NetflixNFLXEarnings & Financial Report
Netflix is an American subscription video on-demand over-the-top streaming service. The service primarily distributes original and acquired films and television shows from various genres. It is available internationally in multiple languages.
NFLX Q1 FY2026 Key Financial Metrics
Revenue
$12.2B
Gross Profit
$6.4B
Operating Profit
$4.0B
Net Profit
$5.3B
Gross Margin
51.9%
Operating Margin
32.3%
Net Margin
43.1%
YoY Growth
16.2%
EPS
$1.23
Netflix Q1 FY2026 Financial Summary
Netflix reported revenue of $12.2B (up 16.2% YoY) for Q1 FY2026, with a net profit of $5.3B (up 82.8% YoY) (43.1% margin). Cost of goods sold was $5.9B, operating expenses totaled $2.4B.
Key Financial Metrics
| Total Revenue | $12.2B |
|---|---|
| Net Profit | $5.3B |
| Gross Margin | 51.9% |
| Operating Margin | 32.3% |
| Report Period | Q1 FY2026 |
Netflix Annual Revenue by Year
Netflix annual revenue history includes year-by-year totals (for example, 2025 revenue was $45.2B).
Netflix Quarterly Revenue & Net Profit History
Netflix results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $12.2B | +16.2% | $5.3B | 43.1% |
| Q4 FY2025 | $12.1B | +17.6% | $2.4B | 20.1% |
| Q3 FY2025 | $11.5B | +17.2% | $2.5B | 22.1% |
| Q2 FY2025 | $11.1B | +15.9% | $3.1B | 28.2% |
| Q1 FY2025 | $10.5B | +12.5% | $2.9B | 27.4% |
| Q4 FY2024 | $10.2B | +16.0% | $1.9B | 18.2% |
| Q3 FY2024 | $9.8B | +15.0% | $2.4B | 24.1% |
| Q2 FY2024 | $9.6B | +16.8% | $2.1B | 22.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.56B | $9.82B | $10.25B | $10.54B | $11.08B | $11.51B | $12.05B | $12.25B |
| YoY Growth | 16.8% | 15.0% | 16.0% | 12.5% | 15.9% | 17.2% | 17.6% | 16.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $49.10B | $52.28B | $53.63B | $52.09B | $53.10B | $54.93B | $55.60B | $61.02B |
| Liabilities | $26.99B | $29.56B | $28.89B | $28.06B | $28.15B | $28.98B | $28.98B | $29.89B |
| Equity | $22.11B | $22.72B | $24.74B | $24.03B | $24.95B | $25.95B | $26.62B | $31.13B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.29B | $2.32B | $1.54B | $2.79B | $2.42B | $2.83B | $2.11B | $5.29B |