Netflix (NFLX) EBT Margin (2009 - 2026)
Netflix's quarterly EBT Margin came in at 53.45% in Q1 2026, up 2296.0% year-on-year from 2.23% in Q1 2025, and up 132.71% quarter-over-quarter from 22.97% in Q4 2025.
Netflix has reported EBT Margin for 18 years, with the latest figure at 53.45% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 2296.0% year-over-year to 53.45%; the trailing twelve-month figure through Mar 2026 stood at 34.24% (up 794.0% YoY), and the FY2025 full-year result was 28.16%, up 261.0% from the prior year.
- EBT Margin for Q1 2026 stood at 53.45%, up from 22.97% in the prior quarter.
- The five-year high for EBT Margin was 53.45% in Q1 2026, with the low at 0.5% in Q4 2022.
- Average EBT Margin over 5 years is 24.09%, with a median of 22.97% recorded in 2025.
- Year-over-year, EBT Margin sank 716 bps in 2023 and soared 2296 bps in 2026.
- Tracing NFLX's EBT Margin over 5 years: stood at 0.5% in 2022, then jumped by 2495 bps to 13.0% in 2023, then soared by 60 bps to 20.83% in 2024, then increased by 10 bps to 22.97% in 2025, then soared by 133 bps to 53.45% in 2026.
- The last three EBT Margin figures came in at 53.45% (Q1 2026), 22.97% (Q4 2025), and 27.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 53.45% |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 13.38% |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -35.08% |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -10.86% |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 5.91% |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 8.16% |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 7.10% |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 8.65% |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 17.67% |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | -97.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53.45% |
| Dec 31, 2025 | 22.97% |
| Sep 30, 2025 | 27.01% |
| Jun 30, 2025 | 32.78% |
| Mar 31, 2025 | 30.48% |
| Dec 31, 2024 | 20.83% |
| Sep 30, 2024 | 27.51% |
| Jun 30, 2024 | 26.30% |
| Mar 31, 2024 | 27.90% |
| Dec 31, 2023 | 13.00% |
| Sep 30, 2023 | 22.35% |
| Jun 30, 2023 | 20.51% |
| Mar 31, 2023 | 18.00% |
| Dec 31, 2022 | 0.50% |
| Sep 30, 2022 | 20.46% |
| Jun 30, 2022 | 20.36% |
| Mar 31, 2022 | 25.16% |
| Dec 31, 2021 | 7.15% |
| Sep 30, 2021 | 22.20% |
| Jun 30, 2021 | 21.71% |
| Mar 31, 2021 | 28.40% |
| Dec 31, 2020 | 7.62% |
| Sep 30, 2020 | 13.39% |
| Jun 30, 2020 | 16.84% |
| Mar 31, 2020 | 13.80% |
| Dec 31, 2019 | 2.73% |
| Sep 30, 2019 | 19.30% |
| Jun 30, 2019 | 10.17% |
| Mar 31, 2019 | 8.84% |
| Dec 31, 2018 | 2.85% |
| Sep 30, 2018 | 9.47% |
| Jun 30, 2018 | 10.97% |
| Mar 31, 2018 | 8.10% |
| Dec 31, 2017 | 4.00% |
| Sep 30, 2017 | 3.89% |
| Jun 30, 2017 | 0.50% |
| Mar 31, 2017 | 8.49% |
| Dec 31, 2016 | 3.64% |
| Sep 30, 2016 | 3.46% |
| Jun 30, 2016 | 2.43% |
| Mar 31, 2016 | 2.04% |
| Dec 31, 2015 | 1.14% |
| Sep 30, 2015 | 2.43% |
| Jun 30, 2015 | 2.46% |
| Mar 31, 2015 | 2.44% |
| Dec 31, 2014 | 3.07% |
| Sep 30, 2014 | 6.92% |
| Jun 30, 2014 | 8.76% |
| Mar 31, 2014 | 7.00% |
| Dec 31, 2013 | 6.30% |
| Sep 30, 2013 | 4.47% |
| Jun 30, 2013 | 4.36% |
| Mar 31, 2013 | 0.09% |
| Dec 31, 2012 | 1.58% |
| Sep 30, 2012 | 1.32% |
| Jun 30, 2012 | 1.20% |
| Mar 31, 2012 | -0.81% |
| Dec 31, 2011 | 6.49% |
| Sep 30, 2011 | 11.39% |
| Jun 30, 2011 | 14.05% |
| Mar 31, 2011 | 13.67% |
| Dec 31, 2010 | 12.51% |
| Sep 30, 2010 | 11.82% |
| Jun 30, 2010 | 14.11% |
| Mar 31, 2010 | 11.01% |
| Dec 31, 2009 | 11.55% |
| Sep 30, 2009 | 11.93% |
| Jun 30, 2009 | 12.97% |
| Mar 31, 2009 | 9.49% |