NFLX · XBRL financial data

Netflix financial statements, every fiscal year

The same tables from 6 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 years (NFLX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	24,996	29,698	31,616	33,723	39,001	45,183
Cost of revenue	15,276	17,333	19,168	19,715	21,038	23,275
Research and development	1,984	2,274	2,711	2,676	2,925	3,391
General and administrative	1,076	1,352	1,573	1,720	1,702	1,888
Operating income (loss)	4,585	6,195	5,633	6,954	10,418	13,327
Interest expense	767	766	706	700	719	777
Income tax expense (benefit)	438	724	772	797	1,254	1,741
Net income (loss)	2,761	5,116	4,492	5,408	8,712	10,981
Earnings per share, basic‡ USD per share	0.63	1.16	1.01	1.23	2.03	2.58
Earnings per share, diluted‡ USD per share	0.61	1.12	1.00	1.20	1.98	2.53
Weighted average shares, basic‡ millions of shares	4,409	4,432	4,447	4,416	4,295	4,250
Weighted average shares, diluted‡ millions of shares	4,542	4,554	4,513	4,495	4,393	4,344

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

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	8,206	6,028	5,147	7,117	7,805	9,034
Short-term investments	—	0	911	21	1,779	29
Total current assets	9,762	8,070	9,266	9,918	13,100	13,020
Property and equipment, net	960	1,323	1,398	1,491	1,594	2,004
Right-of-use asset	2,038	2,447	2,227	2,077	2,102	2,207
Total assets	39,280	44,585	48,595	48,732	53,630	55,597
Accounts payable	656	837	672	747	900	901
Accrued liabilities	1,102	1,449	1,515	1,804	2,157	3,221
Total current liabilities	7,806	8,489	7,931	8,861	10,755	10,981
Long-term debt	15,809	14,693	14,353	14,143	13,798	13,464
Lease liability, non-current	1,946	2,408	2,223	2,047	1,984	2,053
Total liabilities	28,215	28,735	27,817	28,144	28,887	28,982
Retained earnings	7,573	12,689	17,181	22,589	31,301	42,282
Total stockholders' equity	11,065	15,849	20,777	20,588	24,744	26,615
Total liabilities and equity	39,280	44,585	48,595	48,732	53,630	55,597
Common shares outstanding (cover page)‡ millions of shares	4,429	4,440	4,453	4,328	4,278	4,222

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

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	2,761	5,116	4,492	5,408	8,712	10,981
Stock-based compensation	415	403	575	339	273	368
Depreciation and amortization	116	208	337	357	329	333
Net cash from operating activities	2,427	393	2,026	7,274	7,361	10,149
Purchases of property and equipment	498	525	408	349	440	688
Net cash from investing activities	(505)	(1,340)	(2,076)	542	(2,182)	1,042
Proceeds from issuing common stock	235	174	—	—	—	—
Share repurchases	0	600	0	6,045	6,264	9,127
Repayments of long-term debt	0	500	700	0	400	1,833
Net cash from financing activities	1,237	(1,150)	(664)	(5,951)	(4,074)	(10,346)
Net change in cash	3,195	(2,184)	(885)	1,948	689	1,232

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, 10:23 PM ET. The filing on SEC.gov is the record.