Communication Services · Movies & Entertainment
Netflix: revenue, profit and cash flow
In fiscal 2025, Netflix had revenue of $45.2B, up 20.9% a year on average since 2015, and net income of $11B (24.3% of revenue).
Revenue, fiscal 2025
average annual revenue growth since 2015 · +15.9% vs 2024
- Ticker
- NFLX · Nasdaq
- Sector
- Communication Services
- Sub-industry
- Movies & Entertainment
- Headquarters
- Los Gatos, California
- Founded
- 1997
- In the S&P 500 since
- December 20, 2010
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Netflix Inc · CIK 0001065280
Revenue and net income
Revenue went from $1.21B in 2007 to $45.2B in 2025.
Diluted earnings per share
Diluted EPS went from $0.01 in 2007 to $2.53 in 2025. Ten-year growth: 56.9% a year.
Shares outstanding
About as many shares in 2025 as in 2015 (4.36B → 4.34B).
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $9.46B in 2025, 20.9% of revenue. Negative in 2012, 2014–2019, 2021.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|
| 2025 | $45.2B | $11B | 24.3% | $2.53 | 4.34B | $10.1B | $688M | $9.46B |
| 2024 | $39B | $8.71B | 22.3% | $1.98 | 4.39B | $7.36B | $440M | $6.92B |
| 2023 | $33.7B | $5.41B | 16.0% | $1.20 | 4.49B | $7.27B | $349M | $6.93B |
| 2022 | $31.6B | $4.49B | 14.2% | $0.99 | 4.51B | $2.03B | $408M | $1.62B |
| 2021 | $29.7B | $5.12B | 17.2% | $1.12 | 4.55B | $393M | $525M | −$132M |
| 2020 | $25B | $2.76B | 11.0% | $0.61 | 4.54B | $2.43B | $498M | $1.93B |
| 2019 | $20.2B | $1.87B | 9.3% | $0.41 | 4.52B | −$2.89B | $253M | −$3.14B |
| 2018 | $15.8B | $1.21B | 7.7% | $0.27 | 4.51B | −$2.68B | $174M | −$2.85B |
| 2017 | $11.7B | $559M | 4.8% | $0.12 | 4.47B | −$1.79B | $173M | −$1.96B |
| 2016 | $8.83B | $187M | 2.1% | $0.04 | 4.39B | −$1.47B | $108M | −$1.58B |
| 2015 | $6.78B | $123M | 1.8% | $0.03 | 4.36B | −$749M | $91.2M | −$841M |
| 2014 | $5.5B | $267M | 4.8% | $0.06 | 4.32B | $16.5M | $69.7M | −$53.2M |
| 2013 | $4.37B | $112M | 2.6% | $0.03 | 4.25B | $97.8M | $54.1M | $43.7M |
| 2012 | $3.61B | $17.2M | 0.5% | $0.00 | 4.12B | $21.6M | $40.3M | −$18.7M |
| 2011 | $3.2B | $226M | 7.1% | $0.06 | 3.81B | $318M | $49.7M | $268M |
| 2010 | $2.16B | $161M | 7.4% | $0.04 | 3.8B | $276M | $33.8M | $243M |
| 2009 | $1.67B | $116M | 6.9% | $0.03 | 4.09B | $325M | $45.9M | $279M |
| 2008 | $1.36B | $83M | 6.1% | $0.02 | 4.4B | $284M | $43.8M | $240M |
| 2007 | $1.21B | $66.6M | 5.5% | $0.01 | 4.82B | $277M | $44.3M | $233M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
Stock splits
Found in the filings; per-share figures and share counts on this page are on today’s share basis.
- 10-for-1 split · first reflected in a filing of January 23, 2026
- 7-for-1 split · first reflected in a filing of July 17, 2015
About these figures
- No dividends per share in the filings data. Usually that means no dividend, but some companies report theirs in a form the data do not capture.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Movies & Entertainment companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.