Streams TV series and films to subscribers.
Sep 2026Revenue $49.7B/yrExpenses $34.2B/yr
No trend
Figures by year
Is Netflix profitable?
Yes. In the 12 months to Sep 2026, revenue was $49.7B and expenses $34.2B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $45.2B | $31.9B | $13.3B |
| Dec 2024 | $39.0B | $28.6B | $10.4B |
| Dec 2023 | $33.7B | $26.8B | $6.95B |
| Dec 2022 | $31.6B | $26.0B | $5.63B |
| Dec 2021 | $29.7B | $23.5B | $6.19B |
| Dec 2020 | $25.0B | $20.4B | $4.59B |
| Dec 2019 | $20.2B | $17.6B | $2.60B |
| Dec 2018 | $15.8B | $14.2B | $1.61B |
| Dec 2017 | $11.7B | $10.9B | $839M |
| Dec 2016 | $8.83B | $8.45B | $380M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.