Netflix, Inc. financials
Key figures from Netflix, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | $12.9B | $11.5B | +11.8% |
| Net income | $3.7B | $2.5B | +43.9% |
| Free cash flow | $2.9B | $2.7B | +8.4% |
| Gross margin | 52.8% | 46.4% | +6.3 pts |
| Operating margin | 34.6% | 28.2% | +6.4 pts |
| Net margin | 28.5% | 22.1% | +6.3 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $45.2B | $11.0B | 24.3% | $9.5B | $2.53 |
| FY Dec 2024 | $39.0B | $8.7B | 22.3% | $6.9B | $1.98 |
| FY Dec 2023 | $33.7B | $5.4B | 16.0% | $6.9B | $1.20 |
| FY Dec 2022 | $31.6B | $4.5B | 14.2% | $1.6B | $9.95 |
| FY Dec 2021 | $29.7B | $5.1B | 17.2% | -$132M | $11.24 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.