Netflix Inc (NFLX)

Pretax margin

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 12,722,600 9,965,660 6,205,400 5,263,930 5,840,100
Revenue US$ in thousands 45,183,000 39,001,000 33,723,300 31,615,600 29,697,800
Pretax margin 28.16% 25.55% 18.40% 16.65% 19.67%

December 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $12,722,600K ÷ $45,183,000K
= 28.16%


Peer comparison

Dec 31, 2025

Company name
Symbol
Pretax margin
Netflix Inc
NFLX
28.16%
Walt Disney Company
DIS
12.71%
Warner Music Group
WMG
7.31%