# Netflix Inc: overview

NFLX · Nasdaq · CIK 1065280 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nflx.md) · [Financials](/companies/nflx/financials.md) · [Filings](/companies/nflx/filings.md) · [Insiders](/companies/nflx/insiders.md)

Latest reported revenue: [$12.87bn](/filings/0001065280-26-000291.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 21, 2026 (XBRL us-gaap:Revenues, accession 0001065280-26-000291).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [10.2 d](/filings/0001065280-26-000034.md) | [10.5](/filings/0001065280-26-000138.md) | [11.1](/filings/0001065280-26-000212.md) | [11.5](/filings/0001065280-26-000291.md) | [12.1 d](/filings/0001065280-26-000034.md) | [12.2](/filings/0001065280-26-000138.md) | [12.6](/filings/0001065280-26-000212.md) | [12.9](/filings/0001065280-26-000291.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [22.2% d](/filings/0001065280-26-000034.md) | [31.7%](/filings/0001065280-26-000138.md) | [34.1%](/filings/0001065280-26-000212.md) | [28.2%](/filings/0001065280-26-000291.md) | [24.5% d](/filings/0001065280-26-000034.md) | [32.3%](/filings/0001065280-26-000138.md) | [33.4%](/filings/0001065280-26-000212.md) | [34.6%](/filings/0001065280-26-000291.md) |
| Net margin | % | [18.2% d](/filings/0001065280-26-000034.md) | [27.4%](/filings/0001065280-26-000138.md) | [28.2%](/filings/0001065280-26-000212.md) | [22.1%](/filings/0001065280-26-000291.md) | [20.1% d](/filings/0001065280-26-000034.md) | [43.1%](/filings/0001065280-26-000138.md) | [27.1%](/filings/0001065280-26-000212.md) | [28.5%](/filings/0001065280-26-000291.md) |
| Diluted EPS | $ per share | not reported | [0.66](/filings/0001065280-26-000138.md) | [0.72](/filings/0001065280-26-000212.md) | [0.59](/filings/0001065280-26-000291.md) | not reported | [1.23](/filings/0001065280-26-000138.md) | [0.80](/filings/0001065280-26-000212.md) | [0.87](/filings/0001065280-26-000291.md) |
| Free cash flow | $bn | [1.4 d](/filings/0001065280-26-000034.md) | [2.7](/filings/0001065280-26-000138.md) | [2.3](/filings/0001065280-26-000212.md) | [2.7](/filings/0001065280-26-000291.md) | [1.9 d](/filings/0001065280-26-000034.md) | [5.1](/filings/0001065280-26-000138.md) | [1.5](/filings/0001065280-26-000212.md) | [2.9](/filings/0001065280-26-000291.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [29.7](/filings/0001065280-24-000030.md) | [31.6](/filings/0001065280-25-000044.md) | [33.7](/filings/0001065280-26-000034.md) | [39.0](/filings/0001065280-26-000034.md) | [45.2](/filings/0001065280-26-000034.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [20.9%](/filings/0001065280-24-000030.md) | [17.8%](/filings/0001065280-25-000044.md) | [20.6%](/filings/0001065280-26-000034.md) | [26.7%](/filings/0001065280-26-000034.md) | [29.5%](/filings/0001065280-26-000034.md) |
| Net margin | % | [17.2%](/filings/0001065280-24-000030.md) | [14.2%](/filings/0001065280-25-000044.md) | [16.0%](/filings/0001065280-26-000034.md) | [22.3%](/filings/0001065280-26-000034.md) | [24.3%](/filings/0001065280-26-000034.md) |
| Diluted EPS | $ per share | [11.24](/filings/0001065280-24-000030.md) | [9.95](/filings/0001065280-25-000044.md) | [1.20](/filings/0001065280-26-000034.md) | [1.98](/filings/0001065280-26-000034.md) | [2.53](/filings/0001065280-26-000034.md) |
| Free cash flow | $bn | [(0.1)](/filings/0001065280-24-000030.md) | [1.6](/filings/0001065280-25-000044.md) | [6.9](/filings/0001065280-26-000034.md) | [6.9](/filings/0001065280-26-000034.md) | [9.5](/filings/0001065280-26-000034.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nflx/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2026-10-26 | [Smith Bradford L](/insiders/1193119.md) | Director | Sale (S) | 4,200 | $65.1376 | $273.6k | [Form 4](/filings/0001193119-26-000003.md) |
| 2026-10-26 | [Smith Bradford L](/insiders/1193119.md) | Director | Sale (S) | 1,800 | $64.61 | $116.3k | [Form 4](/filings/0001193119-26-000003.md) |
| 2026-10-26 | [Smith Bradford L](/insiders/1193119.md) | Director | Sale (S) | 11,980 | $63.549 | $761.3k | [Form 4](/filings/0001193119-26-000003.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $24.90bn | 348,770,600 |  | Added +2,522,671 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $19.64bn | 275,026,936 |  | Added +626,284 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $12.86bn | 180,129,582 |  | Added +8,474,820 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $9.71bn | 135,937,268 |  | Reduced −68,713,615 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $9.67bn | 135,419,167 |  | Added +92,572,259 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $7.85bn | 110,312,736 |  | Added +6,784,150 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $7.12bn | 99,723,374 |  | Added +705,250 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $6.24bn | 87,336,163 |  | Reduced −11,767,389 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $5.36bn | 75,056,512 |  | Reduced −342,219 |
| [Capital Research Global Investors](/funds/1422848.md) | 2026-06-30 | $4.91bn | 68,701,246 |  | Added +655,265 |

## Recent filings

[All 4,949 filings](/companies/nflx/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-21 | 16:01 ET | [10-Q](/filings/0001065280-26-000291.md) | Quarterly report, period 2026-09-30 | 0001065280-26-000291 |
| 2026-10-20 | 16:01 ET | [8-K](/filings/0001065280-26-000290.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001065280-26-000290 |
| 2026-07-30 | 16:05 ET | [8-K](/filings/0001065280-26-000214.md) | 5.02 Departure or appointment of officers or directors | 0001065280-26-000214 |
| 2026-07-22 | 17:20 ET | [8-K](/filings/0001193125-26-312575.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-312575 |
| 2026-07-17 | 16:02 ET | [10-Q](/filings/0001065280-26-000212.md) | Quarterly report, period 2026-06-30 | 0001065280-26-000212 |
| 2026-07-16 | 16:03 ET | [8-K](/filings/0001065280-26-000211.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001065280-26-000211 |
| 2026-06-05 | 17:01 ET | [8-K](/filings/0001065280-26-000189.md) | 5.07 Shareholder vote results; 8.01 Other events | 0001065280-26-000189 |
| 2026-04-23 | 19:13 ET | [8-K](/filings/0001065280-26-000139.md) | 8.01 Other events | 0001065280-26-000139 |
| 2026-04-17 | 16:02 ET | [10-Q](/filings/0001065280-26-000138.md) | Quarterly report, period 2026-03-31 | 0001065280-26-000138 |
| 2026-04-16 | 17:06 ET | [DEF 14A](/filings/0001193125-26-159286.md) | Proxy statement, period 2026-06-04 | 0001193125-26-159286 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001065280-26-000034.md), filed Jan 23, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1065280
- Tickers: NFLX
- Exchange: Nasdaq
- SIC code: 7841 Services-Video Tape Rental
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 17:47 ET. No prices; not investment advice.
