Growth Metrics

Netflix (NFLX) Net Margin (2016 - 2025)

Historic Net Margin for Netflix (NFLX) over the last 17 years, with Q4 2025 value amounting to 20.07%.

  • Netflix's Net Margin rose 18300.0% to 20.07% in Q4 2025 from the same period last year, while for Dec 2025 it was 24.3%, marking a year-over-year increase of 19700.0%. This contributed to the annual value of 24.3% for FY2025, which is 19700.0% up from last year.
  • Per Netflix's latest filing, its Net Margin stood at 20.07% for Q4 2025, which was up 18300.0% from 22.13% recorded in Q3 2025.
  • Over the past 5 years, Netflix's Net Margin peaked at 28.21% during Q2 2025, and registered a low of 0.7% during Q4 2022.
  • Its 5-year average for Net Margin is 18.91%, with a median of 19.5% in 2021.
  • Per our database at Business Quant, Netflix's Net Margin soared by 115300bps in 2021 and then crashed by -71800bps in 2022.
  • Over the past 5 years, Netflix's Net Margin (Quarter) 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 skyrocketed by 72bps to 18.24% in 2024, then grew by 10bps to 20.07% in 2025.
  • Its last three reported values are 20.07% in Q4 2025, 22.13% for Q3 2025, and 28.21% during Q2 2025.