Netflix Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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Netflix, Inc. income statement - Annual data in billions USD
BreakdownFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period EndingDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Revenue & Gross Profit
Revenue45.1839.0033.7231.6229.7025.0020.1615.79
Cost of Revenue23.2821.0419.7219.1717.3315.2812.449.97
Gross Profit21.9117.9614.0112.4512.379.727.725.83
Operating Expenses
Research & Development3.392.932.682.712.271.981.671.22
Selling, General & Administrative5.194.624.384.103.903.303.574.22
Operating Expenses8.587.547.056.816.171.482.024.22
Operating Income13.3310.426.955.636.194.592.601.61
Other Income/Expense
Interest Income0.170.270.280.060.010.040.000.04
Interest Expense0.780.720.75-0.71-0.77-0.770.000.42
Other Income/Expense0.00-0.450.050.00-0.410.62-0.080.00
Income
Income Before Tax12.729.976.215.265.843.202.061.23
Income Tax Expense1.741.250.800.770.720.440.200.02
Net Income10.988.715.414.495.122.761.871.21
Net Income - Continuous Operations10.988.715.414.495.120.000.000.00
Net Income - Discontinued Operations0.000.000.000.000.000.000.000.00
EBITDA30.2526.316.215.9719.0414.8912.019.26
EBIT13.5010.426.215.636.613.972.691.65
Depreciation & Amortization16.7615.6314.550.340.210.120.000.00
Earnings Per Share
Basic EPS3.002.0012.001.0012.006.004.003.00
Diluted EPS3.002.0012.001.0011.006.004.003.00
Basic Shares Outstanding4.254.300.444.450.440.440.440.44
Diluted Shares Outstanding4.344.390.454.510.460.450.450.45