Netflix, Inc. (NFLX) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	48.4B	45.2B	39.0B	33.7B	31.6B
Cost of Revenue	24.6B	23.3B	21.0B	19.7B	19.2B
Gross Profit	23.8B	21.9B	18.0B	14.0B	12.4B
Operating Expenses
R&D Expense	3.7B	3.4B	2.9B	2.7B	2.7B
SG&A Expense	5.7B	5.2B	4.6B	4.4B	4.1B
General & Admin Expense	2.1B	1.9B	1.7B	1.7B	1.6B
Selling & Marketing Expense	3.6B	3.3B	2.9B	2.7B	2.5B
Other Expenses	—	—	—	—	—
Total Operating Expenses	9.4B	8.6B	7.5B	7.1B	6.8B
Cost and Expenses	34.0B	31.9B	28.6B	26.8B	26.0B
Operating Income (EBIT)	14.4B	13.3B	10.4B	7.0B	5.6B
Non-Operating
Interest Income	3.0B	172.5M	266.8M	—	337.3M
Interest Expense	847.5M	776.5M	718.7M	748.6M	706.2M
Net Interest Income	2.1B	(604.1M)	(452.0M)	(748.6M)	(368.9M)
Other Non-Op Income/Expense	2.1B	(604.1M)	(452.0M)	(748.6M)	(368.9M)
Non-Operating Income (excl Interest)	(3.0B)	(172.5M)	(266.8M)	—	(337.3M)
EBT (Pre-Tax Income)	16.5B	12.7B	10.0B	6.2B	5.3B
Income Tax Expense	2.8B	1.7B	1.3B	797.4M	772.0M
Bottom Line
Net Income	13.6B	11.0B	8.7B	5.4B	4.5B
Earnings from Cont. Ops	13.6B	11.0B	8.7B	5.4B	4.5B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	13.6B	11.0B	8.7B	5.4B	4.5B
Per Share
Basic EPS	$3.23	$2.58	$2.03	$1.23	$1.01
Diluted EPS	$3.18	$2.53	$1.98	$1.20	$1.00
Revenue Per Share	$11.55	$10.68	$9.08	$7.64	$7.11
Shares
Basic Shares Outstanding	4.2B	4.2B	4.3B	4.4B	4.4B
Diluted Shares Outstanding	4.3B	4.3B	4.4B	4.5B	4.5B
Profitability Metrics
EBITDA	30.6B	30.3B	26.3B	21.5B	20.3B
D&A	13.3B	16.8B	15.6B	14.6B	14.4B
EBIT	17.3B	13.5B	10.7B	7.0B	6.0B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026