Netflix Financial Statements From 2010 to 2024

NFLX Stock  USD 555.12  22.63  3.92%   
Netflix financial statements provide useful quarterly and yearly information to potential Netflix investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Netflix financial statements helps investors assess Netflix's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Netflix's valuation are summarized below:
Gross Profit
12.4 B
Profit Margin
0.1842
Market Capitalization
239.2 B
Enterprise Value Revenue
8.212
Revenue
34.9 B
We have found one hundred twenty available fundamental ratios for Netflix, which can be analyzed and compared to other ratios and to its peers in the industry. All investors should make sure to check all of Netflix last-minute market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 252.3 B in 2024. Enterprise Value is likely to rise to about 116.3 B in 2024

Netflix Total Revenue

35.41 Billion

Check Netflix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Netflix main balance sheet or income statement drivers, such as Interest Expense of 734.8 M, Selling General Administrative of 1.8 B or Selling And Marketing Expenses of 2.8 B, as well as many exotic indicators such as Price To Sales Ratio of 3.45, Dividend Yield of 0.0673 or PTB Ratio of 9.89. Netflix financial statements analysis is a perfect complement when working with Netflix Valuation or Volatility modules.
  
This module can also supplement various Netflix Technical models . Check out the analysis of Netflix Correlation against competitors.
For more information on how to buy Netflix Stock please use our How to Invest in Netflix guide.

Netflix Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets51.2 B48.7 B23.6 B
Slightly volatile
Short and Long Term Debt Total15.3 B14.5 B7.7 B
Slightly volatile
Other Current Liabilities6.6 B6.3 B3.7 B
Slightly volatile
Total Current Liabilities9.3 B8.9 B5.1 B
Slightly volatile
Other Liabilities6.7 B6.4 B3.2 B
Slightly volatile
Accounts Payable784.8 M747.4 M485.2 M
Slightly volatile
Cash7.5 B7.1 B3.4 B
Slightly volatile
Other Assets2.8 B3.4 B4.2 B
Slightly volatile
Long Term Debt14.9 B14.1 B7.5 B
Slightly volatile
Cash And Short Term Investments7.5 B7.1 B3.7 B
Slightly volatile
Common Stock Shares Outstanding467.9 M449.5 M412.9 M
Slightly volatile
Liabilities And Stockholders Equity51.2 B48.7 B23.6 B
Slightly volatile
Non Current Liabilities Total20.2 B19.3 B10.8 B
Slightly volatile
Other Current Assets502.8 M529.3 M2.2 B
Very volatile
Total Liabilities29.6 B28.1 B15.9 B
Slightly volatile
Preferred Stock Total Equity112 M117.1 M103.5 M
Slightly volatile
Total Current Assets10.4 B9.9 B6.2 B
Slightly volatile
Cash And Equivalents6.2 B5.9 B3.3 B
Slightly volatile
Intangible Assets33.2 B31.7 B14.9 B
Slightly volatile
Common Stock5.4 B5.1 B2.2 B
Slightly volatile
Property Plant Equipment1.7 B1.6 B618.9 M
Slightly volatile
Property Plant And Equipment Net1.6 B1.5 B602 M
Slightly volatile
Current Deferred Revenue1.5 B1.4 B697.2 M
Slightly volatile
Non Current Assets Total40.8 B38.8 B17.4 B
Slightly volatile
Non Currrent Assets Other3.9 B3.7 B1.8 B
Slightly volatile
Common Stock Total Equity5.6 B5.3 B2.2 B
Slightly volatile
Property Plant And Equipment Gross2.8 B2.7 B898.6 M
Slightly volatile
Net ReceivablesB1.8 BB
Very volatile
Retained Earnings Total Equity20.7 B19.8 B6.2 B
Slightly volatile
Long Term Debt Total17.3 B16.5 B7.9 B
Slightly volatile
Non Current Liabilities Other3.4 B5.1 B3.2 B
Slightly volatile
Deferred Long Term Asset Charges18.4 M20.1 M17.6 M
Slightly volatile
Capital Surpluse1.3 B1.2 B946.7 M
Slightly volatile
Short and Long Term Debt436.8 M459.8 M1.3 B
Pretty Stable
Long Term Investments1.1 M1.2 M1.4 M
Slightly volatile
Net Invested Capital27.8 B35.1 B18.4 B
Slightly volatile
Capital Stock4.1 B5.1 BB
Slightly volatile
Inventory327.1 M368 M400.8 M
Slightly volatile

Netflix Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative1.8 B1.7 B774.5 M
Slightly volatile
Selling And Marketing Expenses2.8 B2.7 B1.5 B
Slightly volatile
Total Revenue35.4 B33.7 B15.7 B
Slightly volatile
Gross Profit14.7 B14 B6.1 B
Slightly volatile
Other Operating Expenses28.1 B26.8 B13.2 B
Slightly volatile
Research Development2.8 B2.7 B1.3 B
Slightly volatile
Cost Of Revenue20.7 B19.7 B9.6 B
Slightly volatile
Total Operating Expenses7.4 B7.1 B3.6 B
Slightly volatile
Depreciation And Amortization15.3 B14.6 B7.2 B
Slightly volatile
Net Income Applicable To Common Shares5.4 B5.2 B1.8 B
Slightly volatile
Net Income From Continuing Ops5.7 B5.4 B1.9 B
Slightly volatile
Non Recurring7.2 M8.1 M8.8 M
Slightly volatile
Interest Income353.4 M387.9 M275.4 M
Slightly volatile
Reconciled Depreciation11.9 B14.6 B8.8 B
Slightly volatile

Netflix Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures192.2 M348.6 M234.2 M
Slightly volatile
End Period Cash Flow7.5 B7.1 B3.4 B
Slightly volatile
Begin Period Cash Flow5.4 B5.2 B2.8 B
Slightly volatile
Depreciation15.3 B14.6 B7.1 B
Slightly volatile
Stock Based Compensation177.2 M339.4 M230.1 M
Slightly volatile
Issuance Of Capital Stock149 M170 M130.5 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.456.37525.3138
Slightly volatile
Dividend Yield0.06730.06220.0565
Pretty Stable
Days Sales Outstanding11.9719.937216.4217
Slightly volatile
Stock Based Compensation To Revenue0.00960.01010.0202
Slightly volatile
EV To Sales3.466.59545.4636
Slightly volatile
ROIC0.20.17250.1654
Slightly volatile
Payables Turnover27.726.378220.301
Slightly volatile
Research And Ddevelopement To Revenue0.110.07930.1116
Slightly volatile
Cash Per Share16.9716.16488.4255
Slightly volatile
Interest Coverage9.759.28946.0352
Very volatile
Payout Ratio1.490.980.9712
Very volatile
Days Payables Outstanding13.1513.837233.0439
Slightly volatile
ROE0.250.26270.2309
Pretty Stable
Intangibles To Total Assets0.680.64960.5248
Slightly volatile
Current Ratio1.691.11931.2833
Very volatile
Receivables Turnover30.0618.307423.4673
Slightly volatile
Graham Number11911341.0189
Slightly volatile
Revenue Per Share80.1976.371235.9965
Slightly volatile
Interest Debt Per Share36.3634.630618.8662
Slightly volatile
Debt To Assets0.170.29840.2532
Slightly volatile
Days Of Payables Outstanding13.1513.837233.0439
Slightly volatile
Dividend Payout Ratio1.490.980.9712
Very volatile
Ebt Per Ebit1.130.89240.8041
Pretty Stable
Quick Ratio1.221.01350.7346
Slightly volatile
Net Income Per E B T1.090.87150.854
Slightly volatile
Cash Ratio0.890.80320.5783
Slightly volatile
Days Of Sales Outstanding11.9719.937216.4217
Slightly volatile
Fixed Asset Turnover19.522.611228.292
Very volatile
Debt Ratio0.170.29840.2532
Slightly volatile
Price Sales Ratio3.456.37525.3138
Slightly volatile
Asset Turnover1.320.6920.7549
Very volatile
Gross Profit Margin0.40.41540.3538
Slightly volatile
Return On Equity0.250.26270.2309
Pretty Stable

Netflix Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap252.3 B240.3 B138.5 B
Slightly volatile
Enterprise Value116.3 B110.8 B84.2 B
Slightly volatile

Netflix Fundamental Market Drivers

Forward Price Earnings36.1011
Cash And Short Term Investments7.1 B

Netflix Upcoming Events

16th of April 2024
Upcoming Quarterly Report
View
17th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Netflix Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Netflix income statement, its balance sheet, and the statement of cash flows. Netflix investors use historical funamental indicators, such as Netflix's revenue or net income, to determine how well the company is positioned to perform in the future. Although Netflix investors may use each financial statement separately, they are all related. The changes in Netflix's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Netflix's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Netflix Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Netflix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.4 B1.5 B
Total Revenue33.7 B35.4 B
Cost Of Revenue19.7 B20.7 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.05  0.05 
Research And Ddevelopement To Revenue 0.08  0.11 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 76.37  80.19 
Ebit Per Revenue 0.21  0.22 

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When determining whether Netflix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Netflix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Netflix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Netflix Stock:
Check out the analysis of Netflix Correlation against competitors.
For more information on how to buy Netflix Stock please use our How to Invest in Netflix guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Netflix's price analysis, check to measure Netflix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Netflix is operating at the current time. Most of Netflix's value examination focuses on studying past and present price action to predict the probability of Netflix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netflix's price. Additionally, you may evaluate how the addition of Netflix to your portfolios can decrease your overall portfolio volatility.
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Is Netflix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Netflix. If investors know Netflix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Netflix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.833
Earnings Share
14.43
Revenue Per Share
79.703
Quarterly Revenue Growth
0.148
Return On Assets
0.1001
The market value of Netflix is measured differently than its book value, which is the value of Netflix that is recorded on the company's balance sheet. Investors also form their own opinion of Netflix's value that differs from its market value or its book value, called intrinsic value, which is Netflix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Netflix's market value can be influenced by many factors that don't directly affect Netflix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Netflix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Netflix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Netflix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.