Income Statement Netflix, Inc.

Equities

NFLX

US64110L1061

Internet Services

Market Closed - Nasdaq Other stock markets 02:30:00 15/01/2026 am IST			Pre-market 05:35:05 pm
88.55 ^USD	-1.96%		88.72	+0.19%

15/01	Netflix, Paramount Meet EU Antitrust Regulators on Warner Bids	MT
15/01	Communications Services Down on Flight From Risk -- Communications Services Roundup	DJ

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Published financial data: NETFLIX, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.5TCr	2.97TCr	3.16TCr	3.37TCr	3.9TCr
Total Revenues	2.5TCr	2.97TCr	3.16TCr	3.37TCr	3.9TCr
Cost of Goods Sold, Total	1.53TCr	1.73TCr	1.92TCr	1.97TCr	2.1TCr
Gross Profit	971.97Cr	1.24TCr	1.24TCr	1.4TCr	1.8TCr
Selling General & Admin Expenses, Total	330.48Cr	389.68Cr	410.34Cr	437.82Cr	461.96Cr
R&D Expenses	182.96Cr	227.39Cr	271.1Cr	267.58Cr	292.53Cr
Other Operating Expenses, Total	513.44Cr	617.07Cr	681.44Cr	705.39Cr	754.49Cr
Operating Income	458.53Cr	619.45Cr	563.28Cr	695.4Cr	1.04TCr
Interest Expense, Total	-77Cr	-77Cr	-71Cr	-70Cr	-72Cr
Interest And Investment Income	4.16Cr	82.14L	5.53Cr	24Cr	29Cr
Net Interest Expenses	-73Cr	-76Cr	-65Cr	-46Cr	-42Cr
Currency Exchange Gains (Loss)	-66Cr	40Cr	28Cr	-29Cr	-1.8Cr
Other Non Operating Income (Expenses)	-	-	-	-	-92.24L
EBT, Excl. Unusual Items	319.93Cr	584.01Cr	526.39Cr	620.54Cr	996.57Cr
EBT, Incl. Unusual Items	319.93Cr	584.01Cr	526.39Cr	620.54Cr	996.57Cr
Income Tax Expense	44Cr	72Cr	77Cr	80Cr	125.4Cr
Earnings From Continuing Operations	276.14Cr	511.62Cr	449.19Cr	540.8Cr	871.16Cr
Net Income to Company	276.14Cr	511.62Cr	449.19Cr	540.8Cr	871.16Cr
Net Income - (IS)	276.14Cr	511.62Cr	449.19Cr	540.8Cr	871.16Cr
Net Income to Common Incl Extra Items	276.14Cr	511.62Cr	449.19Cr	540.8Cr	871.16Cr
Net Income to Common Excl. Extra Items	276.14Cr	511.62Cr	449.19Cr	540.8Cr	871.16Cr
Per Share Items
Net EPS - Basic	0.63	1.15	1.01	1.22	2.03
Basic EPS - Continuing Operations	0.63	1.15	1.01	1.22	2.03
Basic Weighted Average Shares Outstanding	440.92Cr	443.16Cr	444.7Cr	441.57Cr	429.52Cr
Net EPS - Diluted	0.61	1.12	1	1.2	1.98
Diluted EPS - Continuing Operations	0.61	1.12	1	1.2	1.98
Diluted Weighted Average Shares Outstanding	454.21Cr	455.37Cr	451.29Cr	449.5Cr	439.26Cr
Normalized Basic EPS	0.45	0.82	0.74	0.88	1.45
Normalized Diluted EPS	0.44	0.8	0.73	0.86	1.42
American Depositary Receipts Ratio (ADR)	0	0	0	0	0
Supplemental Items
EBITDA	470.1Cr	640.29Cr	596.95Cr	731.1Cr	1.07TCr
EBITA	458.53Cr	619.45Cr	563.28Cr	695.4Cr	1.04TCr
EBIT	458.53Cr	619.45Cr	563.28Cr	695.4Cr	1.04TCr
EBITDAR	481.8Cr	694.55Cr	657.79Cr	794.96Cr	1.14TCr
Effective Tax Rate - (Ratio)	13.69	12.39	14.67	12.85	12.58
Current Domestic Taxes	9Cr	17Cr	23Cr	103.59Cr	130.85Cr
Current Foreign Taxes	28Cr	36Cr	68Cr	30Cr	54Cr
Total Current Taxes	37Cr	52Cr	91Cr	134.04Cr	184.54Cr
Deferred Domestic Taxes	11Cr	19Cr	-8.31Cr	-47Cr	-56Cr
Deferred Foreign Taxes	-3.69Cr	1.33Cr	-5.14Cr	-7.47Cr	-2.92Cr
Total Deferred Taxes	7.01Cr	20Cr	-13Cr	-54Cr	-59Cr
Normalized Net Income	199.96Cr	365.01Cr	329Cr	387.84Cr	622.85Cr
Interest on Long-Term Debt	75Cr	75Cr	70Cr	70Cr	72Cr
Supplemental Operating Expense Items
Advertising Expense	144.7Cr	166.9Cr	158.6Cr	173.2Cr	177.9Cr
Marketing Expenses	78Cr	88Cr	94Cr	93Cr	-
Selling and Marketing Expenses	222.84Cr	254.51Cr	253.05Cr	265.79Cr	291.76Cr
General and Administrative Expenses	107.65Cr	135.16Cr	157.29Cr	172.03Cr	170.2Cr
Research And Development Expense From Footnotes	182.96Cr	227.39Cr	271.1Cr	267.58Cr	292.53Cr
Net Rental Expense, Total	12Cr	54Cr	61Cr	64Cr	67Cr
Imputed Operating Lease Interest Expense	4.12Cr	18Cr	20Cr	21Cr	22Cr
Imputed Operating Lease Depreciation	7.58Cr	36Cr	41Cr	43Cr	45Cr
Stock-Based Comp., Other (Total)	42Cr	40Cr	58Cr	34Cr	27Cr
Total Stock-Based Compensation	42Cr	40Cr	58Cr	34Cr	27Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	820.56Cr	602.78Cr	514.72Cr	711.69Cr	780.47Cr
Short Term Investments	-	-	91Cr	2.1Cr	177.9Cr
Total Cash And Short Term Investments	820.56Cr	602.78Cr	605.85Cr	713.79Cr	958.37Cr
Accounts Receivable, Total	61Cr	80Cr	99Cr	128.71Cr	133.53Cr
Other Receivables	-	-	-	56Cr	65Cr
Total Receivables	61Cr	80Cr	99Cr	184.21Cr	198.83Cr
Prepaid Expenses	20Cr	32Cr	39Cr	41Cr	43Cr
Restricted Cash	-	-	34.1L	14.66L	-
Other Current Assets, Total	74Cr	91Cr	182.3Cr	53Cr	109.64Cr
Total Current Assets	976.16Cr	806.98Cr	926.65Cr	991.81Cr	1.31TCr
Gross Property Plant And Equipment	349.27Cr	438.63Cr	437.91Cr	442.34Cr	461.36Cr
Accumulated Depreciation	-49Cr	-62Cr	-75Cr	-86Cr	-92Cr
Net Property Plant And Equipment	299.79Cr	377Cr	362.54Cr	356.83Cr	369.61Cr
Long-term Investments	-	-	-	-	-
Other Intangibles, Total	1.37TCr	1.38TCr	1.27TCr	1.27TCr	1.24TCr
Deferred Tax Assets Long-Term	59Cr	15Cr	26Cr	100.08Cr	129.02Cr
Other Long-Term Assets, Total	1.22TCr	1.88TCr	2.27TCr	2.15TCr	2.31TCr
Total Assets	3.93TCr	4.46TCr	4.86TCr	4.87TCr	5.36TCr
Liabilities
Accounts Payable, Total	66Cr	84Cr	67Cr	75Cr	90Cr
Accrued Expenses, Total	85Cr	113.42Cr	115.87Cr	128.06Cr	141.01Cr
Current Portion of Long-Term Debt	50Cr	70Cr	-	40Cr	178.45Cr
Current Portion of Leases	26Cr	32Cr	36Cr	38Cr	43Cr
Unearned Revenue Current, Total	111.8Cr	120.93Cr	126.47Cr	144.3Cr	152.08Cr
Other Current Liabilities	442.95Cr	429.3Cr	448.02Cr	460.66Cr	471.16Cr
Total Current Liabilities	780.58Cr	848.9Cr	793.1Cr	886.07Cr	1.08TCr
Long-Term Debt	1.58TCr	1.47TCr	1.44TCr	1.41TCr	1.38TCr
Long-Term Leases	194.56Cr	240.85Cr	222.25Cr	204.68Cr	198.37Cr
Deferred Tax Liability Non Current	-	-	-	-	11Cr
Other Non Current Liabilities	265.46Cr	314.49Cr	331.08Cr	309.28Cr	223.68Cr
Total Liabilities	2.82TCr	2.87TCr	2.78TCr	2.81TCr	2.89TCr
Common Stock, Total	344.77Cr	402.46Cr	463.76Cr	514.52Cr	625.21Cr
Retained Earnings	757.31Cr	1.27TCr	1.72TCr	2.26TCr	3.13TCr
Treasury Stock	-	-82Cr	-82Cr	-692.22Cr	-1.32TCr
Comprehensive Income and Other	4.44Cr	-4.05Cr	-22Cr	-22Cr	36Cr
Total Common Equity	1.11TCr	1.58TCr	2.08TCr	2.06TCr	2.47TCr
Total Equity	1.11TCr	1.58TCr	2.08TCr	2.06TCr	2.47TCr
Total Liabilities And Equity	3.93TCr	4.46TCr	4.86TCr	4.87TCr	5.36TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	442.9Cr	443.96Cr	445.35Cr	432.76Cr	427.76Cr
ECS Total Common Shares Outstanding	442.9Cr	443.96Cr	445.35Cr	432.76Cr	427.76Cr
Book Value / Share	2.5	3.57	4.67	4.76	5.78
Tangible Book Value	-268.24Cr	205Cr	804.49Cr	786.56Cr	1.23TCr
Tangible Book Value Per Share	-0.61	0.46	1.81	1.82	2.88
Total Debt	1.85TCr	1.81TCr	1.69TCr	1.7TCr	1.8TCr
Net Debt	1.03TCr	1.21TCr	1.09TCr	983.55Cr	841.12Cr
Debt Equivalent Oper. Leases	94Cr	434.06Cr	486.74Cr	510.94Cr	532.78Cr
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	5.07Cr	8.24Cr	8.5Cr	8.84Cr	8.5Cr
Buildings, Total	4.27Cr	4.81Cr	5.21Cr	15Cr	48Cr
Machinery, Total	26Cr	28Cr	30Cr	25Cr	25Cr
Full Time Employees	9.4T	11.3T	12.8T	13T	14T
Part Time Employees	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	276.14Cr	511.62Cr	449.19Cr	540.8Cr	871.16Cr
Depreciation & Amortization - CF	12Cr	21Cr	34Cr	36Cr	33Cr
Depreciation & Amortization, Total	12Cr	21Cr	34Cr	36Cr	33Cr
Amortization of Deferred Charges, Total - (CF)	1.08TCr	1.22TCr	1.4TCr	1.42TCr	1.53TCr
Stock-Based Compensation (CF)	42Cr	40Cr	58Cr	34Cr	27Cr
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	-1.16TCr	-1.73TCr	-1.66TCr	-1.29TCr	-1.72TCr
Change In Accounts Payable	-4.16Cr	15Cr	-16Cr	9.35Cr	12Cr
Change in Unearned Revenues	19Cr	9.14Cr	2.74Cr	18Cr	7.78Cr
Change in Other Net Operating Assets	-18Cr	-48Cr	-63Cr	-39Cr	-23Cr
Cash from Operations	242.71Cr	39Cr	202.63Cr	727.43Cr	736.14Cr
Capital Expenditure	-50Cr	-52Cr	-41Cr	-35Cr	-44Cr
Cash Acquisitions	-	-79Cr	-76Cr	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-91Cr	89Cr	-174.22Cr
Other Investing Activities, Total	-74.31L	-2.69Cr	-	-	-
Cash from Investing	-51Cr	-133.99Cr	-207.64Cr	54Cr	-218.18Cr
Long-Term Debt Issued, Total	100.95Cr	-	-	-	179.45Cr
Total Debt Issued	100.95Cr	-	-	-	179.45Cr
Long-Term Debt Repaid, Total	-	-50Cr	-70Cr	-	-40Cr
Total Debt Repaid	-	-50Cr	-70Cr	-	-40Cr
Issuance of Common Stock	24Cr	17Cr	3.57Cr	17Cr	83Cr
Repurchase of Common Stock	-	-82Cr	-	-604.53Cr	-627.2Cr
Other Financing Activities, Total	-75.59L	-	-	-7.54Cr	-2.97Cr
Cash from Financing	123.73Cr	-114.98Cr	-66Cr	-595.08Cr	-407.44Cr
Foreign Exchange Rate Adjustments	3.6Cr	-8.67Cr	-17Cr	8.27Cr	-42Cr
Net Change in Cash	319.51Cr	-218.38Cr	-88Cr	194.79Cr	69Cr
Supplemental Items
Cash Interest Paid	76Cr	76Cr	70Cr	68Cr	67Cr
Cash Income Tax Paid (Refund)	29Cr	51Cr	81Cr	115.5Cr	164.15Cr
Levered Free Cash Flow	1.32TCr	1.56TCr	1.65TCr	1.94TCr	2.13TCr
Unlevered Free Cash Flow	1.37TCr	1.61TCr	1.7TCr	1.98TCr	2.17TCr
Change In Net Working Capital	1.14Cr	6.17Cr	106.5Cr	-93Cr	27Cr
Net Debt Issued / Repaid	100.95Cr	-50Cr	-70Cr	-	139.45Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	7.82	9.23	7.56	8.93	12.72
Return on Total Capital	10.71	12.19	9.82	11.55	16.22
Return On Equity %	29.62	38.02	24.53	26.15	38.43
Return on Common Equity	29.62	38.02	24.53	26.15	38.43
Margin Analysis
Gross Profit Margin %	38.88	41.64	39.37	41.54	46.06
SG&A Margin	13.22	13.12	12.98	12.98	11.84
EBITDA Margin %	18.81	21.56	18.88	21.68	27.55
EBITA Margin %	18.34	20.86	17.82	20.62	26.71
EBIT Margin %	18.34	20.86	17.82	20.62	26.71
Income From Continuing Operations Margin %	11.05	17.23	14.21	16.04	22.34
Net Income Margin %	11.05	17.23	14.21	16.04	22.34
Net Avail. For Common Margin %	11.05	17.23	14.21	16.04	22.34
Normalized Net Income Margin	8	12.29	10.41	11.5	15.97
Levered Free Cash Flow Margin	52.87	52.69	52.33	57.48	54.5
Unlevered Free Cash Flow Margin	54.79	54.3	53.73	58.78	55.65
Asset Turnover
Asset Turnover	0.68	0.71	0.68	0.69	0.76
Fixed Assets Turnover	9.81	8.78	8.55	9.38	10.74
Receivables Turnover (Average Receivables)	46.93	41.97	35.26	29.63	29.74
Short Term Liquidity
Current Ratio	1.25	0.95	1.17	1.12	1.22
Quick Ratio	1.13	0.8	0.89	1.01	1.08
Operating Cash Flow to Current Liabilities	0.31	0.05	0.26	0.82	0.68
Days Sales Outstanding (Average Receivables)	7.8	8.7	10.35	12.32	12.3
Average Days Payable Outstanding	15.94	15.73	14.37	13.13	14.33
Long Term Solvency
Total Debt/Equity	167.29	114.31	81.49	82.44	72.73
Total Debt / Total Capital	62.59	53.34	44.9	45.19	42.1
LT Debt/Equity	160.45	107.9	79.78	78.64	63.78
Long-Term Debt / Total Capital	60.03	50.35	43.96	43.1	36.93
Total Liabilities / Total Assets	71.83	64.45	57.24	57.75	53.86
EBIT / Interest Expense	5.97	8.09	7.98	9.94	14.49
EBITDA / Interest Expense	6.28	9.07	9.31	11.36	15.88
(EBITDA - Capex) / Interest Expense	5.63	8.39	8.74	10.86	15.27
Total Debt / EBITDA	3.84	2.61	2.57	2.14	1.58
Net Debt / EBITDA	2.14	1.74	1.65	1.24	0.74
Total Debt / (EBITDA - Capex)	4.28	2.82	2.74	2.23	1.64
Net Debt / (EBITDA - Capex)	2.39	1.88	1.76	1.29	0.77
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	24.01	18.81	6.46	6.67	15.65
Gross Profit, 1 Yr. Growth %	25.96	27.22	0.66	12.54	28.23
EBITDA, 1 Yr. Growth %	73.61	36.2	-6.77	22.47	46.99
EBITA, 1 Yr. Growth %	76.07	35.1	-9.07	23.45	49.81
EBIT, 1 Yr. Growth %	76.07	35.1	-9.07	23.45	49.81
Earnings From Cont. Operations, 1 Yr. Growth %	47.91	85.28	-12.2	20.39	61.09
Net Income, 1 Yr. Growth %	47.91	85.28	-12.2	20.39	61.09
Normalized Net Income, 1 Yr. Growth %	55.14	82.54	-9.87	17.89	60.6
Diluted EPS Before Extra, 1 Yr. Growth %	47.22	84.87	-11.48	20.9	64.84
Accounts Receivable, 1 Yr. Growth %	34.42	31.68	22.95	30.15	3.75
Net Property, Plant and Equip., 1 Yr. Growth %	42.93	25.76	-3.84	-1.57	3.58
Total Assets, 1 Yr. Growth %	15.61	13.5	8.99	0.28	10.05
Tangible Book Value, 1 Yr. Growth %	-62.33	-176.43	292.43	-2.23	56.65
Common Equity, 1 Yr. Growth %	45.94	43.23	31.09	-0.91	20.18
Cash From Operations, 1 Yr. Growth %	-184.06	-83.82	416.1	259	1.2
Capital Expenditures, 1 Yr. Growth %	96.78	5.35	-22.28	-14.51	26.1
Levered Free Cash Flow, 1 Yr. Growth %	-15.43	18.42	5.73	17.16	9.64
Unlevered Free Cash Flow, 1 Yr. Growth %	-14.5	17.77	5.33	16.69	9.49
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	25.8	21.38	12.46	6.56	11.07
Gross Profit, 2 Yr. CAGR %	29.16	26.59	13.16	6.44	20.13
EBITDA, 2 Yr. CAGR %	66.86	53.77	12.69	6.86	34.17
EBITA, 2 Yr. CAGR %	69.01	54.23	10.84	5.95	35.99
EBIT, 2 Yr. CAGR %	69.01	54.23	10.84	5.95	35.99
Earnings From Cont. Operations, 2 Yr. CAGR %	50.99	65.54	27.54	2.81	39.26
Net Income, 2 Yr. CAGR %	50.99	65.54	27.54	2.81	39.26
Normalized Net Income, 2 Yr. CAGR %	61.51	68.28	28.27	3.08	37.59
Diluted EPS Before Extra, 2 Yr. CAGR %	50.62	64.97	27.93	3.45	41.17
Accounts Receivable, 2 Yr. CAGR %	29.77	33.04	27.24	26.5	16.2
Net Property, Plant and Equip., 2 Yr. CAGR %	167.72	34.07	9.97	-2.71	0.97
Total Assets, 2 Yr. CAGR %	22.97	14.55	11.23	4.55	5.05
Tangible Book Value, 2 Yr. CAGR %	-47.45	-46.35	73.18	95.88	23.76
Common Equity, 2 Yr. CAGR %	45.33	44.58	37.03	13.97	9.13
Cash From Operations, 2 Yr. CAGR %	-4.84	-63.12	-8.63	330.44	90.6
Capital Expenditures, 2 Yr. CAGR %	69.19	43.99	-9.51	-18.49	3.83
Levered Free Cash Flow, 2 Yr. CAGR %	24.9	0.07	11.89	11.3	13.34
Unlevered Free Cash Flow, 2 Yr. CAGR %	25.22	0.34	11.37	10.86	13.04
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	28.82	23.43	16.19	10.5	9.51
Gross Profit, 3 Yr. CAGR %	38.48	28.51	17.28	12.96	13.25
EBITDA, 3 Yr. CAGR %	72.83	55.94	30.15	15.86	18.84
EBITA, 3 Yr. CAGR %	76.17	56.85	29.32	14.89	18.92
EBIT, 3 Yr. CAGR %	76.17	56.85	29.32	14.89	18.92
Earnings From Cont. Operations, 3 Yr. CAGR %	70.32	61.65	34	25.11	19.41
Net Income, 3 Yr. CAGR %	70.32	61.65	34	25.11	19.41
Normalized Net Income, 3 Yr. CAGR %	87.5	68.24	36.67	24.71	19.5
Diluted EPS Before Extra, 3 Yr. CAGR %	69.43	61.27	34.06	25.54	20.83
Accounts Receivable, 3 Yr. CAGR %	-	30.4	29.59	28.2	18.41
Net Property, Plant and Equip., 3 Yr. CAGR %	110.94	108.11	20.01	5.98	-0.66
Total Assets, 3 Yr. CAGR %	27.36	19.73	12.67	7.45	6.35
Tangible Book Value, 3 Yr. CAGR %	-26.62	-40.46	4.15	43.13	81.82
Common Equity, 3 Yr. CAGR %	45.64	44.63	39.94	22.99	16.01
Cash From Operations, 3 Yr. CAGR %	10.77	-47.29	-11.13	44.18	165.66
Capital Expenditures, 3 Yr. CAGR %	42.16	44.48	17.24	-11.21	-5.73
Levered Free Cash Flow, 3 Yr. CAGR %	25.58	22.7	1.92	13.62	10.74
Unlevered Free Cash Flow, 3 Yr. CAGR %	26.15	22.68	1.98	13.12	10.4
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	29.82	27.45	22.01	16.38	14.11
Gross Profit, 5 Yr. CAGR %	34.75	36.88	27.74	19.18	18.41
EBITDA, 5 Yr. CAGR %	66.43	71.05	45.65	34.06	31.74
EBITA, 5 Yr. CAGR %	71.86	74.78	46.36	34.07	31.95
EBIT, 5 Yr. CAGR %	71.86	74.78	46.36	34.07	31.95
Earnings From Cont. Operations, 5 Yr. CAGR %	86.42	93.9	51.71	34.88	36.08
Net Income, 5 Yr. CAGR %	86.42	93.9	51.71	34.88	36.08
Normalized Net Income, 5 Yr. CAGR %	86.48	86.26	61.09	38.3	37.04
Diluted EPS Before Extra, 5 Yr. CAGR %	85.08	92.07	51.42	35.03	36.86
Accounts Receivable, 5 Yr. CAGR %	-	-	-	28.83	24.06
Net Property, Plant and Equip., 5 Yr. CAGR %	76.83	72.01	62.56	53.53	12
Total Assets, 5 Yr. CAGR %	30.95	26.83	20.64	13.41	9.56
Tangible Book Value, 5 Yr. CAGR %	5.12	-14.91	3.45	-4.13	11.59
Common Equity, 5 Yr. CAGR %	37.84	42.69	42.13	31.49	26.69
Cash From Operations, 5 Yr. CAGR %	26.49	-23.25	2.56	22.1	20.58
Capital Expenditures, 5 Yr. CAGR %	40.41	37.26	18.66	14.91	11.68
Levered Free Cash Flow, 5 Yr. CAGR %	29.17	24.42	19.91	18.01	6.35
Unlevered Free Cash Flow, 5 Yr. CAGR %	29.52	24.73	20.02	17.81	6.26