Netflix (NFLX) Gross Profit (2009 - 2026)
Netflix (NFLX) posted Gross Profit of $6.5 billion for Q2 2026, up 2.54% on a QoQ basis from $6.4 billion in Q1 2026, and up 13.37% year-over-year from $5.8 billion in Q2 2025.
Analysis
Netflix (NFLX) Gross Profit (2009 - 2026) Analysis & Trends
Netflix has reported Gross Profit for 18 years, with the latest figure at $6.5 billion in Q2 2026.
- On a quarterly basis, Gross Profit rose 13.37% year-over-year to $6.5 billion in Q2 2026; TTM through Jun 2026 was $23.8 billion, a 17.52% increase from a year earlier, with the FY2025 full-year figure at $21.9 billion, up 21.96% from the prior year.
- Gross Profit was $6.5 billion for Q2 2026 at Netflix, up from $6.4 billion in the prior quarter.
- The five-year high for Gross Profit was $6.5 billion in Q2 2026, with the low at $2.4 billion in Q4 2022.
- Average Gross Profit over 5 years is $4.4 billion, with a median of $4.4 billion recorded in 2024.
- The largest YoY upside for Gross Profit was 44.02% in 2023 against a maximum downside of 6.28% in 2023.
- Over 5 years, Gross Profit stood at $2.4 billion in 2022, then surged by 44.02% to $3.5 billion in 2023, then advanced by 27.06% to $4.5 billion in 2024, then climbed by 23.42% to $5.5 billion in 2025, then climbed by 18.0% to $6.5 billion in 2026.
- The last three Gross Profit figures came in at $6.5 billion (Q2 2026), $6.4 billion (Q1 2026), and $5.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn |
| 10 | LiveOne | 46.60 Mn | 37.94 Mn | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.52 Bn |
| Mar 31, 2026 | 6.36 Bn |
| Dec 31, 2025 | 5.53 Bn |
| Sep 30, 2025 | 5.35 Bn |
| Jun 30, 2025 | 5.75 Bn |
| Mar 31, 2025 | 5.28 Bn |
| Dec 31, 2024 | 4.48 Bn |
| Sep 30, 2024 | 4.70 Bn |
| Jun 30, 2024 | 4.39 Bn |
| Mar 31, 2024 | 4.39 Bn |
| Dec 31, 2023 | 3.53 Bn |
| Sep 30, 2023 | 3.61 Bn |
| Jun 30, 2023 | 3.51 Bn |
| Mar 31, 2023 | 3.36 Bn |
| Dec 31, 2022 | 2.45 Bn |
| Sep 30, 2022 | 3.14 Bn |
| Jun 30, 2022 | 3.28 Bn |
| Mar 31, 2022 | 3.58 Bn |
| Dec 31, 2021 | 2.47 Bn |
| Sep 30, 2021 | 3.28 Bn |