Growth Metrics

Netflix (NFLX) EBIT Margin (2016 - 2026)

Netflix has reported EBIT Margin over the past 18 years, most recently at 32.3% for Q1 2026.

  • For Q1 2026, EBIT Margin rose 56.0% year-over-year to 32.3%; the TTM value through Mar 2026 reached 29.72%, up 201.0%, while the annual FY2025 figure was 29.49%, 278.0% up from the prior year.
  • EBIT Margin for Q1 2026 was 32.3% at Netflix, up from 24.54% in the prior quarter.
  • Over five years, EBIT Margin peaked at 34.07% in Q2 2025 and troughed at 7.0% in Q4 2022.
  • A 5-year average of 24.23% and a median of 24.54% in 2025 define the central range for EBIT Margin.
  • Biggest five-year swings in EBIT Margin: plummeted -536bps in 2022 and later skyrocketed 993bps in 2023.
  • Year by year, EBIT Margin stood at 7.0% in 2022, then soared by 142bps to 16.94% in 2023, then soared by 31bps to 22.18% in 2024, then increased by 11bps to 24.54% in 2025, then skyrocketed by 32bps to 32.3% in 2026.
  • Business Quant data shows EBIT Margin for NFLX at 32.3% in Q1 2026, 24.54% in Q4 2025, and 28.22% in Q3 2025.