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 Q4 2025 Key Financial Metrics
Revenue
$12.1B
Gross Profit
$5.5B
Operating Profit
$3.0B
Net Profit
$2.4B
Gross Margin
45.9%
Operating Margin
24.5%
Net Margin
20.1%
YoY Growth
17.6%
EPS
$-17.14
Financial Flow
Netflix Q4 2025 Financial Summary
Netflix reported revenue of $12.1B for Q4 2025, with a net profit of $2.4B (20.1% margin). Cost of goods sold was $6.5B, operating expenses totaled $2.6B.
Key Financial Metrics
| Total Revenue | $12.1B |
|---|---|
| Net Profit | $2.4B |
| Gross Margin | 45.9% |
| Operating Margin | 24.5% |
| Report Period | Q4 2025 |
Netflix Annual Revenue by Year
Netflix annual revenue history includes year-by-year totals (for example, 2025 revenue was $45.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $45.2B |
| 2024 | $39.0B |
| 2023 | $33.7B |
| 2022 | $31.6B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.37B | $9.56B | $9.82B | $10.25B | $10.54B | $11.08B | $11.51B | $12.05B |
| YoY Growth | 14.8% | 16.8% | 15.0% | 16.0% | 12.5% | 15.9% | 17.2% | 17.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $48.83B | $49.10B | $52.28B | $53.63B | $52.09B | $53.10B | $54.93B | $55.60B |
| Liabilities | $27.46B | $26.99B | $29.56B | $28.89B | $28.06B | $28.15B | $28.98B | $28.98B |
| Equity | $21.37B | $22.11B | $22.72B | $24.74B | $24.03B | $24.95B | $25.95B | $26.62B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.21B | $1.29B | $2.32B | $1.54B | $2.79B | $2.42B | $2.83B | $2.11B |
Other Communication Services Companies
LYV
Live Nation Entertainment
Revenue
$6.3B
Net Profit
$-202.1M
PSKY
Paramount Skydance Corporation
Revenue
$2.6B
Net Profit
$-244.0M
TKO
TKO Group Holdings
Revenue
$1.1B
Net Profit
$41.0M
DIS
Walt Disney Company (The)
Revenue
$26.0B
Net Profit
$2.4B
GOOGL
Alphabet Inc. (Class A)
Revenue
$113.8B
Net Profit
$34.5B
GOOG
Alphabet Inc. (Class C)
Revenue
$113.8B
Net Profit
$34.5B
T
AT&T
Revenue
$33.5B
Net Profit
$3.8B
CHTR
Charter Communications
Revenue
$13.6B
Net Profit
$1.3B
CMCSA
Comcast
Revenue
$32.3B
Net Profit
$2.2B
EA
Electronic Arts
Revenue
$1.9B
Net Profit
$88.0M