Netflix (NFLX) Gross Profit (2009 - 2026)
Netflix (NFLX) reported Gross Profit of $6.8 billion for Q3 2026, up 27.1% from $5.35 billion a year earlier and up 4.2% from the prior quarter.
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Analysis
Netflix (NFLX) Gross Profit (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Netflix's Gross Profit came in at $25.21 billion, up 20.9% year-over-year; for FY2025, it was $21.91 billion, up 22.0% from FY2024.
- Gross Profit has increased for 13 consecutive years, with a five-year compound annual growth rate of 17.6% (FY2020 to FY2025).
- By year, Gross Profit came in at $17.96 billion in FY2024 (+28.2%), $14.01 billion in FY2023 (+12.5%), $12.45 billion in FY2022 (+0.7%) and $12.37 billion in FY2021 (+27.2%).
- The Q3 2026 figure ranks as the highest quarterly Gross Profit in data going back to Q1 2009.
- Year over year, Gross Profit has now increased in each of the last 14 quarters, with growth averaging 22.1% over the last eight quarters.
- The high point for year-over-year Gross Profit in five years was Q4 2023 (growth of 44.0%); the low point was Q1 2023 (a decline of 6.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $6.52 billion (Q2 2026), $6.36 billion (Q1 2026) and $5.53 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - |
| 10 | PDD Holdings | 112.62 Bn | -131.44 Bn | 9.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.80 Bn |
| 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 |
API Access
Netflix Gross Profit 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=gross-profit&ticker=NFLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=NFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();