NFLX · XBRL financial data

Netflix financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (NFLX's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	8,833*	9,370	9,559	9,825	10,247*	10,543	11,079	11,510	12,051*	12,250	12,560	12,874
Cost of revenue	5,307*	4,977	5,174	5,120	5,767*	5,263	5,325	6,164	6,523*	5,888	6,037	6,079
Research and development	673*	702	711	735	777*	823	825	854	890*	960	1,008	1,033
General and administrative	439*	404	427	417	454*	421	441	458	568*	603	499	466
Operating income (loss)	1,496*	2,633	2,603	2,909	2,273*	3,347	3,775	3,248	2,957*	3,957	4,193	4,459
Interest expense	175*	173	168	185	193*	184	183	175	234*	262	176	185
Income tax expense (benefit)	210*	282	367	339	266*	323	506	562	349*	1,264	667	653
Net income (loss)	938*	2,332	2,147	2,364	1,869*	2,890	3,125	2,547	2,419*	5,283	3,401	3,664
Earnings per share, basic‡ USD per share	0.22*	0.54	0.50	0.55	0.44*	0.68	0.74	0.60	0.57*	1.25	0.81	0.89
Earnings per share, diluted‡ USD per share	0.21*	0.53	0.49	0.54	0.43*	0.66	0.72	0.59	0.56*	1.23	0.80	0.87
Weighted average shares, basic‡ millions of shares	4,357*	4,321	4,301	4,282	4,277*	4,273	4,252	4,245	4,229*	4,223	4,189	4,134
Weighted average shares, diluted‡ millions of shares	4,441*	4,417	4,397	4,379	4,378*	4,370	4,349	4,340	4,317*	4,298	4,261	4,195

‡ Per-share figures and share counts are adjusted for the 10-for-1 stock split (November 2025); filings made before it reported them unadjusted.

Balance sheet

CSV

Fiscal quarters (NFLX's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	7,117	7,025	6,625	7,457	7,805	7,200	8,177	9,287	9,034	12,260	9,099	8,194
Short-term investments	21	21	31	1,767	1,779	1,171	213	37	29	29	29	29
Total current assets	9,918	9,921	9,616	12,129	13,100	11,698	11,993	12,963	13,020	17,071	13,853	13,222
Property and equipment, net	1,491	1,501	1,511	1,568	1,594	1,644	1,744	1,838	2,004	2,148	2,399	2,561
Right-of-use asset	2,077	2,159	2,223	2,214	2,102	2,095	2,175	2,297	2,207	2,100	2,038	1,969
Total assets	48,732	48,828	49,099	52,282	53,630	52,088	53,100	54,935	55,597	61,016	58,450	58,682
Accounts payable	747	607	599	642	900	614	633	793	901	895	815	860
Accrued liabilities	1,804	1,977	1,876	2,242	2,157	2,360	2,489	3,111	3,221	4,442	3,173	3,301
Total current liabilities	8,861	9,289	10,140	10,707	10,755	9,719	8,942	9,732	10,981	12,132	12,135	12,301
Long-term debt	14,143	13,217	12,180	14,161	13,798	14,011	14,453	14,463	13,464	13,361	11,826	12,658
Lease liability, non-current	2,047	2,098	2,127	2,095	1,984	1,969	2,027	2,163	2,053	1,948	1,899	1,817
Total liabilities	28,144	27,462	26,986	29,561	28,887	28,060	28,148	28,981	28,982	29,890	28,298	29,396
Retained earnings	22,589	24,921	27,069	29,432	31,301	34,191	37,317	39,864	42,282	47,565	50,966	54,630
Total stockholders' equity	20,588	21,365	22,113	22,721	24,744	24,028	24,952	25,954	26,615	31,126	30,152	29,286
Total liabilities and equity	48,732	48,828	49,099	52,282	53,630	52,088	53,100	54,935	55,597	61,016	58,450	58,682
Common shares outstanding (cover page)‡ millions of shares	4,328	4,310	4,292	4,275	4,278	4,257	4,249	4,237	4,222	4,213	4,164	4,106

‡ Per-share figures and share counts are adjusted for the 10-for-1 stock split (November 2025); filings made before it reported them unadjusted.

Cash flows

CSV

Fiscal quarters (NFLX's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	938*	2,332	2,147	2,364	1,869*	2,890	3,125	2,547	2,419*	5,283	3,401	3,664
Stock-based compensation	83*	76	69	66	62*	72	81	81	135*	140	131	134
Depreciation and amortization	87*	87	81	81	80*	80	80	87	86*	99	101	107
Net cash from operating activities	1,663*	2,213	1,291	2,321	1,537*	2,789	2,423	2,825	2,112*	5,290	1,744	3,162
Purchases of property and equipment	82*	76	78	127	159*	128	156	165	239*	196	219	279
Net cash from investing activities	412*	(76)	(78)	(1,869)	(159)*	486	769	44	(257)*	(782)	(219)	(331)
Share repurchases	2,500*	2,000	1,600	1,700	964*	3,536	1,654	1,857	2,080*	1,271	4,714	4,797
Repayments of long-term debt	0*	400	0	0	0*	800	1,033	0	0*	0	0	0
Net cash from financing activities	(2,452)*	(2,133)	(1,489)	227	(679)*	(4,028)	(2,503)	(1,737)	(2,077)*	(1,231)	(4,670)	(3,755)
Net change in cash	(238)*	(92)	(400)	832	348*	(603)	977	1,110	(252)*	3,228	(3,164)	(905)

Compare with peers

SIC 7841 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 7841 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (7841) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Netflix	8,194	12,874	3,162	4.1B	—	Q3 FY26 10-QSep 30, 2026
Cineverseadded: same SIC	4.3	31	(1)	23.8M	4.3 quarters	Q1 FY27 10-QJun 30, 2026
iQIYIadded: same SIC	4,354	year only	year only	not reported	—	Q4 FY25 20-FDec 31, 2025
FrankSpeech Networkadded: same SIC	0	year only	year only	4.4B	—	Q1 FY18 10-QDec 31, 2018

Not investment advice. Not affiliated with the U.S. SEC.

Data on this page was fetched Nov 6, 2026, 10:22 PM ET. The filing on SEC.gov is the record.