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Netflix NFLX Net margin

Net margin at other companies

GHC
Graham HoldingsGHC
10.7%-3.4pp
Apple logo
AppleAAPL
27.6%+3.3pp
Electronic Arts logo
Electronic ArtsEA
11.8%-3.2pp
Amazon logo
AmazonAMZN
15.9%+5.4pp
Charter Communications, Inc. logo
Charter Communications, Inc.CHTR
9.1%-0.5pp
Nexstar Media Group, Inc. logo
Nexstar Media Group, Inc.NXST
10%-1.3pp

Other financials

Income statement

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Revenue$12.6B+13.4%
Gross profit$6.5B+13.4%
Operating income$4.2B+11.1%
Net income$3.4B+8.8%
EPS (diluted)$0.72-90.0%

Balance sheet

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Cash & equivalents$9.1B+11.3%
Total debt$14.3B-15.5%
Total equity$30.2B+20.8%
Total assets$58.5B+10.1%

Cash flow

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Operating cash flow$1.7B-28.0%
CapEx$218.6M+40.3%
Free cash flow$1.5B-32.7%

Valuation

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Market cap$298.6B-40.0%
Enterprise value$303.81B-40.0%
P/E21.9×-26.7×
P/S6.2×-5.8×

Profitability

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Gross margin49.1%+0.6pp
Operating margin29.7%+0.2pp
FCF margin23.1%+2.7pp

Returns & leverage

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Return on equity49.5%+6.0pp
Debt / equity0.5×-0.2×
Current ratio1.1×-0.2×

Where this comes from

Calculated from Netflix’s reported figures.

Based on trailing twelve months.

The source filing: Netflix’s 8-K, filed July 16, 2026. Open the filing →

Filed
Jul 16, 2026, 4:03 PM EDT
Accession
0001065280-26-000211

FAQ

What is Netflix's net margin?
Netflix (NFLX) reported net margin of 28.2% in Q2 2026.
How has Netflix's net margin changed year-over-year?
Netflix's net margin increased by 14.8% year-over-year, from 24.6% to 28.2%.
What is the long-term trend for Netflix's net margin?
Over 5 years (2020 to 2025), Netflix's net margin has grown at a 17.1% compound annual growth rate (CAGR), from 11% to 24.3%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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