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Netflix NFLX Reportable Segment — Technology and development

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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$291.85B-41.5%
Enterprise value$297.06B-41.5%
P/E21.4×-27.3×
P/S6×-5.9×

Profitability

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Gross margin49.1%+0.6pp
Operating margin29.7%+0.2pp
Net margin28.2%+3.6pp
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

Reported directly by Netflix in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Netflix’s 8-K, filed July 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Netflix's reportable segment — technology and development?
Netflix (NFLX) reported reportable segment — technology and development of $1.01B in Q2 2026.
How has Netflix's reportable segment — technology and development changed year-over-year?
Netflix's reportable segment — technology and development increased by 22.2% year-over-year, from $824.68M to $1.01B.
What is the long-term trend for Netflix's reportable segment — technology and development?
Over 2 years (2023 to 2025), Netflix's reportable segment — technology and development has grown at a 12.6% compound annual growth rate (CAGR), from $2.68B to $3.39B.
What does reportable segment — technology and development mean?
Costs associated with maintaining and improving the company's digital infrastructure, software platforms, and product features. This reflects ongoing investment in the user experience and backend technical capabilities.