TTM
28.5%
YoY change
+1.97pp
Trough year (2000)
-162.4%
Peak year (2025)
24.3%
Latest annual
24.3%
Net Profit Margin history chart for Netflix (NFLX) from 2000 to 2025
Latest: 24.3%
Net Profit Margin change chart for Netflix (NFLX) from 2000 to 2025
Latest: +1.97pp
Net Profit Margin history table for Netflix (NFLX) from 2000 to 2025
| 2025 | 24.3% | +1.97pp | ||
| 2024 | 22.3% | +6.30pp | ||
| 2023 | 16.0% | +1.83pp | ||
| 2022 | 14.2% | -3.02pp | ||
| 2021 | 17.2% | +6.18pp | ||
| 2020 | 11.0% | +1.79pp | ||
| 2019 | 9.3% | +1.59pp | ||
| 2018 | 7.7% | +2.89pp | ||
| 2017 | 4.8% | +2.67pp | ||
| 2016 | 2.1% | +0.30pp | ||
| 2015 | 1.8% | -3.04pp | ||
| 2014 | 4.8% | +2.28pp | ||
| 2013 | 2.6% | +2.09pp | ||
| 2012 | 0.5% | -6.58pp | ||
| 2011 | 7.1% | -0.38pp | ||
| 2010 | 7.4% | +0.50pp | ||
| 2009 | 6.9% | +0.85pp | ||
| 2008 | 6.1% | +0.53pp | ||
| 2007 | 5.6% | +0.63pp | ||
| 2006 | 4.9% | -1.24pp | ||
| 2005 | 6.2% | +1.89pp | ||
| 2004 | 4.3% | +1.87pp | ||
| 2003 | 2.4% | +16.75pp | ||
| 2002 | -14.4% | +36.51pp | ||
| 2001 | -50.9% | +111.48pp | ||
| 2000 | -162.4% | — |
- 202524.3%+1.97pp
- 202422.3%+6.30pp
- 202316.0%+1.83pp
- 202214.2%-3.02pp
- 202117.2%+6.18pp
- 202011.0%+1.79pp
- 20199.3%+1.59pp
- 20187.7%+2.89pp
- 20174.8%+2.67pp
- 20162.1%+0.30pp
- 20151.8%-3.04pp
- 20144.8%+2.28pp
- 20132.6%+2.09pp
- 20120.5%-6.58pp
- 20117.1%-0.38pp
- 20107.4%+0.50pp
- 20096.9%+0.85pp
- 20086.1%+0.53pp
- 20075.6%+0.63pp
- 20064.9%-1.24pp
- 20056.2%+1.89pp
- 20044.3%+1.87pp
- 20032.4%+16.75pp
- 2002-14.4%+36.51pp
- 2001-50.9%+111.48pp
- 2000-162.4%—
Net Profit Margin values are taken from Netflix's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Netflix (NFLX)
According to Netflix's latest reported financial statements, the company's latest reported net margin is 28.5%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Netflix (NFLX) most recent annual net margin stands at 24.30% (2025) – expanded 2.0 percentage points year-over-year.
24.30% stands as the all-time-high annual net margin, posted in 2025, against a low of -162.35% during 2000.
Netflix Net Profit Margin by Year
Netflix Net Profit Margin 2025: 24.3%
In 2025, Netflix reported net margin of 24.30%, expanded 2.0 percentage points from 2024. This figure represents the highest annual value in the available history.
Netflix Net Profit Margin 2024: 22.3%
Netflix net margin in 2024 was 22.34%, expanded 6.3 percentage points from 2023.
Netflix Net Profit Margin 2023: 16.0%
2023's net margin for Netflix came in at 16.04%, expanded 1.8 percentage points from 2022.
Netflix Net Profit Margin 2022: 14.2%
Netflix posted net margin of 14.21% in 2022, contracted 3.0 percentage points from 2021.
Netflix Net Profit Margin 2021: 17.2%
Netflix net margin in 2021 was 17.23%.
See more financial history for Netflix (NFLX).
Sector peers by Net Profit Margin
Communication Services peers of Netflix (NFLX), ranked by their latest net margin
| 37.9% | |
| 32.8% | |
| 16.9% | |
| 15.6% | |
| 15.0% | |
| 12.5% | |
| 11.6% | |
| 11.5% |
- 37.9%
- 32.8%
- 16.9%
- 15.6%
- 15.0%
- 12.5%
- 11.6%
- 11.5%
Frequently asked questions
Netflix (NFLX) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation