NASDAQ:NFLX
Netflix Inc.
Netflix Inc.'s revenue grew 15.9% in fiscal 2025 to $45.2B while operating margin rose to 29.5%, its highest in 10 years. Free cash flow was $9.5B, 20.9% of revenue, and the diluted share count fell 1.1%.Summary generated from Netflix Inc.'s SEC filings. Latest annual report filed Jan 23, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$45.2B
Revenue growth+15.9%
Revenue, 5-yr CAGR+12.6%
Gross margin48.5%
Operating margin29.5%
Net margin24.3%
ROIC35.6%
Return on equity42.8%
Debt / equity0.54
Free cash flow$9.5B
FCF margin20.9%
Share count change−1.1%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 29.7 | 31.6 | 33.7 | 39.0 | 45.2 |
| Operating income | 6.2 | 5.6 | 7.0 | 10.4 | 13.3 |
| Net income | 5.1 | 4.5 | 5.4 | 8.7 | 11.0 |
| Free cash flow | −0.1 | 1.6 | 6.9 | 6.9 | 9.5 |
Recent filings
- 4Insider transaction report
Oct 2, 2026 - 4Insider transaction report
Oct 2, 2026 - 8-KDirector or officer change
Jul 30, 2026 - 8-KOther events
Jul 22, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 17, 2026 - 8-KResults of operations and financial condition
Jul 16, 2026 - 8-KResults of a shareholder vote
Jun 5, 2026 - 8-KOther events
Apr 23, 2026