Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: +16.0% EPS YoY: +103.3% Move: +0.12%

Netflix Inc

NFLX

$93.43 0.12%

Exchange NASDAQ Sector Communication Services Industry Entertainment

Q4 2024

Published: Jan 27, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for NFLX

Reported

Report Date

Jan 27, 2025

Quarter Q4 2024

Revenue

10.25B

YoY: +16.0%

EPS

4.27

YoY: +103.3%

Market Move

+0.12%

Previous quarter: Q3 2024

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

Revenue of $10.25B up 16% year-over-year
EPS of $4.27 increased by 103.3% from previous year
Gross margin of 43.7%
Net income of 1.87B
""No meaningful delays in the delivery of the projects and no meaningful impact to the cash in '25..."" - Ted Sarandos

NFLX

Netflix Inc

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Mar 28, 2026

Swipe to view all report sections

Executive Summary

In Q4 2024, Netflix Inc (NFLX) reported a surge in revenue to $10.25 billion, marking a 16% increase year-over-year. This growth was propelled by a significant addition of 19 million subscribers across its global streaming platform. Key management remarked on the broad engagement across multiple content genres, highlighting strong retention rates post-high-profile events such as live NFL games and the premiere of popular series like 'Squid Game Season 2'. While the company faced challenges from inflationary pressures and currency fluctuations, its robust content slate and evolving advertising strategy position it competitively in the rapidly changing media landscape. The executives' optimism around subscriber growth and ad revenue signifies a promising trajectory for 2025 and beyond.

Key Performance Indicators

Revenue

Increasing

10.25B

QoQ: 4.29% | YoY: 16.00%

Gross Profit

Increasing

4.48B

43.71% margin

QoQ: -4.80% | YoY: 27.06%

Operating Income

Increasing

2.27B

QoQ: -21.88% | YoY: 51.91%

Net Income

Increasing

1.87B

QoQ: -20.94% | YoY: 99.25%

EPS

Increasing

4.37

QoQ: -20.83% | YoY: 103.26%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: $10.25 billion (YoY: +16.0%, QoQ: +4.29%)
Net Income: $1.87 billion (YoY: +99.25%, QoQ: -20.94%)
EPS: $4.37 (YoY: +103.26%, QoQ: -20.83%)
Operating Income: $2.27 billion (YoY: +51.91%, QoQ: -21.88%)
Gross Profit Margin: 43.71%
Operating Margin: 22.18%
Operating Cash Flow: $1.54 billion
Despite a minor QoQ decline in both net income and EPS, overall performance reflects the impact of strong content offerings and increased subscriber engagement.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	10.25B	16.00%	4.29%
Gross Profit	4.48B	27.06%	-4.80%
Operating Income	2.27B	51.91%	-21.88%
Net Income	1.87B	99.25%	-20.94%
EPS	4.37	103.26%	-20.83%

Key Financial Ratios

Gross Profit Margin

Good

43.70%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Good

22.20%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

18.20%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Fair

3.48%

Return on assets is acceptable but below top-tier companies

Return on Equity

Fair

7.55%

Return on equity is acceptable but below top-tier companies

Current Ratio

Adequate

1.22

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Elevated

0.63

Debt-to-equity shows significant leverage, monitor debt levels

P/E Ratio

High Growth

51.00x

Very high P/E indicates aggressive growth expectations, higher risk

Price to Book

High Premium

15.41x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2025	10,542.80	6.61	+12.4%	View
Q4 2024	10,246.51	4.27	+16.0%	View
Q3 2024	9,824.70	5.40	+15.0%	View
Q2 2024	9,526.01	4.88	+16.4%	View
Q1 2024	9,381.68	5.28	+15.0%	View

Netflix Inc (NFLX) Q4 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

More NFLX Quarterly Reports

NFLX

NFLX

NFLX

NFLX

Q4 2024 Reports in Communication Services Sector

Related Financial Data

Sector Analysis: Communication Services

NFLX Full Profile

NFLX Financial Statements

Earnings Calendar