Netflix Gross Profit 2010-2023 | NFLX (2024)

Netflix annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.

  • Netflix gross profit for the quarter ending December 31, 2023 was $3.525B, a 44.02% increase year-over-year.
  • Netflix gross profit for the twelve months ending December 31, 2023 was $14.008B, a 12.54% increase year-over-year.
  • Netflix annual gross profit for 2023 was $14.008B, a 12.54% increase from 2022.
  • Netflix annual gross profit for 2022 was $12.447B, a 0.66% increase from 2021.
  • Netflix annual gross profit for 2021 was $12.365B, a 27.22% increase from 2020.

Netflix Annual Gross Profit
(Millions of US $)
2023$14,008
2022$12,447
2021$12,365
2020$9,720
2019$7,716
2018$5,827
2017$3,660
2016$2,573
2015$2,188
2014$1,752
2013$1,257
2012$957
2011$1,165
2010$805
2009$591
Netflix Quarterly Gross Profit
(Millions of US $)
2023-12-31$3,525
2023-09-30$3,611
2023-06-30$3,514
2023-03-31$3,358
2022-12-31$2,448
2022-09-30$3,137
2022-06-30$3,279
2022-03-31$3,583
2021-12-31$2,470
2021-09-30$3,277
2021-06-30$3,324
2021-03-31$3,295
2020-12-31$2,479
2020-09-30$2,568
2020-06-30$2,505
2020-03-31$2,168
2019-12-31$2,001
2019-09-30$2,147
2019-06-30$1,917
2019-03-31$1,650
2018-12-31$1,453
2018-09-30$1,468
2018-06-30$1,505
2018-03-31$1,400
2017-12-31$805
2017-09-30$992
2017-06-30$883
2017-03-31$980
2016-12-31$596
2016-09-30$757
2016-06-30$632
2016-03-31$588
2015-12-31$574
2015-09-30$564
2015-06-30$523
2015-03-31$527
2014-12-31$470
2014-09-30$455
2014-06-30$426
2014-03-31$401
2013-12-31$355
2013-09-30$307
2013-06-30$309
2013-03-31$287
2012-12-31$223
2012-09-30$242
2012-06-30$246
2012-03-31$246
2011-12-31$300
2011-09-30$285
2011-06-30$299
2011-03-31$280
2010-12-31$205
2010-09-30$209
2010-06-30$205
2010-03-31$187
2009-12-31$169
2009-09-30$148
2009-06-30$139
2009-03-31$135
SectorIndustryMarket CapRevenue
Consumer DiscretionaryBroadcasting - Radio & TV$269.536B$33.723B
Netflix is considered a pioneer in the streaming space. The company evolved from a small DVD-rental provider to a dominant streaming service provider, courtesy of its wide-ranging content portfolio and a fortified international footprint. Netflix has been spending aggressively on building its original show portfolio. This is helping it sustain its leading position despite the launch of new services like Disney and Apple TV as well as the existing services like Amazon prime video.Netflix streams movies, television shows and documentaries across a wide variety of genres and languages. Subscribers, both domestic and international, can watch them on a host of internet-connected devices, including television sets, computers and mobile devices. In the Domestic DVD segment, Netflix delivers DVDs through the U.S. postal service from distribution centers located in major U.S. cities.
Stock NameCountryMarket CapPE Ratio
Warner Bros Discovery (WBD)United States$20.347B0.00
Fox (FOXA)United States$14.289B9.26
Fox (FOX)United States$13.135B8.51
Sirius XM Holdings (SIRI)United States$12.347B10.03
Roku (ROKU)United States$8.597B0.00
Liberty Global (LBTYK)United Kingdom$6.535B0.00
Nexstar Media (NXST)United States$5.341B16.59
ITV (ITVPY)United Kingdom$3.566B0.00
TEGNA (TGNA)United States$2.395B7.86
Grupo Televisa S.A (TV)Mexico$1.789B0.00
Gray Television (GTN.A)United States$0.685B0.00
Gray Television (GTN)United States$0.540B0.00
AMC Networks (AMCX)United States$0.461B1.47
FuboTV (FUBO)United States$0.434B0.00
IHeartMedia (IHRT)United States$0.316B0.00
E.W Scripps (SSP)United States$0.271B0.00
Townsquare Media (TSQ)United States$0.205B11.61
Entravision Communications (EVC)United States$0.184B0.00
Television Broadcasts (TVBCY)Hong Kong, SAR China$0.180B0.00
Saga Communications (SGA)United States$0.137B14.35
Radio One (UONE)United States$0.109B0.93
Corus Entertainment (CJREF)Canada$0.092B2.71
Radio One (UONEK)United States$0.090B0.77
Gaia (GAIA)United States$0.085B0.00
Cumulus Media (CMLS)United States$0.052B0.00
Phoenix New Media (FENG)China$0.025B0.00
Beasley Broadcast (BBGI)United States$0.022B0.00
Chicken Soup For The Soul Entertainment (CSSE)United States$0.005B0.00
Anghami (ANGH)$0.000B0.00
Netflix Gross Profit 2010-2023 | NFLX (2024)

FAQs

What is Netflix's gross profit per year? ›

Netflix gross profit for the twelve months ending March 31, 2024 was $15.043B, a 23.08% increase year-over-year. Netflix annual gross profit for 2023 was $14.008B, a 12.54% increase from 2022. Netflix annual gross profit for 2022 was $12.447B, a 0.66% increase from 2021.

How much money did Netflix make in 2011? ›

Compare NFLX With Other Stocks
Netflix Annual Revenue (Millions of US $)
2014$5,505
2013$4,375
2012$3,609
2011$3,205
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How much money did Netflix make in 2008? ›

Annual revenue
YearRevenueChange
2008$1.36 B13.22%
2007$1.20 B20.94%
2006$0.99 B46.9%
2005$0.67 B34.02%
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Does Netflix have a good gross profit margin? ›

Therefore, Netflix's Gross Margin % for the quarter that ended in Mar. 2024 was 46.89%. During the past 13 years, the highest Gross Margin % of Netflix was 43.07%. The lowest was 29.14%.

Has Netflix made a profit yet? ›

Key Facts. Netflix's $9.4 billion in first-quarter revenues and $5.28 profit per share were comfortably above consensus analyst estimates, with Netflix's top and bottom line marks both the best in its history.

How much revenue does Netflix generate per year? ›

Netflix's Annual Revenue in US Dollars
YearAnnual Revenue ($US Dollars)
2021$29.69 billion
2020$24.99 billion
2019$20.15 billion
2018$15.79 billion
19 more rows
Apr 19, 2024

How much was Netflix worth in 2010? ›

End of year Market Cap
YearMarket capChange
2010$9.27 B215%
2009$2.94 B67.33%
2008$1.75 B1.82%
2007$1.72 B-2.61%
19 more rows

Why did Netflix lose money in 2012? ›

Netflix (NFLX) warned in its last earnings report that it expects to be unprofitable "for a few quarters" starting at the beginning of 2012. The primary culprit is Netflix's pricey plan to expand its streaming video service into the United Kingdom and Ireland, but a wave of subscribers jumping ship hasn't helped.

What year did Netflix become profitable? ›

Netflix posted its first profit in 2003, earning $6.5 million on revenues of $272 million; by 2004, profit had increased to $49 million on over $500 million in revenues.

How much did Netflix make in 2007? ›

In 2007, Netflix grew its total revenue to $1.25 billion from $996.7 million in 2006.

Is Netflix in debt? ›

What Is Netflix's Debt? As you can see below, Netflix had US$14.5b of debt, at December 2023, which is about the same as the year before. You can click the chart for greater detail. However, it does have US$7.14b in cash offsetting this, leading to net debt of about US$7.41b.

Does Netflix operate at a profit? ›

Netflix's profit compared to other DTC businesses

In 2023, the operating profit of Netflix amounted to around seven billion U.S. dollars, while Paramount, for example, reported DTC losses of nearly two billion U.S. dollars that year. Disney's losses exceeded two billion U.S. dollars.

Does Netflix make a lot of money? ›

Firstly, as seen in the statistic, Netflix's annual revenue has consistently increased over the years, reaching the highest figure to date in 2023 – 33.7 billion U.S. dollars. This figure is around 10 times higher than Netflix's annual revenue a decade ago.

What was Netflix net profit margin in 2018? ›

Compare NFLX With Other Stocks
Netflix Net Profit Margin Historical Data
DateTTM RevenueNet Margin
2019-03-31$16.61B7.61%
2018-12-31$15.79B7.67%
2018-09-30$14.89B8.48%
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What is the annual net profit of Netflix? ›

Netflix net income for the twelve months ending March 31, 2024 was $6.435B, a 53.23% increase year-over-year. Netflix annual net income for 2023 was $5.408B, a 20.39% increase from 2022. Netflix annual net income for 2022 was $4.492B, a 12.2% decline from 2021.

What is the operating profit margin of Netflix? ›

Current and historical operating margin for Netflix (NFLX) over the last 10 years. The current operating profit margin for Netflix as of March 31, 2024 is 18.42%. Netflix is considered a pioneer in the streaming space.

What is Netflix's net worth in 2024? ›

Netflix has a market cap or net worth of $280.39 billion as of May 21, 2024. Its market cap has increased by 82.95% in one year.

How much does Netflix cost in 2024? ›

Netflix Prices in 2024

Additional tiers include $15.49 for Standard service, which includes 2 screens, and $22.99 for Premium, which includes 4 screens as well as upgraded HDR/4K resolution.

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