Netflix, Inc. Website

Netflix, Inc.

NasdaqGS-NFLX

Income StatementLTMDec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15

Total Revenues

43,378.8

39,001

33,723.3

31,615.6

29,697.8

24,996.1

20,156.4

15,794.3

11,692.7

8,830.7

6,779.5

Total Revenues %Chg

15.4%

15.6%

6.7%

6.5%

18.8%

24%

27.6%

35.1%

32.4%

30.3%

23.2%

Cost of Sales

22,520.1

21,038.5

19,715.4

19,168.3

17,332.7

15,276.3

12,440.2

9,967.5

8,033

6,257.5

4,591.5

Gross Profit

20,858.7

17,962.5

14,007.9

12,447.3

12,365.2

9,719.7

7,716.2

5,826.8

3,659.7

2,573.2

2,188

Gross Profit Margin

48.1%

46.1%

41.5%

39.4%

41.6%

38.9%

38.3%

36.9%

31.3%

29.1%

32.3%

Selling, General & Administrative Expenses

4,938.4

4,619.6

4,378.2

4,103.4

3,896.8

3,304.8

3,566.8

2,999.8

1,867.3

1,413.2

1,231.4

Research & Development Expenses

3,277.6

2,925.3

2,675.8

2,711

2,273.9

1,829.6

1,545.1

1,221.8

953.7

780.2

650.8

Other Operating Expenses

—

—

—

—

—

—

—

—

—

—

—

Operating Profit

12,642.7

10,417.6

6,954

5,632.8

6,194.5

4,585.3

2,604.3

1,605.2

838.7

379.8

305.8

Operating Margin

29.1%

26.7%

20.6%

17.8%

20.9%

18.3%

12.9%

10.2%

7.2%

4.3%

4.5%

Interest and Investment Income

181.1

266.8

-48.8

337.3

411.2

-618.4

84

41.7

-115.2

30.8

-31.2

Interest Expense

-734.7

-718.7

-699.8

-706.2

-765.6

-767.5

-626

-420.5

-238.2

-150.1

-132.7

Non-Operating Income

—

—

—

—

—

—

—

—

—

—

—

Total Non-Operating Income

-553.6

-452

-748.6

-368.9

-354.4

-1,385.9

-542

-378.8

-353.4

-119.3

-163.9

Income Before Provision for Income Taxes

12,089.1

9,965.7

6,205.4

5,263.9

5,840.1

3,199.3

2,062.2

1,226.5

485.3

260.5

141.9

Provision for Income Taxes

1,657.8

1,254

797.4

772

723.9

438

195.3

15.2

-73.6

73.8

19.2

Consolidated Net Income

10,431.3

8,711.6

5,408

4,491.9

5,116.2

2,761.4

1,866.9

1,211.2

558.9

186.7

122.6

Net Income Attributable to Common Shareholders

10,431.3

8,711.6

5,408

4,491.9

5,116.2

2,761.4

1,866.9

1,211.2

558.9

186.7

122.6

Basic EPS

2.4

2

1.2

1

1.2

0.6

0.4

0.3

0.1

0

0

Diluted EPS

2.4

2

1.2

1

1.1

0.6

0.4

0.3

0.1

0

0

Basic Weighted Average Shares Outstanding

4,261.6

4,295.2

4,415.7

4,447

4,431.6

4,409.2

4,378

4,353.7

4,318.9

4,288.2

4,258.9

Total Shares Outstanding

4,237.3

4,277.6

4,327.6

4,453.5

4,424

4,429

4,388.1

4,366

4,333.9

4,300.5

4,279.4

Diluted Weighted Average Shares Outstanding

4,359.2

4,392.6

4,495

4,512.9

4,553.7

4,542.1

4,517.7

4,512.4

4,468.1

4,386.5

4,364.6

EBITDA

12,969.7

10,746.5

7,311

5,969.5

6,402.9

4,701

2,707.8

1,688.4

910.6

516.3

447.5

Effective Tax Rate

13.7%

12.6%

12.9%

14.7%

12.4%

13.7%

9.5%

1.2%

-15.2%

28.3%

13.6%