NetFlix Inc (NFLX) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collectiv...
NetFlix Inc's revenue increased 15.9% year over year, from $39.00B to $45.18B.
Net income increased 26.1% over the same period, from $8.71B to $10.98B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 412% in total.
Total debt decreased by 7.2% to $14.46B.
The debt-to-equity ratio stands at 0.54, indicating a moderate leverage profile.
Operating cash flow grew 37.9% to $10.15B.
NetFlix Inc maintains a strong net profit margin of 24.3%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $9.82B+2.8% | $2.36B | $4.70B | $2.91B | $2.32B | $52.28B | $15.98B | $22.72B |
| Q4 FY2024 | $10.25B+4.3% | $1.87B | $4.48B | $2.27B | $1.54B | $53.63B | $15.58B | $24.74B |
| Q1 FY2025 | $10.54B+2.9% | $2.89B | $5.28B | $3.35B | $2.79B | $52.09B | $15.02B | $24.03B |
| Q2 FY2025 | $11.08B+5.1% | $3.13B | $5.75B | $3.77B | $2.42B | $53.10B | $14.45B | $24.95B |
| Q3 FY2025 | $11.51B+3.9% | $2.55B | $5.35B | $3.25B | $2.83B | $54.93B | $14.46B | $25.95B |
| Q4 FY2025 | $12.05B+4.7% | $2.42B | $5.53B | $2.96B | $2.11B | $55.60B | $14.46B | $26.62B |
| Q1 FY2026 | $12.25B+1.7% | $5.28B | $6.36B | $3.96B | $5.29B | $61.02B | $14.36B | $31.13B |
| Q2 FY2026 | $12.56B+2.5% | $3.40B | $6.52B | $4.19B | $1.74B | $58.45B | $16.65B | $30.15B |
Balance Sheet Summary (Q2 FY2026)
NetFlix Inc (NFLX) Financial Statements & Revenue History
NetFlix Inc (NFLX) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Services-Video Tape Rental industry trading at $70.31 with a market capitalization of $293. This page provides 42 historical financial statements for NetFlix Inc, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, NetFlix Inc reported revenue of $45.2 billion, representing 15.9% year-over-year growth. The net profit margin of 24.3% reflects strong profitability. The debt-to-equity ratio of 0.54 reflects moderate leverage.
NFLX Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows NetFlix Inc's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether NFLX is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track NFLX's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently NetFlix Inc converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of NFLX's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use NFLX Financial Data
Investors use NetFlix Inc's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare NFLX's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how NFLX's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View NFLX's financial health score, earnings, and pre-market pricing.
Financial data is sourced from NetFlix Inc's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.NFLX trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.