Netflix Inc (NFLX) stock
NFLXNasdaqServices-Video Tape RentalFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 21, 2026Score 20/3033% below fair value
$62.15−0.54 (-0.86%)
Close on Nov 13, 2026Market cap $255.21BP/E 18.0Yield –
Netflix profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Netflix's profit margin for the twelve months ending Sep 30, 2026 was 29.7%. For fiscal 2025 it was 24.3%, against 22.3% the year before. The highest annual figure on record is 24.3% in fiscal 2025.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 24.3% | +2.0 |
| FY2024 | Dec 31, 2024 | 22.3% | +6.3 |
| FY2023 | Dec 31, 2023 | 16.0% | +1.8 |
| FY2022 | Dec 31, 2022 | 14.2% | −3.0 |
| FY2021 | Dec 31, 2021 | 17.2% | +6.2 |
| FY2020 | Dec 31, 2020 | 11.0% | +1.8 |
| FY2019 | Dec 31, 2019 | 9.3% | +1.6 |
| FY2018 | Dec 31, 2018 | 7.7% | +2.9 |
| FY2017 | Dec 31, 2017 | 4.8% | +2.7 |
| FY2016 | Dec 31, 2016 | 2.1% | +0.3 |
| FY2015 | Dec 31, 2015 | 1.8% | −3.0 |
| FY2014 | Dec 31, 2014 | 4.8% | +2.3 |
| FY2013 | Dec 31, 2013 | 2.6% | +2.1 |
| FY2012 | Dec 31, 2012 | 0.5% | −6.6 |
| FY2011 | Dec 31, 2011 | 7.1% | −0.4 |
| FY2010 | Dec 31, 2010 | 7.4% | +0.5 |
| FY2009 | Dec 31, 2009 | 6.9% | +0.9 |
| FY2008 | Dec 31, 2008 | 6.1% | +0.6 |
| FY2007 | Dec 31, 2007 | 5.5% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 28.5% | +6.3 |
| Q2 FY2026 | Jun 30, 2026 | 27.1% | −1.1 |
| Q1 FY2026 | Mar 31, 2026 | 43.1% | +15.7 |
| Q4 FY2025 | Dec 31, 2025 | 20.1% | +1.8 |
| Q3 FY2025 | Sep 30, 2025 | 22.1% | −1.9 |
| Q2 FY2025 | Jun 30, 2025 | 28.2% | +5.7 |
| Q1 FY2025 | Mar 31, 2025 | 27.4% | +2.5 |
| Q4 FY2024 | Dec 31, 2024 | 18.2% | +7.6 |
| Q3 FY2024 | Sep 30, 2024 | 24.1% | +4.4 |
| Q2 FY2024 | Jun 30, 2024 | 22.5% | +4.3 |
| Q1 FY2024 | Mar 31, 2024 | 24.9% | +8.9 |
| Q4 FY2023 | Dec 31, 2023 | 10.6% | +9.9 |
| Q3 FY2023 | Sep 30, 2023 | 19.6% | +2.0 |
| Q2 FY2023 | Jun 30, 2023 | 18.2% | +0.1 |
| Q1 FY2023 | Mar 31, 2023 | 16.0% | −4.3 |
| Q4 FY2022 | Dec 31, 2022 | 0.7% | −7.2 |
| Q3 FY2022 | Sep 30, 2022 | 17.6% | −1.7 |
| Q2 FY2022 | Jun 30, 2022 | 18.1% | −0.3 |
| Q1 FY2022 | Mar 31, 2022 | 20.3% | −3.5 |
| Q4 FY2021 | Dec 31, 2021 | 7.9% | −0.3 |
| Q3 FY2021 | Sep 30, 2021 | 19.4% | +7.1 |
| Q2 FY2021 | Jun 30, 2021 | 18.4% | +6.7 |
| Q1 FY2021 | Mar 31, 2021 | 23.8% | +11.5 |
| Q4 FY2020 | Dec 31, 2020 | 8.2% | −2.6 |
| Q3 FY2020 | Sep 30, 2020 | 12.3% | −0.4 |
| Q2 FY2020 | Jun 30, 2020 | 11.7% | +6.2 |
| Q1 FY2020 | Mar 31, 2020 | 12.3% | +4.7 |
| Q4 FY2019 | Dec 31, 2019 | 10.7% | +7.5 |
| Q3 FY2019 | Sep 30, 2019 | 12.7% | +2.6 |
| Q2 FY2019 | Jun 30, 2019 | 5.5% | −4.3 |
| Q1 FY2019 | Mar 31, 2019 | 7.6% | −0.2 |
| Q4 FY2018 | Dec 31, 2018 | 3.2% | −2.4 |
| Q3 FY2018 | Sep 30, 2018 | 10.1% | +5.7 |
| Q2 FY2018 | Jun 30, 2018 | 9.8% | +7.5 |
| Q1 FY2018 | Mar 31, 2018 | 7.8% | +1.1 |
| Q4 FY2017 | Dec 31, 2017 | 5.6% | +3.0 |
| Q3 FY2017 | Sep 30, 2017 | 4.3% | – |
| Q2 FY2017 | Jun 30, 2017 | 2.4% | – |
| Q1 FY2017 | Mar 31, 2017 | 6.8% | – |
| Q4 FY2016 | Dec 31, 2016 | 2.7% | – |
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