SequelSEC

NETFLIX INC NFLX

Services-Video Tape Rental · CIK 0001065280 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$12.56B
Fiscal year ended 2026-06-30
Operating income
$4.19B
Fiscal year ended 2026-06-30
Free cash flow
$1.53B
Fiscal year ended 2026-06-30

NETFLIX INC (NFLX) reported revenue of $12.56B and net income of $3.40B for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from NETFLIX INC’s SEC filings, each linked to the filing it came from.

Income

NETFLIX INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Revenue$12.56B$12.25B$12.05B$11.51B$11.08B$10.54B$10.25B$9.82B$9.56B$9.37B
Cost of revenue$6.04B$5.89B$6.52B$6.16B$5.33B$5.26B$5.77B$5.12B$5.17B$4.98B
Gross profit$6.52B$6.36B$5.53B$5.35B$5.75B$5.28B$4.48B$4.70B$4.39B$4.39B
Operating income$4.19B$3.96B$2.96B$3.25B$3.77B$3.35B$2.27B$2.91B$2.60B$2.63B
Net income$3.40B$5.28B$2.42B$2.55B$3.13B$2.89B$1.87B$2.36B$2.15B$2.33B
Research & development$1.01B$959.70M$890.30M$853.58M$824.68M$822.82M$776.50M$735.06M$711.25M$702.47M
Weighted-average diluted sharesshares 4.26Bshares 4.30BUnavailableshares 434.04Mshares 4.35Bshares 4.37BUnavailableshares 437.90Mshares 439.74Mshares 441.65M
Pretax income$4.07B$6.55B$2.77B$3.11B$3.63B$3.21B$2.13B$2.70B$2.51B$2.61B
Income tax expense$667.17M$1.26B$349.22M$562.49M$506.26M$323.38M$265.66M$339.44M$366.55M$282.37M
Diluted EPS$0.80$1.23Unavailable$5.87$0.72$0.66Unavailable$5.40$4.88$5.28
Selling, general & administrative$1.32B$1.44B$1.68B$1.24B$1.15B$1.11B$1.43B$1.06B$1.07B$1.06B
General & administrative$498.85M$602.61M$567.80M$457.93M$441.21M$421.46M$453.67M$417.35M$426.99M$404.02M
Selling & marketing$823.84M$842.22M$1.11B$786.30M$713.26M$688.37M$976.20M$642.93M$644.08M$654.34M

Balance

NETFLIX INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalents$9.10B$12.26B$9.03B$9.29B$8.18B$7.20B$7.80B$7.46B$6.62B$7.02B
Total assets$58.45B$61.02B$55.60B$54.93B$53.10B$52.09B$53.63B$52.28B$49.10B$48.83B
Current assets$13.85B$17.07B$13.02B$12.96B$11.99B$11.70B$13.10B$12.13B$9.62B$9.92B
Total liabilities$28.30B$29.89B$28.98B$28.98B$28.15B$28.06B$28.89B$29.56B$26.99B$27.46B
Current liabilities$12.13B$12.13B$10.98B$9.73B$8.94B$9.72B$10.76B$10.71B$10.14B$9.29B
Total equity incl. NCI$30.15B$31.13B$26.62B$25.95B$24.95B$24.03B$24.74B$22.72B$22.11B$21.37B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt$11.83B$13.36B$13.46B$14.46B$14.45B$14.01B$13.80B$14.16B$12.18B$13.22B
Accounts payable$814.55M$894.68M$900.61M$793.23M$632.72M$614.49M$899.91M$641.95M$598.56M$607.35M

Cash flow

NETFLIX INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Operating cash flow$1.74B$5.29B$2.11B$2.83B$2.42B$2.79B$1.54B$2.32B$1.29B$2.21B
Capital expenditures$218.64M$196.13M$239.34M$164.72M$155.89M$128.28M$158.67M$126.86M$78.29M$75.71M
Investing cash flow-$218.64M-$781.87M-$256.53M$43.87M$768.68M$485.66M-$158.67M-$1.87B-$78.29M-$75.71M
Financing cash flow-$4.67B-$1.23B-$2.08B-$1.74B-$2.50B-$4.03B-$678.70M$226.60M-$1.49B-$2.13B
Net change in cash-$3.16B$3.23B-$251.67M$1.11B$976.54M-$603.31M$348.25M$832.04M-$399.54M-$91.93M
Stock-based compensation$131.31M$140.40M$134.62M$80.99M$80.86M$71.98M$61.83M$65.65M$68.77M$76.34M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$4.71B$1.27B$2.08B$1.86B$1.65B$3.54B$963.75M$1.70B$1.60B$2.00B
Depreciation & amortization$100.53M$98.58M$85.98M$87.33M$80.01M$80.07M$79.54M$80.91M$81.23M$87.23M

Derived

NETFLIX INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flow$1.53B$5.09B$1.87B$2.66B$2.27B$2.66B$1.38B$2.19B$1.21B$2.14B
Gross margin51.9%51.9%45.9%46.4%51.9%50.1%43.7%47.9%45.9%46.9%
Operating margin33.4%32.3%24.5%28.2%34.1%31.7%22.2%29.6%27.2%28.1%
FCF margin12.1%41.6%15.5%23.1%20.5%25.2%13.5%22.3%12.7%22.8%
SBC / revenue1.0%1.1%1.1%0.7%0.7%0.7%0.6%0.7%0.7%0.8%
Current ratio1.14x1.41x1.19x1.33x1.34x1.20x1.22x1.13x0.95x1.07x
Revenue YoY growth13.4%16.2%17.6%17.2%15.9%12.5%16.0%15.0%16.8%14.8%
Net margin27.1%43.1%20.1%22.1%28.2%27.4%18.2%24.1%22.5%24.9%
R&D / revenue8.0%7.8%7.4%7.4%7.4%7.8%7.6%7.5%7.4%7.5%
CapEx / revenue1.7%1.6%2.0%1.4%1.4%1.2%1.5%1.3%0.8%0.8%
Long-term debt / equity0.39xUnavailable0.51x0.56xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate16.4%19.3%12.6%18.1%13.9%10.1%12.4%12.6%14.6%10.8%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NFLX in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-17View SEC filing
10-Q · Filed 2026-04-17View SEC filing
10-K · Filed 2026-01-23View SEC filing
10-Q · Filed 2025-10-22View SEC filing
10-Q · Filed 2025-07-18View SEC filing
10-Q · Filed 2025-04-18View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.