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Side-by-side financial comparison of Netflix (NFLX) and GRUPO TELEVISA, S.A.B. (TV). Click either name above to swap in a different company.

GRUPO TELEVISA, S.A.B. is the larger business by last-quarter revenue ($14.5B vs $12.2B, roughly 1.2× Netflix). Netflix runs the higher net margin — 43.1% vs -51.8%, a 94.9% gap on every dollar of revenue.

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.

"Grupo Televisa, S.A.B.", simply known as "Televisa", is a Mexican telecommunications and broadcasting company and the largest in Latin America A major Latin American mass media corporation, it often presents itself as the largest producer of Spanish-language content.

NFLX vs TV — Head-to-Head

Bigger by revenue
TV
TV
1.2× larger
TV
$14.5B
$12.2B
NFLX
Higher net margin
NFLX
NFLX
94.9% more per $
NFLX
43.1%
-51.8%
TV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NFLX
NFLX
TV
TV
Revenue
$12.2B
$14.5B
Net Profit
$5.3B
$-7.5B
Gross Margin
51.9%
38.8%
Operating Margin
32.3%
10.0%
Net Margin
43.1%
-51.8%
Revenue YoY
16.2%
Net Profit YoY
82.8%
EPS (diluted)
$1.23

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
TV
TV
Q1 26
$12.2B
Q4 25
$12.1B
$14.5B
Q3 25
$11.5B
$14.6B
Q2 25
$11.1B
$14.7B
Q1 25
$10.5B
Q4 24
$10.2B
Q3 24
$9.8B
Q2 24
$9.6B
Net Profit
NFLX
NFLX
TV
TV
Q1 26
$5.3B
Q4 25
$2.4B
$-7.5B
Q3 25
$2.5B
Q2 25
$3.1B
$552.5M
Q1 25
$2.9B
Q4 24
$1.9B
Q3 24
$2.4B
Q2 24
$2.1B
Gross Margin
NFLX
NFLX
TV
TV
Q1 26
51.9%
Q4 25
45.9%
38.8%
Q3 25
46.4%
36.7%
Q2 25
51.9%
38.8%
Q1 25
50.1%
Q4 24
43.7%
Q3 24
47.9%
Q2 24
45.9%
Operating Margin
NFLX
NFLX
TV
TV
Q1 26
32.3%
Q4 25
24.5%
10.0%
Q3 25
28.2%
6.3%
Q2 25
34.1%
6.5%
Q1 25
31.7%
Q4 24
22.2%
Q3 24
29.6%
Q2 24
27.2%
Net Margin
NFLX
NFLX
TV
TV
Q1 26
43.1%
Q4 25
20.1%
-51.8%
Q3 25
22.1%
Q2 25
28.2%
3.8%
Q1 25
27.4%
Q4 24
18.2%
Q3 24
24.1%
Q2 24
22.5%
EPS (diluted)
NFLX
NFLX
TV
TV
Q1 26
$1.23
Q4 25
$-17.14
Q3 25
$5.87
Q2 25
$7.19
Q1 25
$0.66
Q4 24
$4.27
Q3 24
$5.40
Q2 24
$4.88

Balance Sheet & Financial Strength

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

Metric
NFLX
NFLX
TV
TV
Cash + ST InvestmentsLiquidity on hand
$12.3B
Total DebtLower is stronger
$13.4B
Stockholders' EquityBook value
$31.1B
Total Assets
$61.0B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NFLX
NFLX
TV
TV
Q1 26
$12.3B
Q4 25
$9.1B
Q3 25
$9.3B
Q2 25
$8.4B
Q1 25
$8.4B
Q4 24
$9.6B
Q3 24
$9.2B
Q2 24
$6.7B
Total Debt
NFLX
NFLX
TV
TV
Q1 26
$13.4B
Q4 25
$13.5B
Q3 25
$14.5B
Q2 25
$14.5B
Q1 25
$14.0B
Q4 24
$13.8B
Q3 24
$14.2B
Q2 24
$12.2B
Stockholders' Equity
NFLX
NFLX
TV
TV
Q1 26
$31.1B
Q4 25
$26.6B
Q3 25
$26.0B
Q2 25
$25.0B
Q1 25
$24.0B
Q4 24
$24.7B
Q3 24
$22.7B
Q2 24
$22.1B
Total Assets
NFLX
NFLX
TV
TV
Q1 26
$61.0B
Q4 25
$55.6B
Q3 25
$54.9B
Q2 25
$53.1B
Q1 25
$52.1B
Q4 24
$53.6B
Q3 24
$52.3B
Q2 24
$49.1B
Debt / Equity
NFLX
NFLX
TV
TV
Q1 26
0.43×
Q4 25
0.51×
Q3 25
0.56×
Q2 25
0.58×
Q1 25
0.58×
Q4 24
0.56×
Q3 24
0.62×
Q2 24
0.55×

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
TV
TV
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
TV
TV
Q1 26
$5.3B
Q4 25
$2.1B
Q3 25
$2.8B
Q2 25
$2.4B
Q1 25
$2.8B
Q4 24
$1.5B
Q3 24
$2.3B
Q2 24
$1.3B
Free Cash Flow
NFLX
NFLX
TV
TV
Q1 26
$5.1B
Q4 25
$1.9B
Q3 25
$2.7B
Q2 25
$2.3B
Q1 25
$2.7B
Q4 24
$1.4B
Q3 24
$2.2B
Q2 24
$1.2B
FCF Margin
NFLX
NFLX
TV
TV
Q1 26
41.6%
Q4 25
15.5%
Q3 25
23.1%
Q2 25
20.5%
Q1 25
25.2%
Q4 24
13.5%
Q3 24
22.3%
Q2 24
12.7%
Capex Intensity
NFLX
NFLX
TV
TV
Q1 26
1.6%
Q4 25
2.0%
Q3 25
1.4%
Q2 25
1.4%
Q1 25
1.2%
Q4 24
1.5%
Q3 24
1.3%
Q2 24
0.8%
Cash Conversion
NFLX
NFLX
TV
TV
Q1 26
1.00×
Q4 25
0.87×
Q3 25
1.11×
Q2 25
0.78×
Q1 25
0.97×
Q4 24
0.82×
Q3 24
0.98×
Q2 24
0.60×

Financial Flow Comparison

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

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