NFLX NETFLIX INC
NasdaqCommunication & mediaServices-Video Tape RentalLos Gatos, CAFY ends December 31
FY2025 at a glance
Fundamentals from SEC filings, not quotes- Revenue
- $45.2BYoYup 15.85%ended Dec 31, 2025
- Net income
- $11B24.3% margin
- Diluted EPS
- $2.53YoY—
- Free cash flow
- —
- Cash
- $9.03B
- Total debt
- —
Overview
NETFLIX INC (NFLX) is listed on Nasdaq; the SEC classifies it under "Services-Video Tape Rental".
For fiscal 2025 (ended Dec 31, 2025) it reported revenue of $45.18B, up 15.9% from fiscal 2024.
Net income was $10.98B, a net margin of 24.3%.
At fiscal year end it had total assets of $55.6B and stockholders' equity of $26.62B (47.9% of assets).
- Fiscal years shown
- FY2021–FY2025 (5 years)
- Latest 10-K
- Jan 23, 2026
- Latest filing
- 10-QOct 21, 2026
Charts
Revenue and net income
| Period | Revenue | Net income | Net margin |
|---|---|---|---|
| FY2021 | $29.7B | $5.12B | 17.2% |
| FY2022 | $31.6B | $4.49B | 14.2% |
| FY2023 | $33.7B | $5.41B | 16.0% |
| FY2024 | $39B | $8.71B | 22.3% |
| FY2025 | $45.2B | $11B | 24.3% |
Diluted EPS
| Period | EPS (diluted) |
|---|---|
| FY2021 | $11.24 |
| FY2022 | $9.95 |
| FY2023 | $12.03 |
| FY2024 | $19.83 |
| FY2025 | $2.53 |
Shares outstanding
| Period | Shares outstanding |
|---|---|
| FY2021 | 444M |
| FY2022 | 445M |
| FY2023 | 433M |
| FY2024 | 428M |
| FY2025 | 4.22B |
Cash vs total debt
| Period | Cash & equivalents |
|---|---|
| FY2021 | $6.03B |
| FY2022 | $5.15B |
| FY2023 | $7.12B |
| FY2024 | $7.8B |
| FY2025 | $9.03B |
Each bar is one fiscal year as reported in its 10-K; bars below the zero line are negative and gaps are years not reported. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.
Ratios
Profitability
- Net margin
- 24.3%
- Return on equity
- 42.8%
- Return on assets
- 20.1%
Growth
| Metric | 1y | 3y CAGR |
|---|---|---|
| Revenue | up 15.85% | up 12.64% |
| EPS (diluted) | — | — |
| Free cash flow | — | — |
- Change in share count
- —
Financial strength
- Liabilities / assets
- 52.1%
- Equity / assets
- 47.9%
Shareholder returns
Not reported in this company's 10-K data yet.
Quality screens
Piotroski F-Score
3 of 3 checks passed
FY2025 vs FY2024
Not enough comparable 10-K data: a score needs at least 7 of the 9 checks.
- PassPositive return on assets20.5%
- —Not computablePositive operating cash flow—
- PassReturn on assets improved20.5% vs 17.9%
- —Not computableOperating cash flow above net income— vs 20.5%
- —Not computableLong-term debt / assets fell—
- —Not computableCurrent ratio improved—
- —Not computableNo increase in share count—
- —Not computableGross margin improved—
- PassAsset turnover improved0.84× vs 0.8×
Altman Z''-Score
Needs current assets and liabilities, retained earnings, operating income, total assets, liabilities and equity from the latest 10-K.
Screening heuristic, not a recommendation. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.
Financial statements
USD millions, except per-share figures (USD). Share counts in millions.
Income statement
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 | FY2023Dec 31, 2023 | FY2022Dec 31, 2022 | FY2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 45,183 | 39,001 | 33,723 | 31,616 | 29,698 |
| YoY (Revenue) | +15.85% | +15.65% | +6.67% | +6.46% | — |
| Net income | 10,981 | 8,712 | 5,408 | 4,492 | 5,116 |
| YoY (Net income) | +26.05% | +61.09% | +20.39% | -12.20% | — |
| EPS (diluted) | 2.53 | 19.83 | 12.03 | 9.95 | 11.24 |
| YoY (EPS (diluted)) | — | +64.84% | +20.90% | -11.48% | — |
Balance sheet
| Metric | FY2025Dec 31, 2025 | FY2024Dec 31, 2024 | FY2023Dec 31, 2023 | FY2022Dec 31, 2022 | FY2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash & equivalents | 9,034 | 7,805 | 7,117 | 5,147 | 6,028 |
| Total assets | 55,597 | 53,630 | 48,732 | 48,595 | 44,585 |
| Total liabilities | 28,982 | 28,887 | 28,144 | 27,817 | 28,735 |
| Stockholders' equity | 26,615 | 24,744 | 20,588 | 20,777 | 15,849 |
| Shares outstanding | 4,222 | 428 | 433 | 445 | 444 |
Key financials (annual, 10-K)
Values as reported in each fiscal year's Form 10-K (XBRL data on SEC EDGAR); growth and ratios are computed from those values. Revenue is the total revenue figure the company tagged (omitted when the only figure tagged is evidently partial, e.g. below net income); growth is only shown between consecutive ~12-month fiscal years reported with the same revenue measure. Per-share figures and share counts are as reported and not adjusted for later stock splits. — = not reported.
Filing timeline
- 10-QQuarterly report· Sep 30, 2026(SEC EDGAR)
- 8-KCurrent report· Oct 20, 2026(SEC EDGAR)
- 8-KCurrent report· Jul 26, 2026(SEC EDGAR)
- 8-KCurrent report· Jul 20, 2026(SEC EDGAR)
- 10-QQuarterly report· Jun 30, 2026(SEC EDGAR)
- 8-KCurrent report· Jul 16, 2026(SEC EDGAR)
- 8-KCurrent report· Jun 4, 2026(SEC EDGAR)
- 8-KCurrent report· Apr 22, 2026(SEC EDGAR)
- 10-QQuarterly report· Mar 31, 2026(SEC EDGAR)
- DEF 14AProxy statement· Jun 4, 2026(SEC EDGAR)
Frequently asked questions
What does NETFLIX INC do?
The SEC classifies NETFLIX INC under Standard Industrial Classification (SIC) code 7841, "Services-Video Tape Rental". It is headquartered in Los Gatos, CA. It is incorporated in DE. In fiscal 2025 it reported revenue of $45.18B and net income of $10.98B in its annual 10-K report.
What was NETFLIX INC's revenue in 2025?
NETFLIX INC reported revenue of $45.18B for fiscal 2025, which ended Dec 31, 2025, up 15.9% from $39B in fiscal 2024, according to its annual 10-K report filed with the SEC on Jan 23, 2026.
What was NETFLIX INC's net income in 2025?
NETFLIX INC reported net income of $10.98B for fiscal 2025, a net margin of 24.3% of revenue.
Where is NETFLIX INC listed?
According to the SEC, NETFLIX INC's ticker NFLX is listed on Nasdaq.
When does NETFLIX INC's fiscal year end?
According to the SEC, NETFLIX INC's fiscal year ends on December 31; its latest reported fiscal year (2025) ended Dec 31, 2025.
Source: SEC EDGAR · Last updated:
Ver en españolNot investment advice: This page shows financial data that companies reported to the US Securities and Exchange Commission, for information only. It is not investment advice or a recommendation to buy or sell any security, and it shows no stock prices. Data may be incomplete, restated or out of date — check the original filings on SEC EDGAR before making decisions.