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

Netflix is the larger business by last-quarter revenue ($12.2B vs $7.9B, roughly 1.6× Quanta Services). Netflix runs the higher net margin — 43.1% vs 2.9%, a 40.2% gap on every dollar of revenue. On growth, Quanta Services posted the faster year-over-year revenue change (26.3% vs 16.2%). Netflix produced more free cash flow last quarter ($5.1B vs $184.4M). Over the past eight quarters, Quanta Services's revenue compounded faster (18.6% CAGR vs 13.2%).

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.

Quanta Services is a U.S. corporation that provides infrastructure services for the electric power, pipeline, industrial and communications industries. Its capabilities include planning, design, installation, program management, maintenance and repair of most types of network infrastructure. The company has grown organically since its founding, but it has also acquired over 150 companies in the electrical contracting industry.

NFLX vs PWR — Head-to-Head

Bigger by revenue
NFLX
NFLX
1.6× larger
NFLX
$12.2B
$7.9B
PWR
Growing faster (revenue YoY)
PWR
PWR
+10.1% gap
PWR
26.3%
16.2%
NFLX
Higher net margin
NFLX
NFLX
40.2% more per $
NFLX
43.1%
2.9%
PWR
More free cash flow
NFLX
NFLX
$4.9B more FCF
NFLX
$5.1B
$184.4M
PWR
Faster 2-yr revenue CAGR
PWR
PWR
Annualised
PWR
18.6%
13.2%
NFLX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NFLX
NFLX
PWR
PWR
Revenue
$12.2B
$7.9B
Net Profit
$5.3B
$231.4M
Gross Margin
51.9%
14.1%
Operating Margin
32.3%
4.3%
Net Margin
43.1%
2.9%
Revenue YoY
16.2%
26.3%
Net Profit YoY
82.8%
55.4%
EPS (diluted)
$1.23
$1.45

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
PWR
PWR
Q1 26
$12.2B
$7.9B
Q4 25
$12.1B
$7.8B
Q3 25
$11.5B
$7.6B
Q2 25
$11.1B
$6.8B
Q1 25
$10.5B
$6.2B
Q4 24
$10.2B
$6.6B
Q3 24
$9.8B
$6.5B
Q2 24
$9.6B
$5.6B
Net Profit
NFLX
NFLX
PWR
PWR
Q1 26
$5.3B
$231.4M
Q4 25
$2.4B
$316.6M
Q3 25
$2.5B
$339.4M
Q2 25
$3.1B
$229.3M
Q1 25
$2.9B
$144.3M
Q4 24
$1.9B
$310.3M
Q3 24
$2.4B
$293.2M
Q2 24
$2.1B
$188.2M
Gross Margin
NFLX
NFLX
PWR
PWR
Q1 26
51.9%
14.1%
Q4 25
45.9%
15.5%
Q3 25
46.4%
15.9%
Q2 25
51.9%
14.9%
Q1 25
50.1%
13.4%
Q4 24
43.7%
16.2%
Q3 24
47.9%
15.6%
Q2 24
45.9%
14.5%
Operating Margin
NFLX
NFLX
PWR
PWR
Q1 26
32.3%
4.3%
Q4 25
24.5%
6.2%
Q3 25
28.2%
6.8%
Q2 25
34.1%
5.5%
Q1 25
31.7%
3.8%
Q4 24
22.2%
6.9%
Q3 24
29.6%
6.6%
Q2 24
27.2%
5.5%
Net Margin
NFLX
NFLX
PWR
PWR
Q1 26
43.1%
2.9%
Q4 25
20.1%
4.0%
Q3 25
22.1%
4.4%
Q2 25
28.2%
3.4%
Q1 25
27.4%
2.3%
Q4 24
18.2%
4.7%
Q3 24
24.1%
4.5%
Q2 24
22.5%
3.4%
EPS (diluted)
NFLX
NFLX
PWR
PWR
Q1 26
$1.23
$1.45
Q4 25
$-17.14
$2.08
Q3 25
$5.87
$2.24
Q2 25
$7.19
$1.52
Q1 25
$0.66
$0.96
Q4 24
$4.27
$2.03
Q3 24
$5.40
$1.95
Q2 24
$4.88
$1.26

Balance Sheet & Financial Strength

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

Metric
NFLX
NFLX
PWR
PWR
Cash + ST InvestmentsLiquidity on hand
$12.3B
$364.8M
Total DebtLower is stronger
$13.4B
$5.9B
Stockholders' EquityBook value
$31.1B
$9.0B
Total Assets
$61.0B
$25.7B
Debt / EquityLower = less leverage
0.43×
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NFLX
NFLX
PWR
PWR
Q1 26
$12.3B
$364.8M
Q4 25
$9.1B
$439.5M
Q3 25
$9.3B
$610.4M
Q2 25
$8.4B
$509.5M
Q1 25
$8.4B
$520.6M
Q4 24
$9.6B
$742.0M
Q3 24
$9.2B
$764.1M
Q2 24
$6.7B
$518.1M
Total Debt
NFLX
NFLX
PWR
PWR
Q1 26
$13.4B
$5.9B
Q4 25
$13.5B
$5.2B
Q3 25
$14.5B
$5.5B
Q2 25
$14.5B
$4.7B
Q1 25
$14.0B
$4.4B
Q4 24
$13.8B
$4.1B
Q3 24
$14.2B
$4.1B
Q2 24
$12.2B
$3.0B
Stockholders' Equity
NFLX
NFLX
PWR
PWR
Q1 26
$31.1B
$9.0B
Q4 25
$26.6B
$8.9B
Q3 25
$26.0B
$8.4B
Q2 25
$25.0B
$7.9B
Q1 25
$24.0B
$7.5B
Q4 24
$24.7B
$7.3B
Q3 24
$22.7B
$7.1B
Q2 24
$22.1B
$6.6B
Total Assets
NFLX
NFLX
PWR
PWR
Q1 26
$61.0B
$25.7B
Q4 25
$55.6B
$24.9B
Q3 25
$54.9B
$22.7B
Q2 25
$53.1B
$19.9B
Q1 25
$52.1B
$19.1B
Q4 24
$53.6B
$18.7B
Q3 24
$52.3B
$18.9B
Q2 24
$49.1B
$15.9B
Debt / Equity
NFLX
NFLX
PWR
PWR
Q1 26
0.43×
0.65×
Q4 25
0.51×
0.59×
Q3 25
0.56×
0.66×
Q2 25
0.58×
0.59×
Q1 25
0.58×
0.58×
Q4 24
0.56×
0.56×
Q3 24
0.62×
0.58×
Q2 24
0.55×
0.45×

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
PWR
PWR
Operating Cash FlowLast quarter
$5.3B
$391.7M
Free Cash FlowOCF − Capex
$5.1B
$184.4M
FCF MarginFCF / Revenue
41.6%
2.3%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
1.00×
1.69×
TTM Free Cash FlowTrailing 4 quarters
$11.9B
$1.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NFLX
NFLX
PWR
PWR
Q1 26
$5.3B
$391.7M
Q4 25
$2.1B
$1.1B
Q3 25
$2.8B
$563.5M
Q2 25
$2.4B
$295.7M
Q1 25
$2.8B
$243.2M
Q4 24
$1.5B
$712.0M
Q3 24
$2.3B
$739.9M
Q2 24
$1.3B
$391.3M
Free Cash Flow
NFLX
NFLX
PWR
PWR
Q1 26
$5.1B
$184.4M
Q4 25
$1.9B
$934.0M
Q3 25
$2.7B
$421.0M
Q2 25
$2.3B
$155.4M
Q1 25
$2.7B
$110.4M
Q4 24
$1.4B
$565.0M
Q3 24
$2.2B
$527.4M
Q2 24
$1.2B
$229.9M
FCF Margin
NFLX
NFLX
PWR
PWR
Q1 26
41.6%
2.3%
Q4 25
15.5%
11.9%
Q3 25
23.1%
5.5%
Q2 25
20.5%
2.3%
Q1 25
25.2%
1.8%
Q4 24
13.5%
8.6%
Q3 24
22.3%
8.1%
Q2 24
12.7%
4.1%
Capex Intensity
NFLX
NFLX
PWR
PWR
Q1 26
1.6%
Q4 25
2.0%
2.5%
Q3 25
1.4%
1.9%
Q2 25
1.4%
2.1%
Q1 25
1.2%
2.1%
Q4 24
1.5%
2.2%
Q3 24
1.3%
3.3%
Q2 24
0.8%
2.9%
Cash Conversion
NFLX
NFLX
PWR
PWR
Q1 26
1.00×
1.69×
Q4 25
0.87×
3.56×
Q3 25
1.11×
1.66×
Q2 25
0.78×
1.29×
Q1 25
0.97×
1.69×
Q4 24
0.82×
2.29×
Q3 24
0.98×
2.52×
Q2 24
0.60×
2.08×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NFLX
NFLX

Segment breakdown not available.

PWR
PWR

Electric$6.5B82%
Underground and Infrastructure$1.4B18%

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