | 48.49% |
| Gross Profit Growth % | 44% | 44.48% | 32.43% | 25.96% | 27.22% | 0.66% | 12.54% | 28.23% | 21.96% |
| Operating Expenses | 3.19B | 4.22B | 5.11B | 5.13B | 6.17B | 6.81B | 7.05B | 7.54B | 8.58B |
| OpEx % of Revenue | 27.32% | 26.73% | 25.36% | 20.54% | 20.78% | 21.55% | 20.92% | 19.35% | 18.99% |
| Selling, General & Admin | 2.14B | 3B | 3.57B | 3.3B | 3.9B | 4.1B | 4.38B | 4.62B | 5.19B |
| SG&A % of Revenue | 18.32% | 18.99% | 17.7% | 13.22% | 13.12% | 12.98% | 12.98% | 11.84% | 11.49% |
| Research & Development | 1.05B | 1.22B | 1.55B | 1.83B | 2.27B | 2.71B | 2.68B | 2.93B | 3.39B |
| R&D % of Revenue | 9% | 7.74% | 7.67% | 7.32% | 7.66% | 8.58% | 7.93% | 7.5% | 7.51% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 838.68M▲ 0% | 1.61B▲ 91.4% | 2.6B▲ 62.2% | 4.59B▲ 76.1% | 6.19B▲ 35.1% | 5.63B▼ 9.1% | 6.95B▲ 23.5% | 10.42B▲ 49.8% | 13.33B▲ 27.9% |
| Operating Margin % | 7.17% | 10.16% | 12.92% | 18.34% | 20.86% | 17.82% | 20.62% | 26.71% | 29.49% |
| Operating Income Growth % | 120.83% | 91.4% | 62.24% | 76.07% | 35.1% | -9.07% | 23.45% | 49.81% | 27.92% |
| EBITDA | 7.11B | 9.22B | 11.92B | 15.51B | 18.63B | 20B | 21.51B | 26.05B | 30.08B |
| EBITDA Margin % | 60.79% | 58.38% | 59.16% | 62.04% | 62.74% | 63.25% | 63.78% | 66.79% | 66.58% |
| EBITDA Growth % | 34% | 29.71% | 29.32% | 30.06% | 20.15% | 7.31% | 7.57% | 21.11% | 15.49% |
| D&A (Non-Cash Add-back) | 6.27B | 7.62B | 9.32B | 10.92B | 12.44B | 14.36B | 14.55B | 15.63B | 16.76B |
| EBIT | 838.68M | 1.65B | 2.69B | 4.59B | 6.61B | 5.97B | 6.95B | 10.68B | 13.45B |
| Net Interest Income | -353.36M | -378.77M | -542.02M | -1.39B | -354.41M | -368.9M | -748.6M | -451.96M | -604.05M |
| Interest Income | 0 | 41.73M | 84M | 0 | 411.21M | 337.31M | 0 | 266.78M | 172.46M |
| Interest Expense | 353.36M | 420.49M | 626.02M | 1.39B | 765.62M | 706.21M | 748.6M | 718.73M | 776.51M |
| Other Income/Expense | -353.36M | -378.77M | -542.02M | -1.39B | -354.41M | -368.9M | -748.6M | -451.96M | -604.05M |
| Pretax Income | 485.32M▲ 0% | 1.23B▲ 152.7% | 2.06B▲ 68.1% | 3.2B▲ 55.1% | 5.84B▲ 82.5% | 5.26B▼ 9.9% | 6.21B▲ 17.9% | 9.97B▲ 60.6% | 12.72B▲ 27.7% |
| Pretax Margin % | 4.15% | 7.77% | 10.23% | 12.8% | 19.67% | 16.65% | 18.4% | 25.55% | 28.16% |
| Income Tax | -73.61M | 15.22M | 195.31M | 437.95M | 723.88M | 772M | 797.41M | 1.25B | 1.74B |
| Effective Tax Rate % | -15.17% | 1.24% | 9.47% | 13.69% | 12.39% | 14.67% | 12.85% | 12.58% | 13.69% |
| Net Income | 558.93M▲ 0% | 1.21B▲ 116.7% | 1.87B▲ 54.1% | 2.76B▲ 47.9% | 5.12B▲ 85.3% | 4.49B▼ 12.2% | 5.41B▲ 20.4% | 8.71B▲ 61.1% | 10.98B▲ 26.1% |
| Net Margin % | 4.78% | 7.67% | 9.26% | 11.05% | 17.23% | 14.21% | 16.04% | 22.34% | 24.3% |
| Net Income Growth % | 199.41% | 116.71% | 54.13% | 47.91% | 85.28% | -12.2% | 20.39% | 61.09% | 26.05% |
| Net Income (Continuing) | 558.93M | 1.21B | 1.87B | 2.76B | 5.12B | 4.49B | 5.41B | 8.71B | 10.98B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.13▲ 0% | 0.27▲ 114.4% | 0.41▲ 54.1% | 0.61▲ 47.2% | 1.12▲ 84.9% | 1.00▼ 11.5% | 1.20▲ 20.9% | 1.98▲ 64.8% | 2.53▲ 27.6% |
| EPS Growth % | 190.7% | 114.4% | 54.1% | 47.22% | 84.87% | -11.48% | 20.9% | 64.84% | 27.58% |
| EPS (Basic) | 0.13 | 0.28 | 0.43 | 0.63 | 1.16 | 1.01 | 1.23 | 2.03 | 2.58 |
| Diluted Shares Outstanding | 4.47B | 4.51B | 4.52B | 4.54B | 4.55B | 4.51B | 4.49B | 4.39B | 4.32B |
| Basic Shares Outstanding | 4.32B | 4.35B | 4.38B | 4.41B | 4.43B | 4.45B | 4.42B | 4.3B | 4.23B |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
NFLX Balance Sheet
Netflix, Inc. (NFLX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 7.67B | 9.69B | 6.18B | 9.76B | 8.07B | 9.27B | 9.92B | 13.1B | 13.02B |
| Cash & Short-Term Investments | 2.82B | 3.79B | 5.02B | 8.21B | 6.03B | 6.06B | 7.14B | 9.58B | 9.06B |
| Cash Only | 2.82B | 3.79B | 5.02B | 8.21B | 6.03B | 5.15B | 7.12B | 7.8B | 9.03B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 911.28M | 20.97M | 1.78B | 28.68M |
| Accounts Receivable | 0 | 569.63M | 454.4M | 610.82M | 804.32M | 1.59B | 1.84B | 1.99B | 0 |
| Days Sales Outstanding | - | 13.16 | 8.23 | 8.92 | 9.89 | 18.32 | 19.94 | 18.61 | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 4.85B | 5.15B | 524.67M | 742.17M | 913.88M | 1.23B | 529.26M | 1.1B | 3.96B |
| Total Non-Current Assets | 11.34B | 16.28B | 27.8B | 29.52B | 36.51B | 39.33B | 38.81B | 40.53B | 42.58B |
| Property, Plant & Equipment | 319.4M | 418.28M | 565.22M | 960.18M | 1.32B | 1.4B | 1.49B | 1.59B | 2B |
| Fixed Asset Turnover | 36.61x | 37.76x | 35.66x | 26.03x | 22.44x | 22.61x | 22.61x | 24.47x | 22.54x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 10.37B | 14.95B | 24.5B | 25.38B | 30.92B | 32.74B | 31.66B | 32.45B | 32.78B |
| Long-Term Investments | 4.4M | 16.26M | 16.26M | 31.54M | 24.12M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 647.91M | 894.58M | 2.71B | 3.14B | 4.25B | 5.19B | 5.66B | 6.48B | 7.79B |
| Total Assets | 19.01B▲ 0% | 25.97B▲ 36.6% | 33.98B▲ 30.8% | 39.28B▲ 15.6% | 44.58B▲ 13.5% | 48.59B▲ 9.0% | 48.73B▲ 0.3% | 53.63B▲ 10.1% | 55.6B▲ 3.7% |
| Asset Turnover | 0.61x | 0.61x | 0.59x | 0.64x | 0.67x | 0.65x | 0.69x | 0.73x | 0.81x |
| Asset Growth % | 39.94% | 36.62% | 30.8% | 15.61% | 13.5% | 8.99% | 0.28% | 10.05% | 3.67% |
| Total Current Liabilities | 5.47B | 6.49B | 6.86B | 7.81B | 8.49B | 7.93B | 8.86B | 10.76B | 10.98B |
| Accounts Payable | 359.56M | 562.99M | 674.35M | 656.18M | 837.48M | 671.51M | 747.41M | 899.91M | 900.61M |
| Days Payables Outstanding | 17.13 | 20.62 | 19.79 | 15.68 | 17.64 | 12.79 | 13.84 | 15.61 | 14.12 |
| Short-Term Debt | 0 | 0 | 0 | 499.88M | 699.82M | 0 | 399.84M | 1.78B | 998.87M |
| Deferred Revenue (Current) | 618.62M | 760.9M | 924.75M | 1.12B | 1.21B | 1.26B | 1.44B | 1.52B | 1.78B |
| Other Current Liabilities | 4.17B | 4.68B | 4.22B | 4.17B | 3.98B | 4.12B | 4.08B | 3.97B | 4.08B |
| Current Ratio | 1.40x | 1.49x | 0.90x | 1.25x | 0.95x | 1.17x | 1.12x | 1.22x | 1.19x |
| Quick Ratio | 1.40x | 1.49x | 0.90x | 1.25x | 0.95x | 1.17x | 1.12x | 1.22x | 1.19x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 9.96B | 14.25B | 19.54B | 20.41B | 20.25B | 19.89B | 19.28B | 18.13B | 18B |
| Long-Term Debt | 6.5B | 10.36B | 14.76B | 15.81B | 14.69B | 14.35B | 14.14B | 13.8B | 13.46B |
| Capital Lease Obligations | 0 | 0 | 1.42B | 1.95B | 2.41B | 2.22B | 2.05B | 1.98B | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.47B | 3.89B | 3.36B | 2.65B | 3.14B | 3.31B | 3.09B | 2.35B | 4.54B |
| Total Liabilities | 15.43B | 20.74B | 26.39B | 28.22B | 28.74B | 27.82B | 28.14B | 28.89B | 28.98B |
| Total Debt | 6.5B | 10.36B | 16.37B | 18.51B | 18.12B | 16.93B | 16.97B | 17.99B | 14.46B |
| Net Debt | 3.68B | 6.57B | 11.35B | 10.31B | 12.09B | 11.78B | 9.86B | 10.19B | 5.43B |
| Debt / Equity | 1.81x | 1.98x | 2.16x | 1.67x | 1.14x | 0.81x | 0.82x | 0.73x | 0.54x |
| Debt / EBITDA | 0.91x | 1.12x | 1.37x | 1.19x | 0.97x | 0.85x | 0.79x | 0.69x | 0.48x |
| Net Debt / EBITDA | 0.52x | 0.71x | 0.95x | 0.66x | 0.65x | 0.59x | 0.46x | 0.39x | 0.18x |
| Interest Coverage | 2.37x | 3.82x | 4.16x | 3.31x | 8.09x | 7.98x | 9.29x | 14.49x | 17.16x |
| Total Equity | 3.58B▲ 0% | 5.24B▲ 46.3% | 7.58B▲ 44.7% | 11.07B▲ 45.9% | 15.85B▲ 43.2% | 20.78B▲ 31.1% | 20.59B▼ 0.9% | 24.74B▲ 20.2% | 26.62B▲ 7.6% |
| Equity Growth % | 33.66% | 46.25% | 44.73% | 45.94% | 43.23% | 31.09% | -0.91% | 20.18% | 7.57% |
| Book Value per Share | 0.80 | 1.16 | 1.68 | 2.44 | 3.48 | 4.60 | 4.58 | 5.63 | 6.17 |
| Total Shareholders' Equity | 3.58B | 5.24B | 7.58B | 11.07B | 15.85B | 20.78B | 20.59B | 24.74B | 26.62B |
| Common Stock | 1.87B | 2.32B | 2.79B | 3.45B | 4.02B | 4.64B | 5.15B | 6.25B | 7.29B |
| Retained Earnings | 1.73B | 2.94B | 4.81B | 7.57B | 12.69B | 17.18B | 22.59B | 31.3B | 42.28B |
| Treasury Stock | 0 | 0 | 0 | 0 | -824.19M | -824.19M | -6.92B | -13.17B | -22.37B |
| Accumulated OCI | -20.56M | -19.58M | -23.52M | 44.4M | -40.49M | -217.31M | -223.94M | 362.16M | -580.38M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NFLX Cash Flow Statement
Netflix, Inc. (NFLX) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -1.79B | -2.68B | -2.89B | 2.43B | 392.61M | 2.03B | 7.27B | 7.36B | 10.15B |
| Operating CF Margin % | -15.27% | -16.97% | -14.32% | 9.71% | 1.32% | 6.41% | 21.57% | 18.87% | 22.46% |
| Operating CF Growth % | -21.16% | -50.09% | -7.72% | 184.06% | -83.82% | 416.1% | 259% | 1.2% | 37.87% |
| Net Income | 558.93M | 1.21B | 1.87B | 2.76B | 5.12B | 4.49B | 5.41B | 8.71B | 10.98B |
| Depreciation & Amortization | 6.33B | 7.66B | 9.32B | 10.92B | 12.44B | 14.36B | 14.55B | 15.63B | 16.76B |
| Stock-Based Compensation | 182.21M | 320.66M | 405.38M | 415.18M | 403.22M | 575.45M | 339.37M | 272.59M | 368.45M |
| Deferred Taxes | -208.69M | -85.52M | -94.44M | 70.07M | 199.55M | -166.55M | -459.36M | -590.7M | -442.06M |
| Other Non-Cash Items | -8.71B | -12.08B | -14.43B | -11.71B | -17.52B | -16.48B | -12.45B | -16.63B | -17.06B |
| Working Capital Changes | 58.98M | 293.77M | 43.04M | -31.87M | -241.98M | -758.09M | -116.15M | -33.08M | -456.22M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 74.56M | 199.2M | 96.06M | -41.6M | 145.12M | -158.54M | 93.5M | 121.35M | -8.04M |
| Cash from Investing | 34.33M | -339.12M | -387.06M | -505.35M | -1.34B | -2.08B | 541.75M | -2.18B | 1.04B |
| Capital Expenditures | -227.02M | -212.53M | -253.03M | -497.92M | -524.59M | -407.73M | -348.55M | -439.54M | -688.22M |
| CapEx % of Revenue | 1.94% | 1.35% | 1.26% | 1.99% | 1.77% | 1.29% | 1.03% | 1.13% | 1.52% |
| Acquisitions | -53.72M | 0 | 0 | 0 | -788.35M | -757.39M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 47.03M | -126.59M | -134.03M | -7.43M | -26.92M | -757.39M | 0 | 0 | -17.19M |
| Cash from Financing | 3.08B | 4.05B | 4.51B | 1.24B | -1.15B | -664.25M | -5.95B | -4.07B | -10.35B |
| Debt Issued (Net) | 3.02B | 3.96B | 4.47B | 1.01B | -500M | -700M | 0 | 1.39B | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -600.02M | 0 | -6.05B | -6.26B | -9.13B |
| Other Financing | -31.9M | -37.83M | -36.13M | -7.56M | -224.17M | 0 | -75.45M | -38.03M | -1.89B |
| Net Change in Cash | 1.36B▲ 0% | 989.25M▼ 27.0% | 1.23B▲ 24.5% | 3.2B▲ 159.4% | -2.18B▼ 168.3% | -884.53M▲ 59.5% | 1.95B▲ 320.2% | 688.82M▼ 64.6% | 1.23B▲ 78.8% |
| Free Cash Flow | -2.01B▲ 0% | -2.89B▼ 43.7% | -3.14B▼ 8.5% | 1.93B▲ 161.4% | -131.97M▼ 106.8% | 1.62B▲ 1326.4% | 6.93B▲ 327.9% | 6.92B▼ 0.1% | 9.46B▲ 36.7% |
| FCF Margin % | -17.22% | -18.32% | -15.58% | 7.72% | -0.44% | 5.12% | 20.54% | 17.75% | 20.94% |
| FCF Growth % | -21.35% | -43.72% | -8.55% | 161.43% | -106.84% | 1326.39% | 327.9% | -0.06% | 36.68% |
| FCF per Share | -0.45 | -0.64 | -0.70 | 0.42 | -0.03 | 0.36 | 1.54 | 1.58 | 2.19 |
| FCF Conversion (FCF/Net Income) | -3.20x | -2.21x | -1.55x | 0.88x | 0.08x | 0.45x | 1.35x | 0.85x | 0.92x |
| Interest Paid | 213.31M | 375.83M | 599.13M | 762.9M | 763.43M | 701.69M | 684.5M | 674.5M | 0 |
| Taxes Paid | 113.59M | 131.07M | 400.66M | 291.58M | 509.26M | 811.72M | 1.15B | 1.64B | 0 |
NFLX Key Ratios
Netflix, Inc. (NFLX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 7.61% | 17.85% | 27.46% | 29.12% | 29.62% | 38.02% | 24.53% | 26.15% | 38.43% | 42.76% |
| Return on Invested Capital (ROIC) | 7.74% | 10.63% | 12.63% | 12.71% | 17.06% | 18.84% | 13.97% | 16.56% | 23.9% | 29.85% |
| Gross Margin | 31.72% | 34.49% | 36.89% | 38.28% | 38.89% | 41.64% | 39.37% | 41.54% | 46.06% | 48.49% |
| Net Margin | 2.11% | 4.78% | 7.67% | 9.26% | 11.05% | 17.23% | 14.21% | 16.04% | 22.34% | 24.3% |
| Debt / Equity | 1.26x | 1.81x | 1.98x | 2.16x | 1.67x | 1.14x | 0.81x | 0.82x | 0.73x | 0.54x |
| Interest Coverage | 2.53x | 2.37x | 3.82x | 4.16x | 3.31x | 8.09x | 7.98x | 9.29x | 14.49x | 17.16x |
| FCF Conversion | -7.90x | -3.20x | -2.21x | -1.55x | 0.88x | 0.08x | 0.45x | 1.35x | 0.85x | 0.92x |
| Revenue Growth | 30.26% | 32.41% | 35.08% | 27.62% | 24.01% | 18.81% | 6.46% | 6.67% | 15.65% | 15.85% |
NFLX SEC Filings & Documents
Netflix, Inc. (NFLX) SEC filings — annual & quarterly reports (10-K, 10-Q)
NFLX Frequently Asked Questions
Netflix, Inc. (NFLX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Netflix, Inc. (NFLX) reported $45.18B in revenue for fiscal year 2025. This represents a 59420% increase from $75.9M in 2001.
Netflix, Inc. (NFLX) grew revenue by 15.9% over the past year. This is strong growth.
Yes, Netflix, Inc. (NFLX) is profitable, generating $10.98B in net income for fiscal year 2025 (24.3% net margin).
Dividend & Returns
Netflix, Inc. (NFLX) has a return on equity (ROE) of 42.8%. This is excellent, indicating efficient use of shareholder capital.
Netflix, Inc. (NFLX) generated $9.46B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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