NFLX

Company financials

Netflix

Communication Services Movies & Entertainment Los Gatos, California Last filing Jan 23, 2026 · FY2025

                    Revenue
                    FY2025
                
$45.2B
                    3y CAGR +12.6%
                    
                    P79
                    
                    n/a
                    
                    Net income
                    FY2025
                
$11.0B
                    Net margin +24.3%
                    
                    P89
                    
                    n/a
                    
                    Total assets
                    FY2025
                
$55.6B
                    ROA +19.8%
                    
                    P95
                    
                    n/a
                    
                    Operating cash flow
                    FY2025
                
$10.1B
                    FCF margin +20.9%
                    
                    P76
                    
                    n/a

19 yrs · FY2007–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s total assets.

Balance Sheet

Assets, liabilities, and equity

28 accounts · 1 year

Total assets $55.6B

Total liabilities $29.0B

Shareholders equity $26.6B

Account	2025	Trend
Assets
Cash and Cash Equivalents	16.2%
Short Term Investments	0.1%
Accounts Receivable	2.6%
Prepaid Expenses	0.9%
Other Current Assets	7.1%
Total Current Assets	23.4%
Property,Plant and Equipment	3.6%
Operating Lease Assets	4.0%
Long Term Investments	0.1%
Other Noncurrent Assets	14.0%
Total Assets	100.0%
Liabilities
Accounts Payable	1.6%
Accrued Liabilities	5.8%
Deferred Revenue	3.2%
Current Portion of Long Term Debt	1.8%
Operating Lease Liabilities	0.8%
Other Current Liabilities	5.3%
Total Current Liabilities	19.8%
Long Term Debt	24.2%
Operating Lease Liabilities Noncurrent	3.7%
Other Noncurrent Liabilities	5.3%
Total Liabilities	52.1%
Equity
Common Stock	13.1%
Retained Earnings	76.1%
Treasury Stock	16.5%
Accumulated Other Comprehensive Income	-1.0%
Total Stockholders Equity	47.9%
Total Liabilitiesand Equity	100.0%

Income Statement

Revenue, expense, and profitability

15 accounts · 1 year

Revenue $45.2B

Operating income $13.3B

Net income $11.0B

Account	2025	Trend
IncomeStatement
Revenues Total Revenue	81.3%
Expenses Cost of Revenue	41.9%
Expenses Research and Development	6.1%
Expenses Selling,General and Administrative	3.4%
Expenses Depreciation and Amortization	0.6%
Expenses Share Based Compensation	0.7%
Other Income Expense Operating Income	24.0%
Other Income Expense Income Before Tax	22.9%
Income Tax Income Tax Expense	3.1%
net Income net Income	19.8%
net Income Comprehensive Income	18.1%
Earnings Per Share Basic Eps	0.0%
Earnings Per Share Diluted Eps	0.0%
Earnings Per Share Weighted Average Shares Basic	7.6%
Earnings Per Share Weighted Average Shares Diluted	7.8%

Cash Flow Statement

Operating, investing, and financing flows

20 accounts · 1 year

Operating cash flow $10.1B

Investing cash flow $1.0B

Financing cash flow $-10.3B

Account	2025	Trend
CashFlow
Operating Activities net Income	19.8%
Operating Activities Depreciation and Amortization	0.6%
Operating Activities Stock Based Compensation	0.7%
Operating Activities Deferred Income Taxes	-0.8%
Operating Activities Changes In Operating Assets and Liabilities	2.0%
Operating Activities net Cash From Operating Activities	18.3%
Investing Activities Capital Expenditures	1.2%
Investing Activities Business Acquisitions	0.0%
Investing Activities Purchases of Investments	0.3%
Investing Activities net Cash From Investing Activities	1.9%
Financing Activities Repayment of Debt	3.3%
Financing Activities Repurchase of Common Stock	16.4%
Financing Activities Proceeds From Stock Issuance	1.2%
Financing Activities Tax Withholding On Stock Based Compensation	0.1%
Financing Activities Other Financing Activities	-0.0%
Financing Activities net Cash From Financing Activities	-18.6%
Cash Reconciliation Effect of Exchange Rate On Cash	0.7%
Cash Reconciliation net Change In Cash	2.2%
Cash Reconciliation Cash At Beginning of Period	16.3%
Cash Reconciliation Cash At End of Period	16.3%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 1 year

Ratio	2025
Profitability
Gross margin	+48.5%
Operating margin	+29.5%
Net margin	+24.3%
FCF margin	+20.9%
Growth
Revenue CAGR (3y)	+12.6%
Returns
ROE	+41.3%
ROA	+19.8%
ROIC	+35.9%
Liquidity
Current ratio	1.19x
Quick ratio	0.95x
Leverage
D/E	1.09x
Interest coverage	—
Efficiency
Asset turnover	0.81x
Cash conversion cycle	—

Valuation

Price against fundamentals

NFLX $1.2K · 2025-09-29 · 351d old · FY2025

Market cap $5.2T

P/E 477.22x

P/S 115.98x

P/B 196.90x

EV $5.2T

EV/EBITDA 384.03x

FCF yield +0.2%

Dividend yield —

Notes

Your annotations

Not watched

Netflix

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

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One-year price and volume history

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Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

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One-year price and volume history

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Recent price history