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Netflix

NetflixNFLXEarnings & Financial Report

Nasdaq · Communication Services · Movies & Entertainment

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.

Revenue

$10.5B

Gross Profit

$5.3B

Operating Profit

$3.3B

Net Profit

$2.9B

Gross Margin

50.1%

Operating Margin

31.7%

Net Margin

27.4%

YoY Growth

12.5%

EPS

$6.61

Financial Flow

Netflix Q1 2025 Financial Summary

Netflix reported revenue of $10.5B for Q1 2025, with a net profit of $2.9B (27.4% margin). Cost of goods sold was $5.3B, operating expenses totaled $1.9B.

Key Financial Metrics

Total Revenue$10.5B
Net Profit$2.9B
Gross Margin50.1%
Operating Margin31.7%
Report PeriodQ1 2025

Netflix Annual Revenue by Year

Netflix annual revenue history includes year-by-year totals (for example, 2025 revenue was $45.2B).

YearAnnual Revenue
2025$45.2B
2024$39.0B
2023$33.7B
2022$31.6B

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$9.37B$9.56B$9.82B$10.25B$10.54B$11.08B$11.51B$12.05B
YoY Growth14.8%16.8%15.0%16.0%12.5%15.9%17.2%17.6%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 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 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$2.21B$1.29B$2.32B$1.54B$2.79B$2.42B$2.83B$2.11B