Netflix revenue
Netflix's revenue was $45.18bn in fiscal 2025, up 15.9% on the year before. Since fiscal 2009 ($1.67bn) it has grown at a compound 22.9% a year. Over the last twelve months it was $49.73bn.
Revenue history
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.7 | 2.2 | 3.2 | 3.6 | 4.4 | 5.5 | 6.8 | 8.8 | 11.7 | 15.8 | 20.2 | 25.0 | 29.7 | 31.6 | 33.7 | 39.0 | 45.2 | 49.7 |
| Growth on the year before | — | +29.5% | +48.2% | +12.6% | +21.2% | +25.8% | +23.2% | +30.3% | +32.4% | +35.1% | +27.6% | +24.0% | +18.8% | +6.5% | +6.7% | +15.6% | +15.9% | — |
| Gross profit | 0.6 | 0.8 | 1.2 | 1.0 | 1.3 | 1.8 | 2.2 | 2.6 | 3.7 | 5.8 | 7.7 | 9.7 | 12.4 | 12.4 | 14.0 | 18.0 | 21.9 | 25.2 |
| Gross margin | 35.4% | 37.2% | 36.3% | 26.5% | 28.7% | 31.8% | 32.3% | 29.1% | 31.3% | 36.9% | 38.3% | 38.9% | 41.6% | 39.4% | 41.5% | 46.1% | 48.5% | 50.7% |
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Netflix | $49.73bn | 14.7% | 15.0% |
| Live Nation Entertainment | $26.27bn | 10.8% | 11.0% |
| The Walt Disney Company | $98.86bn | 4.6% | 4.0% |
| Warner Music Group Corp. | $7.30bn | 12.9% | 7.1% |
| Roku, Inc | $5.50bn | 21.1% | 17.8% |
| TKO Group Holdings | $5.30bn | 5.1% | 63.0% |
Compare with peers
- Live Nation Entertainment revenue
- The Walt Disney Company revenue
- Warner Music Group Corp. revenue
- Roku, Inc revenue
- TKO Group Holdings revenue
Head to head: LYV vs NFLXDIS vs NFLXNFLX vs WMG
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