Netflix Inc (NFLX) Financial Statements
Industry: Video Tape Rental (Services)
In fiscal 2025, Netflix reported revenue of $45.18B, up 15.9% from $39.00B the year before. Net income was $10.98B (a 24.3% net margin), or $2.53 per diluted share. Gross margin was 48.5% and operating margin was 29.5%. Operating activities generated $10.15B of cash, leaving $9.46B of free cash flow. At fiscal year end, Netflix held $55.60B in total assets against $28.98B in total liabilities, including $9.03B of cash and equivalents.
Open the full interactive Netflix financials → Quarterly statements, key ratios, valuation history and price charts.
Netflix Key Stats
| Share Price | $70.46 |
|---|---|
| Market Cap | $300.25B |
| P/E Ratio | 27.8 |
| Revenue YoY Growth | +15.8% |
| 52-Week Range | $67.06 – $124.14 |
| Shares Outstanding | 4.19 billion (basic, 2026 Q2) |
Netflix Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $25.00B | $29.70B | $31.62B | $33.72B | $39.00B | $45.18B |
| Gross Profit | $9.72B | $12.37B | $12.45B | $14.01B | $17.96B | $21.91B |
| Operating Income | $4.59B | $6.19B | $5.63B | $6.95B | $10.42B | $13.33B |
| Pre-Tax Income | $3.20B | $5.84B | $5.26B | $6.21B | $9.97B | $12.72B |
| Income Tax | $438.0M | $723.9M | $772.0M | $797.4M | $1.25B | $1.74B |
| Net Income | $2.76B | $5.12B | $4.49B | $5.41B | $8.71B | $10.98B |
| Diluted EPS | $0.61 | $1.12 | $0.99 | $1.20 | $1.98 | $2.53 |
Netflix Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $11.51B | $12.05B | $12.25B | $12.56B |
| Net Income | $2.55B | $2.42B | $5.28B | $3.40B |
| Diluted EPS | $0.59 | $0.56 | $1.23 | $0.80 |
Netflix Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $8.21B | $6.03B | $5.15B | $7.12B | $7.80B | $9.03B |
| Current Assets | $9.76B | $8.07B | $9.27B | $9.92B | $13.10B | $13.02B |
| Total Assets | $39.28B | $44.58B | $48.59B | $48.73B | $53.63B | $55.60B |
| Current Liabilities | $7.81B | $8.49B | $7.93B | $8.86B | $10.76B | $10.98B |
| Total Long-Term Debt | $21.86B | $14.69B | $14.35B | $14.14B | $13.80B | $13.46B |
| Total Liabilities | $28.22B | $28.74B | $27.82B | $28.14B | $28.89B | $28.98B |
| Shareholders' Equity | $11.07B | $15.85B | $20.78B | $20.59B | $24.74B | $26.62B |
Netflix Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.43B | $392.6M | $2.03B | $7.27B | $7.36B | $10.15B |
| Cash From Investing | -$505.4M | -$1.34B | -$2.08B | $541.8M | -$2.18B | $1.04B |
| Cash From Financing | $1.24B | -$1.15B | -$664.3M | -$5.95B | -$4.07B | -$10.35B |
| Free Cash Flow | $1.93B | -$132.0M | $1.62B | $6.93B | $6.92B | $9.46B |
Figures from Netflix's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Netflix financials page for every line item.
Netflix Company Profile
| Ticker | NFLX |
|---|---|
| Exchange | Nasdaq |
| Industry | Video Tape Rental (Services) |
| Headquarters | Los Gatos, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001065280 |
Frequently Asked Questions
What was Netflix's revenue in fiscal 2025?
Netflix (NFLX) reported revenue of $45.18B for fiscal 2025.
What is Netflix's annual revenue history?
Netflix's annual revenue by fiscal year: 2020: $25.00B; 2021: $29.70B; 2022: $31.62B; 2023: $33.72B; 2024: $39.00B; 2025: $45.18B.
What was Netflix's net income in fiscal 2025?
Netflix reported net income of $10.98B for fiscal 2025.
What was Netflix's earnings per share (EPS) in fiscal 2025?
Netflix's diluted EPS was $2.53 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Netflix generate in fiscal 2025?
Netflix generated $9.46B of free cash flow in fiscal 2025.
What was Netflix's revenue last quarter?
In its most recent reported quarter (2026 Q2), Netflix reported revenue of $12.56B.
How much debt does Netflix have?
Netflix reported $13.46B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Netflix are outstanding?
Netflix reported a weighted average of 4.19 billion basic shares outstanding in 2026 Q2.
What is Netflix's market cap?
Based on its latest closing price, Netflix (NFLX) has a market capitalization of about $300.25B.
When does Netflix's fiscal year end?
Netflix's fiscal year end, as registered with the SEC, is December 31.
Where is Netflix headquartered?
Netflix lists its business address in Los Gatos, California in its SEC filings.