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NASDAQ · Consumer discretionary

Netflix Inc (NFLX)

Netflix Inc brought in $48.4B of revenue over the twelve months to June 30, 2026, up 16.0% from a year earlier. Net income was $13.6B, a net margin of 28.2%. Operating cash flow minus capital spending left $9.5B of free cash flow in fiscal 2025. At June 30, 2026 it held $9.1B in cash against $11.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 17, 2026.

Price
$66.83
-0.34% on the day · October 5, 2026
52-week range $65.08 to $124.86
Market cap
$278.3B
Revenue (last 12 months)
$48.4B
+16.0% year on year
Net margin
28.2%
P/E
26.4
on FY2025 diluted EPS

Key facts about Netflix Inc

Net worth
Netflix Inc has a market value (market cap) of $278.3B at the latest share price, and shareholders' equity of $30.2B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $45.2B (+15.9% year on year), with net income of $11B. Over the 12 months to June 30, 2026: revenue $48.4B, net income $13.6B.
Cash flow
In fiscal 2025 operations brought in $10.1B of cash; after $688.2M of capital spending, free cash flow was $9.5B.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 17, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
Next earnings report
Netflix Inc's next report is expected around October 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

What Netflix Inc does

Netflix operates a subscription video-on-demand streaming service. It produces and licenses television shows, films, and documentaries, and distributes them directly to subscribers across internet-connected devices. The company is known for original series, films, and its digital entertainment platform. Its shares trade on NASDAQ under the ticker NFLX.

Revenue and profit by year

Revenue
FY18: $15.8B $15.8B FY18FY19: $20.2B $20.2B FY19FY20: $25B $25B FY20FY21: $29.7B $29.7B FY21FY22: $31.6B $31.6B FY22FY23: $33.7B $33.7B FY23FY24: $39B $39B FY24FY25: $45.2B $45.2B FY25
Net income
FY18: $1.2B $1.2B FY18FY19: $1.9B $1.9B FY19FY20: $2.8B $2.8B FY20FY21: $5.1B $5.1B FY21FY22: $4.5B $4.5B FY22FY23: $5.4B $5.4B FY23FY24: $8.7B $8.7B FY24FY25: $11B $11B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$45.2B$13.3B$11B$2.53$9.5B
2024$39B$10.4B$8.7B$1.98$6.9B
2023$33.7B$7B$5.4B$1.20$6.9B
2022$31.6B$5.6B$4.5B$0.99$1.6B
2021$29.7B$6.2B$5.1B$1.12-$132M
2020$25B$4.6B$2.8B$0.61$1.9B

Full financial statements: income, balance sheet and cash flow

Next report expected around October 13, 2026.

Estimated from its filing rhythm: about 89 days after its last report of July 16, 2026, its usual gap. Not a date the company has announced. See the report calendar

Where NFLX ranks in Consumer discretionary

Revenue$45.2B
#22 of 1076 in Consumer discretionary · Top 2%
Revenue growth+15.9%
#181 of 952 in Consumer discretionary · Top 19%
Net margin24.3%
#48 of 968 in Consumer discretionary · Top 5%
Free cash flow margin20.9%
#60 of 853 in Consumer discretionary · Top 7%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Latest SEC filings

What Netflix Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 6, 2026
  2. July 30, 2026
  3. July 22, 2026
  4. July 21, 2026
  5. July 20, 2026
  6. July 20, 2026
  7. July 17, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 13% to $12.6B versus the same quarter last year; diluted EPS $0.80 versus $0.72.
  8. July 16, 2026
  9. June 5, 2026
  10. April 30, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 2, 2026. Insider transactions on SEC

What is NFLX worth? A DCF from its reported cash flow

Insider trades

What the people running Netflix Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $13.2M worth of shares in the last 90 days and bought none on the open market. Most of the selling (76%) was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$13.2M
last 90 days
Net sold
179,765
$13.2M
DateInsiderWhatSharesPriceValueFiling
September 10, 2026 Barton Richard NDirector Exercised options 720 $26.51 $19.1K Form 4
September 10, 2026 Barton Richard NDirector Soldpre-planned (10b5-1) 720 $75.27 $54.2K Form 4
September 9, 2026 Barton Richard NDirector Exercised options 230 $20.11 $4.6K Form 4
September 9, 2026 Barton Richard NDirector Exercised options 490 $26.51 $13K Form 4
September 9, 2026 Barton Richard NDirector Soldpre-planned (10b5-1) 720 $76.26 $54.9K Form 4
September 8, 2026 Barton Richard NDirector Exercised options 720 $20.11 $14.5K Form 4
September 8, 2026 Barton Richard NDirector Soldpre-planned (10b5-1) 720 $77.60 $55.9K Form 4
August 10, 2026 Neumann Spencer AdamChief Financial Officer Sold 9,248 $75.79 $700.9K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns NFLX

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Capital Management13G, passive 7.49% 316,347,733 April 30, 2026

Latest filings below 5%: Fmr LLC 3.3% (August 6, 2026); The Vanguard Group 0% (March 27, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 3,374 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.348,770,600$24.9B+2,522,671
Vanguard Capital Management LLC275,026,936$19.64B+626,284
State Street Corp180,129,582$12.86B+8,474,820
Fmr LLC135,937,268$9.71B-68,713,615
Invesco Ltd.135,419,167$9.67B+3,959,040
Geode Capital Management, LLC110,312,736$7.85B+6,784,150
Morgan Stanley99,723,374$7.12B+705,250
Capital World Investors87,336,163$6.24B-11,767,389
Vanguard Portfolio Management LLC75,056,512$5.36B-342,219
Capital Research Global Investors68,701,246$4.91B+655,265
Norges Bank57,951,405$4.14Bnew
Alliancebernstein L.P.35,069,813$3.37B-1,738,797
Jpmorgan Chase & Co44,322,490$3.27B-18,631,906
Northern Trust Corp41,814,759$2.99B-825,948
Loomis Sayles & Co L P40,017,462$2.86B+2,043,917
Goldman Sachs Group Inc38,506,961$2.75B+9,035,453
Bank of America Corp37,457,348$2.67B-20,485,464
Charles Schwab Investment Management Inc33,723,951$2.41B+2,312,305
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC31,183,400$2.23B-2,674,721
Bank of Montreal30,878,034$2.2B+4,299,780

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

8 insiders reported holding 21,941,715 shares in total, about $1.48B at the last price.

HolderSharesAs of
Hastings ReedDirector 21,163,51621,159,576 held indirectly June 1, 2026
Hyman David AChief Legal Officer 316,100 August 4, 2026
Sarandos Theodore ACo-CEO, Director 178,954 August 4, 2026
Peters Gregory KCo-CEO, Director 120,931 August 6, 2026
Smith Bradford LDirector 79,690 June 17, 2026
Neumann Spencer AdamChief Financial Officer 73,787 August 10, 2026
Willems Cletus RChief Global Affairs Officer 6,277 August 3, 2026
Barton Richard NDirector 2,460 September 10, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about NFLX

What does Netflix Inc do?

Netflix operates a subscription video-on-demand streaming service. It produces and licenses television shows, films, and documentaries, and distributes them directly to subscribers across internet-connected devices. The company is known for original series, films, and its digital entertainment platform. Its shares trade on NASDAQ under the ticker NFLX.

What is Netflix Inc's net worth?

Netflix Inc has a market value (market cap) of $278.3B at the latest share price, and shareholders' equity of $30.2B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Netflix Inc profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $13.6B on revenue of $48.4B, a net margin of 28.2%.

How much revenue does Netflix Inc make?

Over the twelve months to June 30, 2026 Netflix Inc reported revenue of $48.4B. That is 16.0% more than a year earlier.

When did Netflix Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 17, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 2, 2026.

When is Netflix Inc's next earnings report?

Netflix Inc's next report is expected around October 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values Netflix Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.