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.
Revenue
$11.5B
Gross Profit
$5.3B
Operating Profit
$3.2B
Net Profit
$2.5B
Gross Margin
46.4%
Operating Margin
28.2%
Net Margin
22.1%
YoY Growth
17.2%
EPS
$5.87
Netflix Q3 FY2025 Financial Summary
Netflix reported revenue of $11.5B (up 17.2% YoY) for Q3 FY2025, with a net profit of $2.5B (up 7.8% YoY) (22.1% margin). Cost of goods sold was $6.2B, operating expenses totaled $2.1B.
Key Financial Metrics
| Total Revenue | $11.5B |
|---|---|
| Net Profit | $2.5B |
| Gross Margin | 46.4% |
| Operating Margin | 28.2% |
| Report Period | Q3 FY2025 |
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 |
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 |