Netflix (NFLX) Gross Profit (2009 - 2026)
Netflix (NFLX) recorded quarterly Gross Profit of $11.4 billion in Q1 2026, down 55.27% quarter-over-quarter from $25.5 billion in Q4 2025, and up 15.76% on a YoY basis from $9.9 billion in Q1 2025.
Netflix (NFLX) Gross Profit (2009 - 2026) Analysis & Trends
Netflix's Gross Profit history runs 18 years deep, the most recent figure standing at $11.4 billion for Q1 2026.
- In Q1 2026, Gross Profit rose 15.76% year-over-year to $11.4 billion; the TTM figure through Mar 2026 stood at $53.4 billion (up 127.92% YoY), while the FY2025 annual figure was $41.9 billion, up 133.16% from the prior year.
- Gross Profit was $11.4 billion for Q1 2026 at Netflix, down from $25.5 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $25.5 billion in Q4 2025 to a low of $2.4 billion in Q4 2022.
- Historically, Gross Profit has averaged $8.3 billion across 5 years, with a median of $7.3 billion in 2022.
- The sharpest annual moves came in 2023 and 2024: Gross Profit surged 740.84% in 2023, then sank 78.24% in 2024.
- A 5-year view of Gross Profit shows it stood at $2.4 billion in 2022, then soared by 740.84% to $20.6 billion in 2023, then plunged by 78.24% to $4.5 billion in 2024, then surged by 469.35% to $25.5 billion in 2025, then tumbled by 55.27% to $11.4 billion in 2026.
- The last three Gross Profit figures came in at $11.4 billion (Q1 2026), $25.5 billion (Q4 2025), and $10.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn |
| 9 | News | 15.92 Bn | 14.45 Bn | - |
| 10 | TKO Group Holdings | 15.40 Bn | 13.70 Bn | 862.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.41 Bn |
| Mar 31, 2026 | 11.41 Bn |
| Dec 31, 2025 | 25.50 Bn |
| Dec 31, 2025 | 25.50 Bn |
| Sep 30, 2025 | 10.72 Bn |
| Sep 30, 2025 | 10.72 Bn |
| Jun 30, 2025 | 5.75 Bn |
| Jun 30, 2025 | 5.75 Bn |
| Mar 31, 2025 | 9.85 Bn |
| Mar 31, 2025 | 9.85 Bn |
| Dec 31, 2024 | 4.48 Bn |
| Dec 31, 2024 | 4.48 Bn |
| Sep 30, 2024 | 4.70 Bn |
| Sep 30, 2024 | 4.70 Bn |
| Jun 30, 2024 | 4.39 Bn |
| Jun 30, 2024 | 4.39 Bn |
| Mar 31, 2024 | 8.72 Bn |
| Mar 31, 2024 | 8.72 Bn |
| Dec 31, 2023 | 20.58 Bn |
| Dec 31, 2023 | 20.58 Bn |