Income StatementBalance SheetCash FlowSegments
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Netflix Business Segments

Business, geographic, and product segment breakdowns

Netflix generates $46.9B in annual revenue across 1 key segments: Business Segments ($46.9B). The company-wide operating margin is 29.72%. Based on the Q1 2026 filing.

Business Segments (TTM)$46.9B
Latest FilingQ1 2026
Report Date2026-04-17
Market Cap$373.08B
P/E Ratio27.90
ROE48.5%

Products & Services

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue$10.2B$10.5B$11.1B$11.5B$12.1B$12.2B

Geographic

Long-lived tangible assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Non-US$926.2M———$1.1B$1.1B

Long-Lived Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
United States$2.8B$2.8B$2.9B$3.0B$3.1B$3.1B

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
United States$4.2B$4.3B$4.6B$4.7B$4.9B$4.9B

Business Segments

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue$10.2B$10.5B$11.1B$11.5B$12.1B$12.2B
Pre-Tax Income$2.1B$3.2B$3.6B$3.1B$2.8B$6.5B
Net Income$1.9B$2.9B$3.1B$2.5B$2.4B$5.3B
Amortization of content assets$4.2B$3.8B$3.8B$4.0B$4.8B$4.2B
Operating Income (Loss)$2.3B$3.3B$3.8B$3.2B$3.0B$4.0B
Interest and other income (expense)$54.1M$50.9M$39.6M$36.5M$45.5M$2.9B
Business combination, termination fee income—————$2.8B
Other cost of revenues$1.6B$1.4B$1.5B$2.2B$1.8B$1.7B
Income Tax Expense (Benefit)$265.7M$323.4M$506.3M$562.5M$349.2M$1.3B
Technology and development$776.5M$822.8M$824.7M$853.6M$890.3M$959.7M
Sales and marketing$976.2M$688.4M$713.3M$786.3M$1.1B$842.2M
G&A$453.7M$421.5M$441.2M$457.9M$567.8M$602.6M
Interest Expense, Nonoperating$192.6M$184.2M$182.6M$175.3M$234.4M$262.1M
Interest Income$88.0M$82.0M$72.0M$67.0M$74.0M$70.0M
Operating margin—31.7%34.1%28.2%—32.3%