Netflix
US.NFLX
78.25
-4.42
-5.35%
Netflix
78.25
-4.42
-5.35%
Collector offline (last heartbeat: 19179s ago)
· 2026-09-04 19:59
Pre-market
82.25
-0.51%
After-hours
78.32
+0.09%
Overnight
82.25
-0.51%
Revenue annual, last 8 years
Latest year +15.85% YoY
Margins
- Gross margin
- 48.49%
- Operating margin
- 29.49%
- Net margin
- 24.30%
Key ratios & quality
- Enterprise value
- 331.23B
- PEG ratio
- 0.71
- Altman Z-Score
- 9.46
PEG uses trailing P/E against the 3-year net income growth rate (34.71%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 9.46, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.79B | 20.16B | 25.00B | 29.70B | 31.62B | 33.72B | 39.00B | 45.18B |
| Gross profit | 5.83B | 7.72B | 9.72B | 12.37B | 12.45B | 14.01B | 17.96B | 21.91B |
| Selling & admin expenses | 3.00B | 3.57B | 3.30B | 3.90B | 4.10B | 4.38B | 4.62B | 5.19B |
| Research & development | 1.22B | 1.55B | 1.83B | 2.27B | 2.71B | 2.68B | 2.93B | 3.39B |
| Operating profit | 1.61B | 2.60B | 4.59B | 6.19B | 5.63B | 6.95B | 10.42B | 13.33B |
| Pretax profit | 1.23B | 2.06B | 3.20B | 5.84B | 5.26B | 6.21B | 9.97B | 12.72B |
| Tax | 15.22M | 195.32M | 437.95M | 723.88M | 772.01M | 797.42M | 1.25B | 1.74B |
| Net profit | 1.21B | 1.87B | 2.76B | 5.12B | 4.49B | 5.41B | 8.71B | 10.98B |
| Basic EPS | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 3 |
| Diluted EPS | 0.27 | 0.41 | 0.61 | 1.12 | 1.00 | 1.20 | 1.98 | 2.53 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 10.54B | 11.08B | 11.51B | 12.05B | 12.25B | 12.56B |
| Gross profit | 5.28B | 5.75B | 5.35B | 5.53B | 6.36B | 6.52B |
| Selling & admin expenses | 1.11B | 1.15B | 1.24B | 1.68B | 1.44B | 1.32B |
| Research & development | 822.82M | 824.68M | 853.58M | 890.30M | 959.70M | 1.01B |
| Operating profit | 3.35B | 3.77B | 3.25B | 2.96B | 3.96B | 4.19B |
| Pretax profit | 3.21B | 3.63B | 3.11B | 2.77B | 6.55B | 4.07B |
| Tax | 323.38M | 506.26M | 562.49M | 349.22M | 1.26B | 667.17M |
| Net profit | 2.89B | 3.13B | 2.55B | 2.42B | 5.28B | 3.40B |
| Basic EPS | 1 | 1 | 1 | 1 | 1 | 1 |
| Diluted EPS | 0.66 | 0.72 | 0.59 | 0.56 | 1.23 | 0.80 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 9.69B | 6.18B | 9.76B | 8.07B | 9.27B | 9.92B | 13.10B | 13.02B |
| Cash & ST investments | 3.79B | 5.02B | 8.21B | 6.03B | 6.06B | 7.14B | 9.58B | 9.06B |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 25.97B | 33.98B | 39.28B | 44.58B | 48.59B | 48.73B | 53.63B | 55.60B |
| Total current liabilities | 6.49B | 6.86B | 7.81B | 8.49B | 7.93B | 8.86B | 10.76B | 10.98B |
| Short-term debt | -- | -- | 499.88M | 699.82M | -- | 399.84M | 1.78B | 998.87M |
| Long-term debt | 10.36B | 14.76B | 15.81B | 14.69B | 14.35B | 14.14B | 13.80B | 13.46B |
| Total liabilities | 20,735,635,000.00 | 26,393,555,000.00 | 28,215,119,000.00 | 28,735,415,000.00 | 27,817,367,000.00 | 28,143,679,000.00 | 28,886,807,000.00 | 28,981,505,000.00 |
| Total equity | 5.24B | 7.58B | 11.07B | 15.85B | 20.78B | 20.59B | 24.74B | 26.62B |
| Retained earnings | 2.94B | 4.81B | 7.57B | 12.69B | 17.18B | 22.59B | 31.30B | 42.28B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 11.70B | 11.99B | 12.96B | 13.02B | 17.07B | 13.85B |
| Cash & ST investments | 8.37B | 8.39B | 9.32B | 9.06B | 12.29B | 9.13B |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 52.09B | 53.10B | 54.93B | 55.60B | 61.02B | 58.45B |
| Total current liabilities | 9.72B | 8.94B | 9.73B | 10.98B | 12.13B | 12.13B |
| Short-term debt | 1.01B | -- | -- | 998.87M | 999.19M | 2.48B |
| Long-term debt | 14.01B | 14.45B | 14.46B | 13.46B | 13.36B | 11.83B |
| Total liabilities | 28,059,571,000.00 | 28,147,765,000.00 | 28,980,800,000.00 | 28,981,505,000.00 | 29,889,515,000.00 | 28,298,389,000.00 |
| Total equity | 24.03B | 24.95B | 25.95B | 26.62B | 31.13B | 30.15B |
| Retained earnings | 34.19B | 37.32B | 39.86B | 42.28B | 47.56B | 50.97B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -2.68B | -2.89B | 2.43B | 392.61M | 2.03B | 7.27B | 7.36B | 10.15B |
| Depreciation & amortization | 7.62B | 9.32B | 10.92B | 12.44B | 14.36B | 14.55B | 15.63B | 16.76B |
| Free cash flow | -2.85B | -3.14B | 1.93B | -131.98M | 1.62B | 6.93B | 6.92B | 9.46B |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 124.50M | 72.49M | 235.41M | -425.61M | 35.75M | -5.88B | -5.43B | -8.46B |
| Ending cash balance | 3.81B | 5.04B | 8.24B | 6.06B | 5.17B | 7.12B | 7.81B | 9.04B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 2.79B | 2.42B | 2.83B | 2.11B | 5.29B | 1.74B |
| Depreciation & amortization | 3.90B | 3.91B | 4.09B | 4.85B | 4.32B | 4.41B |
| Free cash flow | 2.66B | 2.27B | 2.66B | 1.87B | 5.09B | 1.53B |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -3.18B | -1.49B | -1.79B | -2.00B | -1.22B | -4.65B |
| Ending cash balance | 7.20B | 8.18B | 9.29B | 9.04B | 12.27B | 9.10B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE % | 27.46 | 29.12 | 29.62 | 38.02 | 24.53 | 26.15 | 38.43 | 42.76 |
| ROA % | 5.38 | 6.23 | 7.54 | 12.20 | 9.64 | 11.11 | 17.02 | 20.11 |
| ROIC % | 12.35 | 12.44 | 15.75 | 18.52 | 14.63 | 17.15 | 24.13 | 28.26 |
| 5-year avg ROE % | 15.13 | 17.61 | 22.33 | 28.41 | 29.75 | 29.49 | 31.35 | 33.98 |
| EBIT margin % | 10.43 | 13.34 | 18.34 | 22.24 | 18.88 | 20.62 | 27.40 | 29.88 |
| FCF / sales % | -- | -- | 7.72 | -- | 5.12 | 20.54 | 17.75 | 20.94 |
| Current ratio | 1.49 | 0.90 | 1.25 | 0.95 | 1.17 | 1.12 | 1.22 | 1.19 |
| Quick ratio | 0.67 | 0.80 | 1.13 | 0.80 | 0.96 | 1.01 | 1.08 | 1.06 |
| Debt / assets | 197.76 | 194.66 | 147.39 | 97.12 | 69.08 | 70.64 | 62.98 | 54.34 |
| LT debt / equity | 197.76 | 194.66 | 142.87 | 92.71 | 69.08 | 68.70 | 55.77 | 50.59 |
| Interest coverage | 3.92 | 4.29 | 3.31 | 8.63 | 8.45 | 9.29 | 14.87 | 17.38 |
| Revenue CAGR (3Y) % | 32.57 | 31.67 | 28.82 | 23.43 | 16.19 | 10.50 | 9.51 | 12.64 |
| Net income CAGR (3Y) % | 114.55 | 115.45 | 70.32 | 61.65 | 34.00 | 25.11 | 19.41 | 34.71 |
| FCF CAGR (3Y) % | -- | -- | -- | -- | -- | 53.12 | -- | 80.14 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE % | 40.84 | 43.55 | 42.86 | 42.76 | 48.50 | 49.54 |
| ROA % | 18.37 | 20.05 | 19.46 | 20.11 | 23.65 | 24.47 |
| ROIC % | 26.25 | 29.29 | 28.23 | 28.26 | 27.47 | 27.52 |
| 5-year avg ROE % | -- | -- | -- | -- | -- | -- |
| EBIT margin % | 28.11 | 29.81 | 29.56 | 29.88 | 36.06 | 35.85 |
| FCF / sales % | 18.53 | 20.39 | 20.67 | 20.94 | 25.37 | 23.06 |
| Current ratio | 1.20 | 1.34 | 1.33 | 1.19 | 1.41 | 1.14 |
| Quick ratio | 1.01 | 1.11 | 1.13 | 1.06 | 1.18 | 0.92 |
| Debt / assets | 62.50 | 57.92 | 55.73 | 54.34 | 46.14 | 47.46 |
| LT debt / equity | 58.31 | 57.92 | 55.73 | 50.59 | 42.93 | 39.22 |
| Interest coverage | 15.48 | 16.70 | 17.45 | 17.38 | 19.79 | 20.46 |
| Revenue CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-09-04 19:59:58
For reference only, not investment advice.