Netflix Quarterly Income Statement
NASDAQ: NFLXConsumer DiscretionaryConsumer Electronics/Video ChainsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Netflix revenue and earnings
In the quarter ended Jun 30, 2026, Netflix generated $12.56 billion in revenue, up 13.4% from the same quarter a year earlier. Net income was $3.40 billion (+8.8% year over year), for a net margin of 27.1% versus a median of 27.4% in the prior 5 quarters. Gross margin was 51.9% (flat year over year) and operating margin 33.4%.
Diluted earnings per share came in at $0.80, up from $0.72.
Summary generated from market data by MetaCap's automated system. Methodology
Netflix income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.56B | 12.25B | 12.05B | 11.51B | 11.08B | 10.54B | 10.25B | 9.82B | 9.56B | 9.37B | 8.83B | 8.54B |
| Revenue growth (YoY) | +13.37% | +16.19% | +17.61% | +17.16% | +15.90% | +12.51% | +16.00% | +15.02% | +16.76% | +14.81% | +12.49% | +7.77% |
| Cost of Revenue | 6.04B | 5.89B | 6.52B | 6.16B | 5.33B | 5.26B | 5.77B | 5.12B | 5.17B | 4.98B | 5.31B | 4.93B |
| Gross Profit | 6.52B | 6.36B | 5.53B | 5.35B | 5.75B | 5.28B | 4.48B | 4.70B | 4.39B | 4.39B | 3.53B | 3.61B |
| Operating Expenses | 2.33B | 2.40B | 2.57B | 2.10B | 1.98B | 1.93B | 2.21B | 1.80B | 1.78B | 1.76B | 2.03B | 1.69B |
| Research & Development | 1.01B | 959.70M | 890.30M | 853.58M | 824.68M | 822.82M | 776.50M | 735.06M | 711.25M | 702.47M | 673.34M | 657.16M |
| Selling, General & Admin | 1.32B | 1.44B | 1.68B | 1.24B | 1.15B | 1.11B | 1.43B | 1.06B | 1.07B | 1.06B | — | — |
| Operating Income | 4.19B | 3.96B | 2.96B | 3.25B | 3.77B | 3.35B | 2.27B | 2.91B | 2.60B | 2.63B | 1.50B | 1.92B |
| Interest Expense | 175.69M | 262.08M | 234.40M | 175.29M | 182.65M | 184.17M | 192.60M | 184.83M | 167.99M | 173.31M | 175.21M | 175.56M |
| Other Income (Expense) | 51.66M | 2.85B | 45.47M | 36.46M | 39.63M | 50.90M | 54.10M | -21.69M | 79.00M | 155.36M | -172.75M | 168.22M |
| Pretax Income | 4.07B | 6.55B | 2.77B | 3.11B | 3.63B | 3.21B | 2.13B | 2.70B | 2.51B | 2.61B | 1.15B | 1.91B |
| Income Tax | 667.17M | 1.26B | 349.22M | 562.49M | 506.26M | 323.38M | 265.66M | 339.44M | 366.55M | 282.37M | 210.31M | 231.63M |
| Net Income | 3.40B | 5.28B | 2.42B | 2.55B | 3.13B | 2.89B | 1.87B | 2.36B | 2.15B | 2.33B | 937.84M | 1.68B |
| Net Income growth (YoY) | +8.83% | +82.77% | +29.43% | +7.76% | +45.55% | +23.93% | +99.25% | +40.90% | +44.35% | +78.70% | +1596.40% | +19.97% |
| EPS (Basic) | 0.81 | 1.25 | -4.84 | 6.00 | 0.74 | 0.68 | -13.88 | 5.52 | 4.99 | 5.40 | -8.86 | 3.80 |
| EPS (Diluted) | 0.80 | 1.23 | -4.72 | 5.87 | 0.72 | 0.66 | -13.58 | 5.40 | 4.88 | 5.28 | -8.70 | 3.73 |
| Shares Outstanding (Basic) | 4.19B | 4.22B | — | 424.45M | 4.25B | 4.27B | — | 428.24M | 430.06M | 432.09M | — | 441.54M |
| Shares Outstanding (Diluted) | 4.26B | 4.30B | — | 434.04M | 4.35B | 4.37B | — | 437.90M | 439.74M | 441.65M | — | 450.01M |
| EBITDA | 4.29B | 4.06B | 3.04B | 3.34B | 3.85B | 3.43B | 2.35B | 2.99B | 2.68B | 2.72B | 1.58B | 2.01B |
| Gross Margin | 51.93% | 51.93% | 45.87% | 46.45% | 51.93% | 50.08% | 43.71% | 47.89% | 45.87% | 46.89% | 39.91% | 42.27% |
| Operating Margin | 33.38% | 32.30% | 24.54% | 28.22% | 34.07% | 31.75% | 22.18% | 29.61% | 27.23% | 28.09% | 16.94% | 22.44% |
| Net Margin | 27.08% | 43.13% | 20.07% | 22.13% | 28.21% | 27.42% | 18.24% | 24.06% | 22.46% | 24.89% | 10.62% | 19.64% |
This table shows 12 quarterly periods of Netflix's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow NFLX's reporting calendar. What is a income statement?