Netflix (NFLX) Net Margin (2009 - 2026)

Netflix (NFLX) has reported Net Margin for 18 consecutive years, with 43.13% the latest figure, recorded in Q1 2026.

• In Q1 2026, Net Margin rose 1571.0% year-over-year to 43.13%; the TTM figure through Mar 2026 stood at 28.52% (up 545.0% YoY), while the FY2025 annual figure was 24.3%, up 197.0% from the prior year.
• Net Margin came in at 43.13% for Q1 2026 at Netflix, up from 20.07% in the prior quarter.
• The five-year high for Net Margin was 43.13% in Q1 2026, with the low at 0.7% in Q4 2022.
• Average Net Margin over 5 years is 20.69%, with a median of 20.07% recorded in 2025.
• Across the five-year window, Net Margin sank 718 bps in 2022 and surged 1571 bps in 2026, its largest moves.
• Year by year, Net Margin stood at 0.7% in 2022, then surged by 1408 bps to 10.62% in 2023, then surged by 72 bps to 18.24% in 2024, then climbed by 10 bps to 20.07% in 2025, then jumped by 115 bps to 43.13% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 43.13%, 20.07%, and 22.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.