Netflix, Inc. (NFLX) Earnings History
Annual and quarterly earnings data from 2001 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 48.5% | 29.5% | 24.3% |
| 2024 | 46.1% | 26.7% | 22.3% |
| 2023 | 41.5% | 20.6% | 16.0% |
| 2022 | 39.4% | 17.8% | 14.2% |
| 2021 | 41.6% | 20.9% | 17.2% |
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Netflix, Inc. (NFLX) Earnings Overview
As of February 26, 2026, Netflix, Inc. (NFLX) reported trailing twelve-month net income of $10.98B, reflecting +0.3% year-over-year growth. The company earned $2.54 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, NFLX's 5-year EPS compound annual growth rate (CAGR) stands at +33.0%, indicating exceptional earnings growth. The company achieved its highest annual net income of $10.98B in fiscal 2025, representing a new all-time high.
Netflix, Inc. maintains positive profitability with a gross margin of 0.5%, operating margin of 0.3%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including IQ (-$390M net income, 0.0% margin), ROKU ($88M net income, 0.0% margin), STRZ (-$140M net income, -0.2% margin), NFLX has outperformed on profitability metrics. Compare NFLX vs IQ →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
25 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $10.98B | +26.1% | $13.33B | $2.53 | 24.3% | 29.5% |
| 2024 | $8.71B | +61.1% | $10.42B | $1.98 | 22.3% | 26.7% |
| 2023 | $5.41B | +20.4% | $6.95B | $1.20 | 16.0% | 20.6% |
| 2022 | $4.49B | -12.2% | $5.63B | $0.99 | 14.2% | 17.8% |
| 2021 | $5.12B | +85.3% | $6.19B | $1.12 | 17.2% | 20.9% |
| 2020 | $2.76B | +47.9% | $4.59B | $0.61 | 11.0% | 18.3% |
| 2019 | $1.87B | +54.1% | $2.60B | $0.41 | 9.3% | 12.9% |
| 2018 | $1.21B | +116.7% | $1.61B | $0.27 | 7.7% | 10.2% |
| 2017 | $559M | +199.4% | $839M | $0.13 | 4.8% | 7.2% |
| 2016 | $187M | +52.2% | $380M | $0.04 | 2.1% | 4.3% |
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Start ComparisonFrequently Asked Questions
Is NFLX growing earnings?
NFLX EPS of $2.54 reflects slowing growth at +0.3%, below the 5-year CAGR of +33.0%. TTM net income is $11.0B. Expansion rate has moderated.
What are NFLX's profit margins?
Netflix, Inc. net margin is +0.2%, with operating margin at +0.3%. Below-average margins reflect competitive or cost pressures.
How consistent are NFLX's earnings?
NFLX earnings data spans 2001-2025. The current earnings trend is +0.3% YoY. Historical data enables comparison across business cycles.