Netflix Operating Income decreased by 9.0% to $2.96B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 30.1%, from $2.27B to $2.96B. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 21.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in operating income suggests that the company is becoming more profitable in its primary business activities.
The profit realized from a business's own operations after deducting all operating expenses, including COGS, R&D, and SG...
This is a key metric for comparing the operational performance of companies with different debt levels.
is_operating_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.85B | $1.76B | $631.77M | $1.97B | $1.58B | $1.53B | $549.90M | $1.71B | $1.83B | $1.92B | $1.50B | $2.63B | $2.60B | $2.91B | $2.27B | $3.35B | $3.77B | $3.25B | $2.96B |
| QoQ Change | — | -5.0% | -64.0% | +212.1% | -20.0% | -2.9% | -64.1% | +211.7% | +6.6% | +4.9% | -21.9% | +76.0% | -1.1% | +11.8% | -21.9% | +47.3% | +12.8% | -13.9% | -9.0% |
| YoY Change | — | — | — | — | -14.6% | -12.7% | -13.0% | -13.1% | +15.8% | +25.0% | +172.1% | +53.6% | +42.5% | +51.8% | +51.9% | +27.1% | +45.0% | +11.6% | +30.1% |
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