Netflix NFLX
NASDAQ NFLX
$76.83 -1.42 (-1.81%)
As of: Sep 8, 2026 · 3:59 PM EDT

Netflix (NFLX) EBT (2009 - 2026)

Netflix (NFLX) posted EBT of $4.1 billion for Q2 2026, down 37.86% on a QoQ basis from $6.5 billion in Q1 2026, and up 12.03% year-over-year from $3.6 billion in Q2 2025.

Analysis

Netflix (NFLX) EBT (2009 - 2026) Analysis & Trends

Netflix has reported EBT for 18 years, with the latest figure at $4.1 billion in Q2 2026.

  • On a quarterly basis, EBT rose 12.03% year-over-year to $4.1 billion in Q2 2026; TTM through Jun 2026 was $16.5 billion, a 41.17% increase from a year earlier, with the FY2025 full-year figure at $12.7 billion, up 27.66% from the prior year.
  • EBT was $4.1 billion for Q2 2026 at Netflix, down from $6.5 billion in the prior quarter.
  • The five-year high for EBT was $6.5 billion in Q1 2026, with the low at $39.3 million in Q4 2022.
  • Average EBT over 5 years is $2.5 billion, with a median of $2.3 billion recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: EBT plunged 92.86% in 2022, then surged 2818.83% in 2023.
  • Over 5 years, EBT stood at $39.3 million in 2022, then soared by 2818.83% to $1.1 billion in 2023, then surged by 85.89% to $2.1 billion in 2024, then increased by 29.68% to $2.8 billion in 2025, then soared by 47.0% to $4.1 billion in 2026.
  • The last three EBT figures came in at $4.1 billion (Q2 2026), $6.5 billion (Q1 2026), and $2.8 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Netflix 321.15 Bn 312.02 Bn 6.52 Bn 4.07 Bn
2 Spotify Technology 108.56 Bn 97.65 Bn 1.86 Bn 836.90 Mn
3 Tencent Music Entertainment 12.38 Bn 8.87 Bn 582.00 Mn 452.00 Mn
4 Huya 485.14 Mn 124.88 Mn 37.58 Mn 231,000.00
5 iQIYI 427.67 Mn -43.23 Mn 152.37 Mn -16.19 Mn
6 FuboTV 324.08 Mn -128.33 Mn 399.10 Mn -181.90 Mn
7 Kaltura 221.37 Mn 190.08 Mn 34.54 Mn -3.09 Mn
8 CuriosityStream 157.45 Mn 109.05 Mn 16.93 Mn 9.32 Mn
9 Cineverse 47.34 Mn 43.02 Mn 10.66 Mn -5.67 Mn
10 LiveOne 46.60 Mn 37.94 Mn 3.94 Mn -3.09 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.07 Bn
Mar 31, 2026 6.55 Bn
Dec 31, 2025 2.77 Bn
Sep 30, 2025 3.11 Bn
Jun 30, 2025 3.63 Bn
Mar 31, 2025 3.21 Bn
Dec 31, 2024 2.13 Bn
Sep 30, 2024 2.70 Bn
Jun 30, 2024 2.51 Bn
Mar 31, 2024 2.61 Bn
Dec 31, 2023 1.15 Bn
Sep 30, 2023 1.91 Bn
Jun 30, 2023 1.68 Bn
Mar 31, 2023 1.47 Bn
Dec 31, 2022 39.34 Mn
Sep 30, 2022 1.62 Bn
Jun 30, 2022 1.62 Bn
Mar 31, 2022 1.98 Bn
Dec 31, 2021 550.85 Mn
Sep 30, 2021 1.66 Bn