Optional product analytics
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Netflix, Inc.'s published Reduce conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $325.8B | |
|---|---|---|
| Revenue (ttm) | 49.7B | |
| Net income (ttm) | 14.8B | |
| EPS (ttm) | $3.45 | |
| Shares out | 4.1B | |
| P/E (trailing) | 17.9x | |
| P/E (forward) | 21.6x | |
| Volume | 35,518,082 | |
| Beta | 1.61 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $29.70B | $31.62B | $33.72B | $39.00B | $45.18B | +11.1% |
| Gross profit | $12.37B | $12.45B | $14.01B | $17.96B | $21.91B | +15.4% |
| Operating income | $6.19B | $5.63B | $6.95B | $10.42B | $13.33B | +21.1% |
| Net income | $5.12B | $4.49B | $5.41B | $8.71B | $10.98B | +21.0% |
| EPS (diluted) | $1.12 | $1.00 | $1.20 | $1.98 | $2.53 | +22.5% |
| EBITDA | $19.04B | $20.33B | $21.51B | $24.88B | $30.25B | +12.3% |
| R&D | $2.27B | $2.71B | $2.68B | $2.93B | $3.39B | +10.5% |
| SG&A | $1.35B | $1.57B | $1.72B | $1.70B | $1.89B | +8.7% |
Recent company headlines from major financial publishers.
The base path holds while revenue fades gradually and margins remain resilient. An early move to mature growth or a sustained margin breach would disconfirm it.
The bull path requires audience scale to improve partner economics and added formats to produce profitable engagement. Stable margins and positive cash would confirm persistence.
| Ke ↓ / g → | 2.0% | 2.5% | 3.0% | 3.5% | 4.0% |
|---|---|---|---|---|---|
| 8.1% | $70.9 | $72.9 | $75.2 | $78.0 | $81.5 |
| 9.1% | $65.7 | $67.0 | $68.5 | $70.4 | $72.6 |
| 10.1% | $61.5 | $62.5 | $63.9 | $64.8 | $66.3 |
| 11.1% | $58.2 | $58.9 | $59.7 | $60.6 | $61.7 |
| 12.1% | $55.5 | $56.0 | $56.6 | $57.3 | $58.0 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
