Company profile · free preview

Netflix, Inc.

NFLX · NASDAQ · Communication Services · Updated 10/18/2026

Revenue

$45.2B

Fiscal 2025

Net income

$11.0B

Fiscal 2025

Free cash flow

$9.5B

Fiscal 2025

Net cash / (debt)

(5.4B)

Fiscal 2025

Five-year financials

Fiscal year20252024202320222021
Revenue$45.2B$39.0B$33.7B$31.6B$29.7B
Net income$11.0B$8.7B$5.4B$4.5B$5.1B
Diluted EPS$2.53$1.98$1.20$1.00$1.12
Operating cash flow$10.1B$7.4B$7.3B$2.0B$392.6M
Free cash flow$9.5B$6.9B$6.9B$1.6B(132.0M)
Cash$9.0B$7.8B$7.1B$5.1B$6.0B
Total debt$14.5B$18.0B$17.0B$14.4B$18.1B

SEC filings

  • 4 · period 2026-10-012026-10-02EDGAR
  • 4 · period 2026-10-012026-10-02EDGAR
  • 4 · period 2026-10-012026-10-02EDGAR

Analyst overview

Netflix operates as a global streaming entertainment service, offering a vast library of films, television series, documentaries, and mobile games across a wide variety of genres and languages. The company generates revenue primarily through monthly subscription fees from its members, maintaining a dominant position in the streaming industry due to its extensive content catalog and widespread international presence.

Over the past five years, Netflix has demonstrated consistent revenue growth, from $29.7 billion in 2021 to a projected $45.2 billion in 2025, alongside significant expansion in net income, rising from $5.1 billion to an estimated $11.0 billion over the same period. Free cash flow has shown substantial improvement, moving from negative $132.0 million in 2021 to a projected $9.5 billion in 2025, while cash on hand has grown to $9.0 billion against total debt of $14.5 billion by 2025.

Key strengths include Netflix's global brand recognition and expanding content library, which drive subscriber engagement. However, the business faces risks from increasing competition in the streaming sector and evolving content licensing costs. Going forward, investors should monitor the company's subscriber growth trends and its strategy for content investment and monetization, particularly as it expands into new revenue streams.

AI-generated from published financials and filings · 10/18/2026. Not investment advice.

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