Netflix Inc (NFLX)

Gross profit margin

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020
Gross profit (ttm) US$ in thousands 21,040,800 20,217,480 18,848,790 17,962,510 17,008,700 15,914,760 15,043,420 14,007,930 12,930,480 12,456,520 12,222,080 12,447,260 12,469,110 12,609,070 12,653,450 12,365,160 12,374,700 11,665,710 10,846,520 9,719,740
Revenue (ttm) US$ in thousands 43,919,300 41,693,200 40,173,310 39,000,950 37,587,270 36,304,240 34,932,230 33,723,290 32,742,520 32,126,440 31,909,280 31,615,550 31,472,820 31,030,700 30,402,340 29,697,850 28,632,970 27,585,140 26,391,650 24,996,060
Gross profit margin 47.91% 48.49% 46.92% 46.06% 45.25% 43.84% 43.06% 41.54% 39.49% 38.77% 38.30% 39.37% 39.62% 40.63% 41.62% 41.64% 43.22% 42.29% 41.10% 38.89%

September 30, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $21,040,800K ÷ $43,919,300K
= 47.91%


Peer comparison

Sep 30, 2025

Company name
Symbol
Gross profit margin
Netflix Inc
NFLX
47.91%
Walt Disney Company
DIS
37.76%
Warner Music Group
WMG
45.85%

See also:

Netflix Inc Gross Profit Margin (Quarterly Data)