Netflix (NFLX) EBT (2009 - 2026)
Netflix (NFLX) reported EBT of $4.07 billion for Q2 2026, up 12.0% from $3.63 billion a year earlier but down 37.9% from the prior quarter.
Powered by 
Analysis
Netflix (NFLX) EBT (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Netflix's EBT came in at $16.49 billion, up 41.2% year-over-year; for FY2025, it came in at $12.72 billion, up 27.7% from FY2024.
- EBT has increased for three consecutive years, with a five-year compound annual growth rate of 31.8% (FY2020 to FY2025).
- By year, EBT came in at $9.97 billion in FY2024 (+60.6%), $6.21 billion in FY2023 (+17.9%), $5.26 billion in FY2022 (-9.9%) and $5.84 billion in FY2021 (+82.5%).
- Five-year quarterly EBT spans a low of $39.34 million in Q4 2022 and a high of $6.55 billion in Q1 2026.
- Year over year, EBT has now increased in each of the last ten quarters, with growth averaging 44.4% over the last eight quarters.
- The high point for year-over-year EBT in five years was Q1 2026 (growth of 103.7%); the low point was Q4 2022 (a decline of 92.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.55 billion (Q1 2026), $2.77 billion (Q4 2025) and $3.11 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 138.75 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 18.76 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 4.07 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 5.77 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 1.78 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 3.28 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 2.56 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 6.06 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 1.51 Bn |
| 10 | Spotify Technology | 102.35 Bn | 59.59 Bn | 1.86 Bn | 836.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Netflix EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=NFLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "NFLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=NFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();