Netflix
Streams original and licensed entertainment through ad-free and ad-supported memberships.
$80.77
Pre-market−0.26 (−0.32%)
At close$81.03(−0.84%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8,542 | 8,833 | 9,370 | 9,559 | 9,825 | 10,247 | 10,543 | 11,079 | 11,510 | 12,051 | 12,250 | 12,560 |
| Cost of revenue | 4,931 | 5,307 | 4,977 | 5,174 | 5,120 | 5,767 | 5,263 | 5,325 | 6,164 | 6,523 | 5,888 | 6,037 |
| Gross profit | 3,611 | 3,525 | 4,393 | 4,385 | 4,705 | 4,479 | 5,280 | 5,754 | 5,346 | 5,528 | 6,362 | 6,523 |
| 1,694 | 2,029 | 1,761 | 1,782 | 1,795 | 2,206 | 1,933 | 1,979 | 2,098 | 2,571 | 2,405 | 2,330 | |
| Research & development | 657 | 673 | 702 | 711 | 735 | 777 | 823 | 825 | 854 | 890 | 960 | 1,008 |
| 1,037 | 1,356 | 1,058 | 1,071 | 1,060 | 1,430 | 1,110 | 1,154 | 1,244 | 1,681 | 1,445 | 1,323 | |
| Selling & marketing | 559 | 917 | 654 | 644 | 643 | 976 | 688 | 713 | 786 | 1,113 | 842 | 824 |
| General & administrative | 479 | 439 | 404 | 427 | 417 | 454 | 421 | 441 | 458 | 568 | 603 | 499 |
| Operating income | 1,916 | 1,496 | 2,633 | 2,603 | 2,909 | 2,273 | 3,347 | 3,775 | 3,248 | 2,957 | 3,957 | 4,193 |
| −7 | −348 | −18 | −89 | −207 | −138 | −133 | −143 | −139 | −189 | 2,590 | −124 | |
| Interest income | 168 | 0 | 155 | 79 | 0 | 54 | 51 | 40 | 36 | 45 | 2,852 | 52 |
| Interest expense | 176 | 175 | 173 | 168 | 207 | 193 | 184 | 183 | 175 | 234 | 262 | 176 |
| Other non-operating income | −168 | 124 | −155 | −79 | 0 | −54 | −51 | −40 | −36 | −45 | −2,852 | −52 |
| Income before tax | 1,909 | 1,148 | 2,615 | 2,514 | 2,703 | 2,134 | 3,214 | 3,632 | 3,109 | 2,768 | 6,547 | 4,069 |
| Income tax expense | 232 | 210 | 282 | 367 | 339 | 266 | 323 | 506 | 562 | 349 | 1,264 | 667 |
| Net income from continuing operations | 1,677 | 938 | 2,332 | 2,147 | 2,364 | 1,869 | 2,890 | 3,125 | 2,547 | 2,419 | 5,283 | 3,401 |
| Net income | 1,677 | 938 | 2,332 | 2,147 | 2,364 | 1,869 | 2,890 | 3,125 | 2,547 | 2,419 | 5,283 | 3,401 |
| EPS, basic | $0.38 | $0.22 | $0.54 | $0.50 | $0.55 | $0.44 | $0.68 | $0.74 | $0.60 | $0.57 | $1.25 | $0.81 |
| EPS, diluted | $0.37 | $0.21 | $0.53 | $0.49 | $0.54 | $0.43 | $0.66 | $0.72 | $0.59 | $0.56 | $1.23 | $0.80 |
| Weighted average shares, basic | 4,415 | 4,416 | 4,321 | 4,301 | 4,282 | 4,277 | 4,273 | 4,252 | 4,245 | 4,229 | 4,223 | 4,189 |
| Weighted average shares, diluted | 4,500 | 4,495 | 4,417 | 4,397 | 4,379 | 4,378 | 4,370 | 4,349 | 4,340 | 4,317 | 4,298 | 4,261 |
| EBITDA | 5,749 | 5,213 | 6,546 | 6,533 | 6,690 | 6,568 | 7,301 | 7,726 | 7,375 | 7,852 | 11,126 | 4,244 |
| Depreciation & amortization | 3,664 | 3,841 | 3,758 | 3,851 | 3,780 | 4,241 | 3,903 | 3,912 | 4,090 | 4,850 | 4,316 | 0 |
| EBIT | 2,085 | 1,372 | 2,788 | 2,682 | 2,909 | 2,327 | 3,398 | 3,814 | 3,285 | 3,002 | 6,809 | 4,244 |