Netflix Gross Profit Growth & History (NFLX)
Netflix's gross profit was $21.91B for fiscal 2025.
View full Netflix company overviewNetflix annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $21.91B | $3.95B | +21.96% |
| 2024 | 2024-12-31 | $17.96B | $3.95B | +28.23% |
| 2023 | 2023-12-31 | $14.01B | $1.56B | +12.54% |
| 2022 | 2022-12-31 | $12.45B | $82.1M | +0.66% |
| 2021 | 2021-12-31 | $12.37B | $2.65B | +27.22% |
| 2020 | 2020-12-31 | $9.72B | $2.00B | +25.96% |
| 2019 | 2019-12-31 | $7.72B | $1.89B | +32.43% |
| 2018 | 2018-12-31 | $5.83B | $2.17B | +59.21% |
| 2017 | 2017-12-31 | $3.66B | $1.09B | +42.22% |
| 2016 | 2016-12-31 | $2.57B | $385.2M | +17.60% |
| 2015 | 2015-12-31 | $2.19B | $436.1M | +24.90% |
| 2014 | 2014-12-31 | $1.75B | $494.5M | +39.33% |
| 2013 | 2013-12-31 | $1.26B | $300.1M | +31.35% |
| 2012 | 2012-12-31 | $957.2M | −$207.5M | −17.81% |
| 2011 | 2011-12-31 | $1.16B | $359.4M | +44.63% |
| 2010 | 2010-12-31 | $805.3M | $214.3M | +36.26% |
| 2009 | 2009-12-31 | $591.0M | $136.6M | +30.05% |
| 2008 | 2008-12-31 | $454.4M | $35.3M | +8.41% |
| 2007 | 2007-12-31 | $419.2M | — | — |
Netflix quarterly gross profit
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $6.52B | $769.1M | +13.37% |
| Q1 2026 | 2026-03-31 | $6.36B | $1.08B | +20.49% |
| Q4 2025 | 2025-12-31 | $5.53B | $1.05B | +23.42% |
| Q3 2025 | 2025-09-30 | $5.35B | $641.2M | +13.63% |
| Q2 2025 | 2025-06-30 | $5.75B | $1.37B | +31.21% |
| Q1 2025 | 2025-03-31 | $5.28B | $886.3M | +20.17% |
| Q4 2024 | 2024-12-31 | $4.48B | $953.8M | +27.06% |
| Q3 2024 | 2024-09-30 | $4.70B | $1.09B | +30.30% |
| Q2 2024 | 2024-06-30 | $4.39B | $871.3M | +24.80% |
| Q1 2024 | 2024-03-31 | $4.39B | $1.04B | +30.84% |
| Q4 2023 | 2023-12-31 | $3.53B | $1.08B | +44.02% |
| Q3 2023 | 2023-09-30 | $3.61B | $474.0M | +15.11% |
| Q2 2023 | 2023-06-30 | $3.51B | $234.4M | +7.15% |
| Q1 2023 | 2023-03-31 | $3.36B | −$225.2M | −6.28% |
| Q4 2022 | 2022-12-31 | $2.45B | −$21.9M | −0.88% |
| Q3 2022 | 2022-09-30 | $3.14B | −$140.0M | −4.27% |
| Q2 2022 | 2022-06-30 | $3.28B | −$44.4M | −1.34% |
| Q1 2022 | 2022-03-31 | $3.58B | $288.3M | +8.75% |
| Q4 2021 | 2021-12-31 | $2.47B | −$9.5M | −0.38% |
| Q3 2021 | 2021-09-30 | $3.28B | $709.0M | +27.61% |
| Q2 2021 | 2021-06-30 | $3.32B | $819.2M | +32.71% |
| Q1 2021 | 2021-03-31 | $3.29B | $1.13B | +51.97% |
| Q4 2020 | 2020-12-31 | $2.48B | $477.9M | +23.88% |
| Q3 2020 | 2020-09-30 | $2.57B | $420.9M | +19.60% |
| Q2 2020 | 2020-06-30 | $2.50B | $587.1M | +30.62% |
| Q1 2020 | 2020-03-31 | $2.17B | $517.6M | +31.36% |
| Q4 2019 | 2019-12-31 | $2.00B | $548.0M | +37.70% |
| Q3 2019 | 2019-09-30 | $2.15B | $678.7M | +46.23% |
| Q2 2019 | 2019-06-30 | $1.92B | $412.6M | +27.42% |
| Q1 2019 | 2019-03-31 | $1.65B | $250.1M | +17.86% |
| Q4 2018 | 2018-12-31 | $1.45B | $382.0M | +35.66% |
| Q3 2018 | 2018-09-30 | $1.47B | $569.6M | +63.39% |
| Q2 2018 | 2018-06-30 | $1.50B | $711.1M | +89.58% |
| Q1 2018 | 2018-03-31 | $1.40B | $504.4M | +56.30% |
| Q4 2017 | 2017-12-31 | $1.07B | $248.3M | +30.17% |
| Q3 2017 | 2017-09-30 | $898.6M | $141.3M | +18.65% |
| Q2 2017 | 2017-06-30 | $793.8M | $161.7M | +25.58% |
| Q1 2017 | 2017-03-31 | $895.9M | $307.7M | +52.31% |
| Q4 2016 | 2016-12-31 | $823.1M | $249.2M | +43.41% |
| Q3 2016 | 2016-09-30 | $757.3M | $192.9M | +34.19% |
| Q2 2016 | 2016-06-30 | $632.1M | $109.2M | +20.87% |
| Q1 2016 | 2016-03-31 | $588.2M | $61.5M | +11.67% |
| Q4 2015 | 2015-12-31 | $574.0M | $103.6M | +22.02% |
| Q3 2015 | 2015-09-30 | $564.4M | $109.4M | +24.03% |
| Q2 2015 | 2015-06-30 | $522.9M | $97.4M | +22.88% |
| Q1 2015 | 2015-03-31 | $526.7M | $125.8M | +31.39% |
| Q4 2014 | 2014-12-31 | $470.4M | $115.8M | +32.67% |
| Q3 2014 | 2014-09-30 | $455.0M | $147.9M | +48.17% |
| Q2 2014 | 2014-06-30 | $425.6M | $116.9M | +37.86% |
| Q1 2014 | 2014-03-31 | $400.9M | $113.9M | +39.68% |
| Q4 2013 | 2013-12-31 | $354.6M | $105.2M | +42.18% |
| Q3 2013 | 2013-09-30 | $307.1M | $64.6M | +26.66% |
| Q2 2013 | 2013-06-30 | $308.7M | $63.0M | +25.62% |
| Q1 2013 | 2013-03-31 | $287.0M | $41.2M | +16.74% |
| Q4 2012 | 2012-12-31 | $249.4M | −$51.0M | −16.99% |
| Q3 2012 | 2012-09-30 | $242.5M | −$42.8M | −15.00% |
| Q2 2012 | 2012-06-30 | $245.7M | −$52.9M | −17.71% |
| Q1 2012 | 2012-03-31 | $245.9M | −$34.5M | −12.32% |
| Q4 2011 | 2011-12-31 | $300.4M | $95.3M | +46.45% |
| Q3 2011 | 2011-09-30 | $285.2M | $76.5M | +36.63% |
| Q2 2011 | 2011-06-30 | $298.6M | $93.7M | +45.76% |
| Q1 2011 | 2011-03-31 | $280.4M | $93.9M | +50.35% |
| Q4 2010 | 2010-12-31 | $205.1M | $36.1M | +21.34% |
| Q3 2010 | 2010-09-30 | $208.8M | $60.9M | +41.19% |
| Q2 2010 | 2010-06-30 | $204.9M | $65.6M | +47.12% |
| Q1 2010 | 2010-03-31 | $186.5M | $51.7M | +38.32% |
| Q4 2009 | 2009-12-31 | $169.1M | — | — |
| Q3 2009 | 2009-09-30 | $147.8M | $31.1M | +26.61% |
| Q2 2009 | 2009-06-30 | $139.3M | $31.7M | +29.52% |
| Q1 2009 | 2009-03-31 | $134.8M | — | — |
| Q3 2008 | 2008-09-30 | $116.8M | — | — |
| Q2 2008 | 2008-06-30 | $107.5M | — | — |
Netflix gross profit trends
Over the last five fiscal years, Netflix's gross profit increased from $9.72B to $21.91B, a change of $12.19B. The latest reported quarter, Q2 2026, shows $6.52B.
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Netflix source filings ↗Community posts
Netflix grows profit faster than sales but flags expense-timing benefits
Netflix ($NFLX) reported quarterly revenue of $12.874 billion, an increase of 11.8%, and operating income of $4.459 billion, up 37%. Operating margin reached 34.6%, compared with 28.2% a year earlier. Net income rose 44% to $3.664 billion, ...