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Side-by-side financial comparison of Netflix (NFLX) and Nucor (NUE). Click either name above to swap in a different company.

Netflix is the larger business by last-quarter revenue ($12.2B vs $9.5B, roughly 1.3× Nucor). Netflix runs the higher net margin — 43.1% vs 7.8%, a 35.3% gap on every dollar of revenue. On growth, Nucor posted the faster year-over-year revenue change (21.3% vs 16.2%). Over the past eight quarters, Netflix's revenue compounded faster (13.2% CAGR vs 8.4%).

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.

Nucor Corporation is an American company based in Charlotte, North Carolina, that produces steel and related products. It is the largest steel producer in the United States and the largest recycler of scrap in North America. Nucor is the 16th-largest steel producer in the world. Along with Commercial Metals Company, it is one of two primary suppliers of rebar used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S.

NFLX vs NUE — Head-to-Head

Bigger by revenue
NFLX
NFLX
1.3× larger
NFLX
$12.2B
$9.5B
NUE
Growing faster (revenue YoY)
NUE
NUE
+5.1% gap
NUE
21.3%
16.2%
NFLX
Higher net margin
NFLX
NFLX
35.3% more per $
NFLX
43.1%
7.8%
NUE
Faster 2-yr revenue CAGR
NFLX
NFLX
Annualised
NFLX
13.2%
8.4%
NUE

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NFLX
NFLX
NUE
NUE
Revenue
$12.2B
$9.5B
Net Profit
$5.3B
$743.0M
Gross Margin
51.9%
Operating Margin
32.3%
Net Margin
43.1%
7.8%
Revenue YoY
16.2%
21.3%
Net Profit YoY
82.8%
376.3%
EPS (diluted)
$1.23
$3.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NFLX
NFLX
NUE
NUE
Q1 26
$12.2B
$9.5B
Q4 25
$12.1B
$8.5B
Q3 25
$11.5B
$8.5B
Q2 25
$11.1B
$7.8B
Q1 25
$10.5B
Q4 24
$10.2B
$7.1B
Q3 24
$9.8B
$7.4B
Q2 24
$9.6B
$8.1B
Net Profit
NFLX
NFLX
NUE
NUE
Q1 26
$5.3B
$743.0M
Q4 25
$2.4B
$607.0M
Q3 25
$2.5B
$603.0M
Q2 25
$3.1B
$156.0M
Q1 25
$2.9B
Q4 24
$1.9B
$287.0M
Q3 24
$2.4B
$249.9M
Q2 24
$2.1B
$645.2M
Gross Margin
NFLX
NFLX
NUE
NUE
Q1 26
51.9%
Q4 25
45.9%
13.9%
Q3 25
46.4%
14.5%
Q2 25
51.9%
7.7%
Q1 25
50.1%
Q4 24
43.7%
8.9%
Q3 24
47.9%
10.2%
Q2 24
45.9%
14.8%
Operating Margin
NFLX
NFLX
NUE
NUE
Q1 26
32.3%
Q4 25
24.5%
10.4%
Q3 25
28.2%
10.6%
Q2 25
34.1%
3.6%
Q1 25
31.7%
Q4 24
22.2%
5.5%
Q3 24
29.6%
5.2%
Q2 24
27.2%
11.1%
Net Margin
NFLX
NFLX
NUE
NUE
Q1 26
43.1%
7.8%
Q4 25
20.1%
7.1%
Q3 25
22.1%
7.1%
Q2 25
28.2%
2.0%
Q1 25
27.4%
Q4 24
18.2%
4.1%
Q3 24
24.1%
3.4%
Q2 24
22.5%
8.0%
EPS (diluted)
NFLX
NFLX
NUE
NUE
Q1 26
$1.23
$3.23
Q4 25
$-17.14
$2.63
Q3 25
$5.87
$2.60
Q2 25
$7.19
$0.67
Q1 25
$0.66
Q4 24
$4.27
$1.27
Q3 24
$5.40
$1.05
Q2 24
$4.88
$2.68

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NFLX
NFLX
NUE
NUE
Cash + ST InvestmentsLiquidity on hand
$12.3B
$2.5B
Total DebtLower is stronger
$13.4B
$134.0M
Stockholders' EquityBook value
$31.1B
$22.5B
Total Assets
$61.0B
$35.6B
Debt / EquityLower = less leverage
0.43×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NFLX
NFLX
NUE
NUE
Q1 26
$12.3B
$2.5B
Q4 25
$9.1B
$2.7B
Q3 25
$9.3B
$2.5B
Q2 25
$8.4B
$4.1B
Q1 25
$8.4B
Q4 24
$9.6B
$4.1B
Q3 24
$9.2B
$4.9B
Q2 24
$6.7B
$5.4B
Total Debt
NFLX
NFLX
NUE
NUE
Q1 26
$13.4B
$134.0M
Q4 25
$13.5B
$6.7B
Q3 25
$14.5B
$6.7B
Q2 25
$14.5B
$6.7B
Q1 25
$14.0B
Q4 24
$13.8B
$5.7B
Q3 24
$14.2B
$5.7B
Q2 24
$12.2B
$5.6B
Stockholders' Equity
NFLX
NFLX
NUE
NUE
Q1 26
$31.1B
$22.5B
Q4 25
$26.6B
$20.8B
Q3 25
$26.0B
$20.4B
Q2 25
$25.0B
$20.1B
Q1 25
$24.0B
Q4 24
$24.7B
$20.3B
Q3 24
$22.7B
$20.5B
Q2 24
$22.1B
$20.7B
Total Assets
NFLX
NFLX
NUE
NUE
Q1 26
$61.0B
$35.6B
Q4 25
$55.6B
$34.8B
Q3 25
$54.9B
$34.2B
Q2 25
$53.1B
$34.7B
Q1 25
$52.1B
Q4 24
$53.6B
$33.9B
Q3 24
$52.3B
$34.3B
Q2 24
$49.1B
$34.2B
Debt / Equity
NFLX
NFLX
NUE
NUE
Q1 26
0.43×
0.01×
Q4 25
0.51×
0.32×
Q3 25
0.56×
0.33×
Q2 25
0.58×
0.33×
Q1 25
0.58×
Q4 24
0.56×
0.28×
Q3 24
0.62×
0.28×
Q2 24
0.55×
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NFLX
NFLX
NUE
NUE
Operating Cash FlowLast quarter
$5.3B
Free Cash FlowOCF − Capex
$5.1B
FCF MarginFCF / Revenue
41.6%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
1.00×
TTM Free Cash FlowTrailing 4 quarters
$11.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NFLX
NFLX
NUE
NUE
Q1 26
$5.3B
Q4 25
$2.1B
$1.3B
Q3 25
$2.8B
$732.0M
Q2 25
$2.4B
$364.0M
Q1 25
$2.8B
Q4 24
$1.5B
$733.4M
Q3 24
$2.3B
$1.3B
Q2 24
$1.3B
$1.5B
Free Cash Flow
NFLX
NFLX
NUE
NUE
Q1 26
$5.1B
Q4 25
$1.9B
$532.0M
Q3 25
$2.7B
$-222.0M
Q2 25
$2.3B
$-495.0M
Q1 25
$2.7B
Q4 24
$1.4B
$-145.8M
Q3 24
$2.2B
$478.1M
Q2 24
$1.2B
$684.4M
FCF Margin
NFLX
NFLX
NUE
NUE
Q1 26
41.6%
Q4 25
15.5%
6.2%
Q3 25
23.1%
-2.6%
Q2 25
20.5%
-6.3%
Q1 25
25.2%
Q4 24
13.5%
-2.1%
Q3 24
22.3%
6.4%
Q2 24
12.7%
8.5%
Capex Intensity
NFLX
NFLX
NUE
NUE
Q1 26
1.6%
Q4 25
2.0%
9.5%
Q3 25
1.4%
11.3%
Q2 25
1.4%
11.0%
Q1 25
1.2%
Q4 24
1.5%
12.4%
Q3 24
1.3%
11.1%
Q2 24
0.8%
9.9%
Cash Conversion
NFLX
NFLX
NUE
NUE
Q1 26
1.00×
Q4 25
0.87×
2.21×
Q3 25
1.11×
1.21×
Q2 25
0.78×
2.33×
Q1 25
0.97×
Q4 24
0.82×
2.56×
Q3 24
0.98×
5.20×
Q2 24
0.60×
2.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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