Netflix, Inc. (NFLX) FY2025 Annual P&L / Income Statement

Netflix, Inc. (NFLX) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Product and Service by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

45,183,036,000 US dollars

Cost of revenues

23,275,329,000 US dollars

Gross profit (calculated)

21,907,707,000 US dollars

Operating expenses (calculated)

8,581,104,000 US dollars

Operating income

13,326,603,000 US dollars

Other income (expense), net (calculated)

negative 604,051,000 US dollars

Income before income taxes

12,722,552,000 US dollars

Provision for income taxes

1,741,351,000 US dollars

Net income

10,981,201,000 US dollars

Streaming - United States and Canada (UCAN)

19,957,152,000 US dollars

Streaming - Asia-Pacific (APAC)

5,353,717,000 US dollars

Streaming - Latin America (LATAM)

5,357,521,000 US dollars

Streaming - Europe, Middle East, and Africa (EMEA)

14,514,646,000 US dollars

General and administrative

1,888,408,000 US dollars

Technology and development

3,391,390,000 US dollars

Sales and marketing

3,301,306,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.