Growth Metrics

Netflix (NFLX) Net Margin (2016 - 2025)

Netflix (NFLX) has 17 years of Net Margin data on record, last reported at 20.07% in Q4 2025.

  • For Q4 2025, Net Margin rose 99026.0% year-over-year to 20.07%; the TTM value through Dec 2025 reached 48.23%, down 5049.0%, while the annual FY2025 figure was 24.3%, 197.0% up from the prior year.
  • Net Margin reached 20.07% in Q4 2025 per NFLX's latest filing, up from 1452.94% in the prior quarter.
  • Across five years, Net Margin topped out at 28.21% in Q2 2025 and bottomed at 1569.38% in Q1 2025.
  • Average Net Margin over 5 years is 314.29%, with a median of 17.86% recorded in 2022.
  • The widest YoY moves for Net Margin: up 130647bps in 2025, down -159426bps in 2025.
  • A 5-year view of Net Margin shows it stood at 7.88% in 2021, then tumbled by -91bps to 0.7% in 2022, then surged by 1408bps to 10.62% in 2023, then tumbled by -9237bps to 970.19% in 2024, then soared by 102bps to 20.07% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 20.07% in Q4 2025, 1452.94% in Q3 2025, and 28.21% in Q2 2025.