Netflix, Inc.
Netflix, Inc. (NFLX) Financial Performance & Income Statement Overview
Review Netflix, Inc. (NFLX) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Netflix, Inc. (NFLX) Income Statement & Financial Overview
View the income breakdown for Netflix, Inc. NFLX across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $10.54B | $10.25B | $9.82B | $9.53B |
| Cost of Revenue | $5.26B | $5.77B | $5.12B | $5.17B |
| Gross Profit | $5.28B | $4.48B | $4.70B | $4.35B |
| Gross Profit Ratio | $0.50 | $0.44 | $0.48 | $0.46 |
| R&D Expenses | $822.82M | $776.50M | $735.06M | $711.25M |
| SG&A Expenses | $1.11B | $1.43B | $1.06B | $1.07B |
| Operating Expenses | $1.93B | $2.21B | $1.80B | $1.78B |
| Total Costs & Expenses | $7.20B | $7.97B | $6.92B | $6.96B |
| Interest Income | $50.90M | $0.00 | $0.00 | $79.005M |
| Interest Expense | $184.17M | $192.60M | $206.52M | $167.99M |
| Depreciation & Amortization | $3.90B | $4.24B | $3.78B | $3.85B |
| EBITDA | $7.30B | $6.18B | $6.67B | $6.53B |
| EBITDA Ratio | $0.69 | $0.60 | $0.68 | $0.69 |
| Operating Income | $3.35B | $2.27B | $2.91B | $2.60B |
| Operating Income Ratio | $0.32 | $0.22 | $0.30 | $0.27 |
| Other Income/Expenses (Net) | -$133.27M | -$138.50M | -$206.52M | -$88.98M |
| Income Before Tax | $3.21B | $2.13B | $2.70B | $2.51B |
| Income Before Tax Ratio | $0.30 | $0.21 | $0.28 | $0.26 |
| Income Tax Expense | $323.38M | $265.66M | $339.44M | $366.55M |
| Net Income | $2.89B | $1.87B | $2.36B | $2.15B |
| Net Income Ratio | $0.27 | $0.18 | $0.24 | $0.23 |
| EPS | $6.76 | $4.37 | $5.52 | $4.99 |
| Diluted EPS | $6.61 | $4.27 | $5.40 | $4.88 |
| Weighted Avg Shares Outstanding | $427.27M | $427.72M | $428.24M | $430.06M |
| Weighted Avg Shares Outstanding (Diluted) | $436.96M | $437.79M | $437.90M | $439.74M |
Financial performance has remained strong, with revenue growing from $9.53B in Q2 2024 to $10.54B in Q1 2025. Gross profit continued to perform well, with margins at 50% in the latest quarter. Operating income reached $3.35B in Q1 2025, holding a steady 32% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $7.30B. Net income rose to $2.89B, keeping EPS at $6.76. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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