Netflix Inc (NFLX)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 11,747,420 | 11,682,630 | 10,564,810 | 9,965,660 | 8,979,540 | 8,185,640 | 7,351,110 | 6,205,400 | 5,096,586 | 4,809,386 | 4,753,106 | 5,263,926 | 5,775,443 | 5,814,553 | 5,785,293 | 5,840,103 | 5,795,667 | 4,996,167 | 4,437,977 | 3,199,347 |
| 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 |
| Pretax margin | 26.75% | 28.02% | 26.30% | 25.55% | 23.89% | 22.55% | 21.04% | 18.40% | 15.57% | 14.97% | 14.90% | 16.65% | 18.35% | 18.74% | 19.03% | 19.67% | 20.24% | 18.11% | 16.82% | 12.80% |
September 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $11,747,420K ÷ $43,919,300K
= 26.75%
Peer comparison
Sep 30, 2025
Company name
Symbol
Pretax margin
Netflix Inc
NFLX
26.75%
Walt Disney Company
DIS
12.71%
Warner Music Group
WMG
7.31%