Netflix (NFLX) Operating Income (2009 - 2026)
Netflix's quarterly Operating Income came in at $4.0 billion in Q1 2026, up 18.23% year-on-year from $3.3 billion in Q1 2025, and up 33.83% quarter-over-quarter from $3.0 billion in Q4 2025.
Netflix has reported Operating Income for 18 years, with the latest figure at $4.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 18.23% year-over-year to $4.0 billion; the trailing twelve-month figure through Mar 2026 stood at $13.9 billion (up 25.19% YoY), and the FY2025 full-year result was $13.3 billion, up 27.92% from the prior year.
- Operating Income for Q1 2026 stood at $4.0 billion, up from $3.0 billion in the prior quarter.
- The five-year high for Operating Income was $4.0 billion in Q1 2026, with the low at $549.9 million in Q4 2022.
- Average Operating Income over 5 years is $2.4 billion, with a median of $2.3 billion recorded in 2024.
- Year-over-year, Operating Income decreased 14.58% in 2022 and jumped 172.07% in 2023.
- Tracing NFLX's Operating Income over 5 years: stood at $549.9 million in 2022, then jumped by 172.07% to $1.5 billion in 2023, then soared by 51.91% to $2.3 billion in 2024, then jumped by 30.09% to $3.0 billion in 2025, then soared by 33.83% to $4.0 billion in 2026.
- The last three Operating Income figures came in at $4.0 billion (Q1 2026), $3.0 billion (Q4 2025), and $3.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 3.96 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 2.31 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -2.47 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -370.52 Mn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | - |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 64.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 51.77 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | - |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 338.48 Mn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | -889.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.96 Bn |
| Dec 31, 2025 | 2.96 Bn |
| Sep 30, 2025 | 3.25 Bn |
| Jun 30, 2025 | 3.77 Bn |
| Mar 31, 2025 | 3.35 Bn |
| Dec 31, 2024 | 2.27 Bn |
| Sep 30, 2024 | 2.91 Bn |
| Jun 30, 2024 | 2.60 Bn |
| Mar 31, 2024 | 2.63 Bn |
| Dec 31, 2023 | 1.50 Bn |
| Sep 30, 2023 | 1.92 Bn |
| Jun 30, 2023 | 1.83 Bn |
| Mar 31, 2023 | 1.71 Bn |
| Dec 31, 2022 | 549.90 Mn |
| Sep 30, 2022 | 1.53 Bn |
| Jun 30, 2022 | 1.58 Bn |
| Mar 31, 2022 | 1.97 Bn |
| Dec 31, 2021 | 631.77 Mn |
| Sep 30, 2021 | 1.76 Bn |
| Jun 30, 2021 | 1.85 Bn |
| Mar 31, 2021 | 1.96 Bn |
| Dec 31, 2020 | 954.24 Mn |
| Sep 30, 2020 | 1.31 Bn |
| Jun 30, 2020 | 1.36 Bn |
| Mar 31, 2020 | 958.26 Mn |
| Dec 31, 2019 | 458.51 Mn |
| Sep 30, 2019 | 980.24 Mn |
| Jun 30, 2019 | 706.42 Mn |
| Mar 31, 2019 | 459.08 Mn |
| Dec 31, 2018 | 215.77 Mn |
| Sep 30, 2018 | 480.67 Mn |
| Jun 30, 2018 | 462.21 Mn |
| Mar 31, 2018 | 446.58 Mn |
| Dec 31, 2017 | 245.30 Mn |
| Sep 30, 2017 | 208.63 Mn |
| Jun 30, 2017 | 127.81 Mn |
| Mar 31, 2017 | 256.94 Mn |
| Dec 31, 2016 | 153.93 Mn |
| Sep 30, 2016 | 106.04 Mn |
| Jun 30, 2016 | 70.37 Mn |
| Mar 31, 2016 | 49.45 Mn |
| Dec 31, 2015 | 59.89 Mn |
| Sep 30, 2015 | 73.64 Mn |
| Jun 30, 2015 | 74.84 Mn |
| Mar 31, 2015 | 97.46 Mn |
| Dec 31, 2014 | 65.05 Mn |
| Sep 30, 2014 | 110.41 Mn |
| Jun 30, 2014 | 129.60 Mn |
| Mar 31, 2014 | 97.60 Mn |
| Dec 31, 2013 | 82.29 Mn |
| Sep 30, 2013 | 57.12 Mn |
| Jun 30, 2013 | 57.12 Mn |
| Mar 31, 2013 | 31.82 Mn |
| Dec 31, 2012 | 19.64 Mn |
| Sep 30, 2012 | 16.14 Mn |
| Jun 30, 2012 | 16.15 Mn |
| Mar 31, 2012 | -1.94 Mn |
| Dec 31, 2011 | 61.87 Mn |
| Sep 30, 2011 | 96.84 Mn |
| Jun 30, 2011 | 115.11 Mn |
| Mar 31, 2011 | 102.24 Mn |
| Dec 31, 2010 | 78.45 Mn |
| Sep 30, 2010 | 69.50 Mn |
| Jun 30, 2010 | 77.34 Mn |
| Mar 31, 2010 | 58.35 Mn |
| Dec 31, 2009 | -71.32 Mn |
| Sep 30, 2009 | 49.34 Mn |
| Jun 30, 2009 | 52.78 Mn |
| Mar 31, 2009 | 36.47 Mn |