Subscription streaming entertainment company expanding into advertising, gaming, live sports and podcasts.
View NFLX earnings calls| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $9.82B | $10.25B | $10.54B | $11.08B | $11.51B +17.2% | $12.05B +17.6% | $12.25B +16.2% | $12.56B +13.4% | Strengthening |
| Operating Profit | $2.91B | $2.27B | $3.35B | $3.77B | $3.25B +11.6% | $2.96B +30.1% | $3.96B +18.2% | $4.19B +11.1% | Strengthening |
| Net Profit | $2.36B | $1.87B | $2.89B | $3.13B | $2.55B +7.8% | $2.42B +29.4% | $5.28B +82.8% | $3.40B +8.8% | Strengthening |
| EPS | $5.52 | — | $0.68 | $0.74 | $6.00 +8.7% | — | $1.25 +83.8% | $0.81 +9.5% | Strengthening |
| Other Income | -$21.69M | $54.10M | $50.90M | $39.63M | $36.46M | $45.47M -16.0% | $2.85B +5503.6% | $51.66M +30.4% | Strengthening |
| Interest | $184.83M | $192.60M | $184.17M | $182.65M | $175.29M -5.2% | $234.40M +21.7% | $262.08M +42.3% | $175.69M -3.8% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $2.70B | $2.13B | $3.21B | $3.63B | $3.11B +15.0% | $2.77B +29.7% | $6.55B +103.7% | $4.07B +12.0% | Strengthening |
| MarginsOPM | 29.6% | 22.2% | 31.8% | 34.1% | 28.2% -4.7% | 24.5% +10.6% | 32.3% +1.7% | 33.4% -2.0% | Strengthening |
| Tax | 12.6% | 12.4% | 10.1% | 13.9% | 18.1% +44.0% | 12.6% +1.4% | 19.3% +91.9% | 16.4% +17.6% | Strengthening |
| ReturnsROIC | 4.0% | 3.2% | 4.9% | 5.3% | 4.3% +7.8% | 4.1% +29.4% | 9.0% +82.8% | 5.8% +8.8% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $3.79B | $5.02B | $8.21B | $6.03B | $5.15B | $7.12B | $7.80B | $9.03B | $9.10B |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $9.69B | $6.18B | $9.76B | $8.07B | $9.27B | $9.92B | $13.10B | $13.02B | $13.85B |
| Net PP&E | $418.28M | $2.10B | $3.00B | $3.77B | $3.63B | $3.57B | $3.70B | $4.21B | $4.44B |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | $32.45B | $32.78B | $33.84B |
| Total Assets | $25.97B | $33.98B | $39.28B | $44.58B | $48.59B | $48.73B | $53.63B | $55.60B | $58.45B |
| LiabilitiesTotal Current Liabilities | $6.49B | $6.86B | $7.81B | $8.49B | $7.93B | $8.86B | $10.76B | $10.98B | $12.13B |
| Short-Term Debt | — | $0 | $499.88M | $699.82M | $0 | $399.84M | $1.78B | $998.87M | $2.48B |
| Long-Term Debt | $10.36B | $14.76B | $15.81B | $14.69B | $14.35B | $14.14B | $13.80B | $13.46B | $11.83B |
| Long-Term Leases | — | $1.42B | $1.95B | $2.41B | $2.22B | $2.05B | $1.98B | $2.05B | $1.90B |
| Total Liabilities | $20.74B | $26.39B | $28.22B | $28.74B | $27.82B | $28.14B | $28.89B | $28.98B | $28.30B |
| EquityCommon Stock & APIC | $2.32B | $2.79B | $3.45B | $4.02B | $4.64B | $5.15B | $6.25B | $7.29B | $7.67B |
| Retained Earnings | $2.94B | $4.81B | $7.57B | $12.69B | $17.18B | $22.59B | $31.30B | $42.28B | $50.97B |
| Total Equity | $5.24B | $7.58B | $11.07B | $15.85B | $20.78B | $20.59B | $24.74B | $26.62B | $30.15B |
| HighlightsNet Cash / (Debt) | — | -$9.74B | -$8.10B | -$9.37B | -$9.21B | -$7.43B | -$7.78B | -$5.43B | -$5.21B |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$2.68B | -$2.89B | $2.43B | $392.61M | $2.03B | $7.27B | $7.36B | $10.15B | $11.97B |
| Cash from Investing | -$339.12M | -$387.06M | -$505.35M | -$1.34B | -$2.08B | $541.75M | -$2.18B | $1.04B | -$1.21B |
| Cash from Financing | $4.05B | $4.51B | $1.24B | -$1.15B | -$664.25M | -$5.95B | -$4.07B | -$10.35B | -$9.71B |
| SummaryCapital Expenditure | -$173.95M | -$253.03M | -$497.92M | -$524.59M | -$407.73M | -$348.55M | -$439.54M | -$688.22M | -$818.83M |
| Free Cash Flow | -$2.85B | -$3.14B | $1.93B | -$131.97M | $1.62B | $6.93B | $6.92B | $9.46B | $11.15B |
| FCF Margin | -18.1% | -15.6% | 7.7% | -0.4% | 5.1% | 20.5% | 17.7% | 20.9% | 23.1% |