Netflix Inc (NFLX)
Gross profit margin
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 9,241,870 | 8,820,970 | 8,233,850 |
| Revenue (ttm) | US$ in thousands | 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 | 23,819,050 | 22,628,310 | 21,403,140 |
| Gross profit margin | 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% | 38.80% | 38.98% | 38.47% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $17,962,510K ÷ $39,000,950K
= 46.06%
Netflix Inc's gross profit margin has shown a slightly increasing trend over the past few years, starting at around 38.47% in March 2020 and reaching 46.06% by December 2024. There have been fluctuations in the gross profit margin over the quarters, with some periods showing higher margins than others. Notably, there was a significant increase in the margin from March 2023 to December 2024, indicating an improvement in the company's efficiency in generating revenue from its core operations. Overall, the increasing trend in Netflix's gross profit margin suggests that the company has been effectively managing its costs and pricing strategies to enhance profitability.