Netflix Inc (NFLX)

Official site

COMMUNICATION SERVICES • ENTERTAINMENT • NASDAQ

$72.61

+2.04 (+2.89%)

Market Cap: $293.85B

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

79%(31/39)

Avg Surprise

+13.67%

Streak

1 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.82

Range$0.79 - $0.87

34 analysts

EPS Revisions

30d

EPS Estimate DriftChange to current

90d ago$0.84-2.3%

60d ago$0.82+0.2%

30d ago$0.82+0.1%

7d ago$0.82+0.1%

Current$0.82

Revenue Consensus

$12.9B

Range$12.8B - $13.0B

37 analysts

Period ending Dec 31, 2026

EPS Consensus$0.63

Range$0.55 - $0.73

41 analysts

Revenue Consensus

$13.6B

Range$13.3B - $13.9B

46 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.63	$0.55 - $0.73	-	-	41	-	-
Sep 30, 2026Sep 26EST	-	$0.82	$0.79 - $0.87	-	-	34	3 2 30d	-
Jun 30, 2026Jun 26 Reported Jul 16, 2026Reported Jul 16	$0.80	$0.79	$0.74 - $0.83	+1.27%	Beat	36	4 23 30d	+11.1%
Mar 31, 2026Mar 26 Reported Apr 16, 2026Reported Apr 16	$1.23	$1.32	$1.31 - $1.45	-6.82%	Miss	5	5 0 30d	+86.4%
Dec 31, 2025Dec 25 Reported Jan 20, 2026Reported Jan 20	$0.56	$0.55	$0.52 - $0.67	+1.82%	Beat	31	3 1 30d	+30.2%
Sep 30, 2025Sep 25 Reported Oct 21, 2025Reported Oct 21	$0.59	$0.70	-	-15.71%	Miss	35	2 1 30d	+9.3%
Jun 30, 2025Jun 25 Reported Jul 17, 2025Reported Jul 17	$0.72	$0.71	-	+1.41%	Beat	31	2 2 30d	+46.9%
Mar 31, 2025Mar 25 Reported Apr 17, 2025Reported Apr 17	$0.66	$0.57	-	+15.79%	Beat	32	1 1 30d	+26.9%
Dec 31, 2024Dec 24 Reported Jan 21, 2025Reported Jan 21	$0.43	$0.42	-	+2.38%	Beat	32	5 6 30d	+104.8%
Sep 30, 2024Sep 24 Reported Oct 17, 2024Reported Oct 17	$0.54	$0.51	-	+5.88%	Beat	35	7 2 30d	+45.9%
Jun 30, 2024Jun 24 Reported Jul 18, 2024Reported Jul 18	$0.49	$0.48	-	+2.08%	Beat	34	4 2 30d	+48.5%
Mar 31, 2024Mar 24 Reported Apr 18, 2024Reported Apr 18	$0.52	$0.45	-	+15.56%	Beat	31	12 2 30d	+79.3%
Dec 31, 2023Dec 23 Reported Jan 23, 2024Reported Jan 23	$0.21	$0.22	-	-4.55%	Miss	34	7 1 30d	+2000.0%
Sep 30, 2023Sep 23 Reported Oct 18, 2023Reported Oct 18	$0.37	$0.35	-	+5.71%	Beat	34	4 3 30d	+19.4%
Jun 30, 2023Jun 23 Reported Jul 19, 2023Reported Jul 19	$0.33	$0.29	-	+13.79%	Beat	32	12 1 30d	+3.1%
Mar 31, 2023Mar 23 Reported Apr 18, 2023Reported Apr 18	$0.29	$0.29	-	+0.00%	Beat	34	8 1 30d	-17.1%
Dec 31, 2022Dec 22 Reported Jan 19, 2023Reported Jan 19	$0.01	N/A	-	-80.00%	Miss	32	5 1 30d	-92.3%
Sep 30, 2022Sep 22 Reported Oct 18, 2022Reported Oct 18	$0.31	$0.21	-	+47.62%	Beat	31	3 1 30d	-3.1%
Jun 30, 2022Jun 22 Reported Jul 19, 2022Reported Jul 19	$0.32	$0.29	-	+10.34%	Beat	34	1 0 30d	+6.7%
Mar 31, 2022Mar 22 Reported Apr 19, 2022Reported Apr 19	$0.35	$0.29	-	+20.69%	Beat	33	2 4 30d	-7.9%
Dec 31, 2021Dec 21 Reported Jan 20, 2022Reported Jan 20	$0.13	$0.08	-	+62.50%	Beat	36	No revisions (30d)	+8.3%
Sep 30, 2021Sep 21 Reported Oct 19, 2021Reported Oct 19	$0.32	$0.26	-	+23.08%	Beat	36	4 0 30d	+88.2%
Jun 30, 2021Jun 21 Reported Jul 20, 2021Reported Jul 20	$0.30	$0.32	-	-6.25%	Miss	35	2 0 30d	+87.5%
Mar 31, 2021Mar 21 Reported Apr 20, 2021Reported Apr 20	$0.38	$0.30	-	+26.67%	Beat	35	5 0 30d	+137.5%
Dec 31, 2020Dec 20 Reported Jan 19, 2021Reported Jan 19	$0.12	$0.14	-	-14.29%	Miss	38	12 0 30d	-7.7%
Sep 30, 2020Sep 20 Reported Oct 20, 2020Reported Oct 20	$0.17	$0.21	-	-19.05%	Miss	38	7 0 30d	+13.3%
Jun 30, 2020Jun 20 Reported Jul 16, 2020Reported Jul 16	$0.16	$0.18	-	-11.11%	Miss	38	5 0 30d	+166.7%
Mar 31, 2020Mar 20 Reported Apr 21, 2020Reported Apr 21	$0.16	$0.16	-	+0.00%	Beat	36	4 0 30d	+100.0%
Dec 31, 2019Dec 19 Reported Jan 21, 2020Reported Jan 21	$0.13	$0.05	-	+160.00%	Beat	39	8 0 30d	+333.3%
Sep 30, 2019Sep 19 Reported Oct 16, 2019Reported Oct 16	$0.15	$0.10	-	+50.00%	Beat	39	3 0 30d	+66.7%
Jun 30, 2019Jun 19 Reported Jul 17, 2019Reported Jul 17	$0.06	$0.06	-	+0.00%	Beat	36	3 0 30d	-33.3%
Mar 31, 2019Mar 19 Reported Apr 16, 2019Reported Apr 16	$0.08	$0.06	-	+33.33%	Beat	36	1 0 30d	+33.3%
Dec 31, 2018Dec 18 Reported Jan 17, 2019Reported Jan 17	$0.03	$0.02	-	+50.00%	Beat	37	4 0 30d	-25.0%
Sep 30, 2018Sep 18 Reported Oct 16, 2018Reported Oct 16	$0.09	$0.07	-	+28.57%	Beat	39	No revisions (30d)	+200.0%
Jun 30, 2018Jun 18 Reported Jul 16, 2018Reported Jul 16	$0.09	$0.08	-	+12.50%	Beat	41	1 0 30d	+350.0%
Mar 31, 2018Mar 18 Reported Apr 16, 2018Reported Apr 16	$0.06	$0.06	-	+0.00%	Beat	39	3 0 30d	+50.0%
Dec 31, 2017Dec 17 Reported Jan 22, 2018Reported Jan 22	$0.04	$0.04	-	+0.00%	Beat	38	1 0 30d	+100.0%
Sep 30, 2017Sep 17 Reported Oct 16, 2017Reported Oct 16	$0.03	$0.03	-	+0.00%	Beat	36	6 0 30d	-
Jun 30, 2017Jun 17 Reported Jul 17, 2017Reported Jul 17	$0.02	$0.02	-	+0.00%	Beat	35	7 0 30d	-
Mar 31, 2017Mar 17 Reported Apr 17, 2017Reported Apr 17	$0.04	$0.04	-	+0.00%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Jan 18, 2017Reported Jan 18	$0.02	$0.01	-	+100.00%	Beat	-	-	-

Key Metrics

Valuation
P/E Ratio	22.83	EV/EBITDA	8.84x
Price/FCF	27.28x	FCF Yield	3.67%
Profitability
Profit Margin	28.20%	Operating Margin	33.40%
ROE	49.50%	ROIC	32.28%
Financial Health
Debt/Equity	0.47x	Interest Coverage	20.46x
Current Ratio	1.14x	Quick Ratio	1.14x
Trading Statistics
Beta	1.61	Avg Volume	37.62M
52-Week High	$124.86	52-Week Low	$65.08

Technical Indicators Dashboard

Moving Averages

SMA 10$69.91

SMA 20$70.38

SMA 50$75.15

SMA 200$83.00

EMA 10$70.70

EMA 20$71.38

EMA 50$73.70

EMA 200$83.41

MACD

Line: -1.20Signal: -1.72Hist: 0.52

ADX

ADX: 21.5+DI: 27.6-DI: 29.0

Aroon & PSAR

Aroon Up8.0

Aroon Down68.0

PSAR$67.46

Bollinger Bands

Upper Band$73.78

Lower Band$66.98

%B Position966%(Upper)

Band Width0.83

RSI (14-Day)

Neutral

52.0

Momentum Oscillators

Stoch %K78.7

Stoch %D71.2

Williams %R-7.0

ROC (10d)7.0%

Momentum4.76

CCI (20d)99.0

MFI (14d)42.2

Volatility Measures

ATR (14d)$1.82(2.5%)

StdDev (20d)1.70

Hist Vol31.3%(Moderate)

Volume Flow

VWAP$72.34

OBV-947.4M

AD Line-45.6B

CMF (20d)-0.024

Volume Metrics

Avg Vol (20d)38.7M

Vol Ratio1.0x

VWMA (20d)$70.48

Pivot Points

R3$73.32

R2$72.29

R1$71.43

Pivot Point$70.40

S1$69.54

S2$68.51

S3$67.65

Advanced Oscillators

TSI-14.51

Ultimate Osc52.9

KST-94.44

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$12.56B	$12.25B	$12.05B	$11.51B	$11.08B	$10.54B	$10.25B	$9.82B	$9.56B	$9.37B	$8.83B	$8.54B
Cost of Revenue	$6.04B	$5.89B	$6.52B	$6.16B	$5.33B	$5.26B	$5.77B	$5.12B	$5.17B	$4.98B	$5.31B	$4.93B
Gross Profit	$6.52B	$6.36B	$5.53B	$5.35B	$5.75B	$5.28B	$4.48B	$4.70B	$4.39B	$4.39B	$3.53B	$3.61B

Operating Expenses	$2.33B	$2.40B	$2.57B	$2.10B	$1.98B	$1.93B	$2.21B	$1.80B	$1.78B	$1.76B	$2.03B	$1.69B
R&D	$1.01B	$959.70M	$890.30M	$853.58M	$824.68M	$822.82M	$776.50M	$735.06M	$711.25M	$702.47M	$673.34M	$657.16M
SG&A	$498.85M	$602.61M	$567.80M	$457.93M	$441.21M	$421.46M	$453.67M	$417.35M	$426.99M	$404.02M	$439.27M	$478.59M
Operating Income	$4.19B	$3.96B	$2.96B	$3.25B	$3.77B	$3.35B	$2.27B	$2.91B	$2.60B	$2.63B	$1.50B	$1.92B

Interest Income	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Interest Expense	$175.69M	$262.08M	$234.40M	$175.29M	$182.65M	$184.17M	$192.60M	$184.83M	$167.99M	$173.31M	$175.21M	$175.56M
Income Before Tax	$4.07B	$6.55B	$2.77B	$3.11B	$3.63B	$3.21B	$2.13B	$2.70B	$2.51B	$2.61B	$1.15B	$1.91B
Income Tax Expense	$667.17M	$1.26B	$349.22M	$562.49M	$506.26M	$323.38M	$265.66M	$339.44M	$366.55M	$282.37M	$210.31M	$231.63M

Net Income	$3.40B	$5.28B	$2.42B	$2.55B	$3.13B	$2.89B	$1.87B	$2.36B	$2.15B	$2.33B	$937.84M	$1.68B

EBITDA	$8.66B	$11.13B	$7.85B	$7.37B	$7.73B	$7.30B	$6.57B	$6.67B	$6.53B	$6.55B	$5.16B	$5.75B
EBIT	$4.24B	$6.81B	$3.00B	$3.28B	$3.81B	$3.40B	$2.33B	$2.89B	$2.68B	$2.79B	$1.32B	$2.08B

* Some calculated fields are derived from available data when not provided by source

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NFLX Valuation and Fair Value

P/E: 22.8x
Forward P/E: 18.7x
EV/EBITDA: 8.8x
P/FCF: 27.3x
PEG: 1.2x
P/B: 10.1x

See GNG's fair value

NFLX Profitability: Margins, ROIC and FCF

Gross margin: 49.1%
Operating margin: 33.4%
Net margin: 28.2%
ROIC: 32.3%
ROE: 49.5%
FCF margin: 23.1%
FCF yield: 3.7%

NFLX Competitors

Company	Ticker
Meta Platforms Inc.	META
Walt Disney Company	DIS
Alphabet Inc Class C	GOOG
Verizon Communications Inc	VZ
Alphabet Inc Class A	GOOGL
T-Mobile US Inc	TMUS
AT&T Inc.	T
Spotify Technology SA	SPOT

Sector: Communication Services

NFLX Analyst Ratings

Consensus: Buy
Analysts: 51
Strong Buy: 7
Buy: 28
Hold: 15
Sell: 1
Strong Sell: 0

NFLX Bull Case vs Bear Case

Bull case

NFLX earns a 32.3% return on invested capital.
NFLX converts 23.1% of revenue into free cash flow.
NFLX has a 28.2% net profit margin.

NFLX Earnings: Beat Rate and Next Report

Beat rate: 6 of 8 quarters (75.0%)
Average surprise: 0.8%
EPS estimate (fiscal period ending Sep 30, 2026): $0.82
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 3 up, 2 down

Frequently Asked Questions About NFLX

Does NFLX pay dividends?

Netflix Inc (NFLX) does not currently pay a regular dividend.

What is NFLX's P/E ratio?

Netflix Inc has a price-to-earnings (P/E) ratio of 22.83.

What is NFLX's market cap?

Netflix Inc (NFLX) has a market capitalization of $293.85B with a current stock price of $72.61.

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