Friday 30 October 2026 Export NFLX’s income statement to Excel — free account

Netflix, Inc.

NFLX Communication Services Entertainment

Netflix, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $45.2 billion, up 15.9% from fiscal 2024. In the quarter to June 2026, revenue grew 13.4%, EPS grew 10.2%, free cash flow fell 32.7% and total debt fell 18.2%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for three.

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Market cap: $254.8B
P/E: 19.2×
Fwd P/E: 18.4×
Dividend yield: —
F-score: 7/9
Altman Z: 10.96
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

Netflix, Inc. (NFLX) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Reportable Segment	45,183	100.00%
Gross margin		48.49%
Operating margin		29.49%
Pre-tax margin		28.16%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023
Streaming	45,183 100.00%	39,001 100.00%	33,640 99.75%
Revenue	45,183	39,001	33,723

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Reportable Segment	45,183 100.00%	39,001 100.00%	33,723 100.00%	—	—	—	—	—	—	—	—	—
International Streaming	—	—	—	7,782 49.27%	5,089 43.52%	3,211 36.36%	1,953 28.81%	1,308 23.76%	712 16.28%	288 7.97%	—	—
Domestic Streaming	—	—	—	7,647 48.41%	6,153 52.62%	5,077 57.50%	4,180 61.66%	3,431 62.34%	2,751 62.89%	2,185 60.53%	—	—
Domestic Dvd	—	—	—	366 2.31%	450 3.85%	542 6.14%	646 9.52%	765 13.90%	911 20.82%	1,137 31.50%	—	—
Domestic	—	—	—	—	—	—	—	—	—	—	3,122 97.41%	2,159 99.83%
International	—	—	—	—	—	—	—	—	—	—	83 2.59%	4 0.17%
Revenue	45,183	39,001	33,723	15,794	11,693	8,831	6,780	5,505	4,375	3,609	3,205	2,163

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Reportable Segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Ads plan share of Netflix sign-ups in ads markets	Q1 FY2026	60.0%	—	—
Global Streaming Paid Memberships	Q4 FY2025	325.0M	301.6M	+7.75%

	Q1 FY2026	Q4 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Ads plan share of Netflix sign-ups in ads markets	‡	‡	‡	‡	‡	‡	‡
Global Streaming Paid Memberships	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.