Company / Operating Income
Netflix Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$13.3B
FY2025
5-year range
$2.6B / $13.3B
FY2021-FY2025
Trend
+27.9%
vs FY2024
Sector context
#8 of 68
Communication Services
What the data says
Netflix's operating income of $13.3B is higher than 88% of companies in the Communication Services sector (FY2025). Operating Income has increased for 7 consecutive years, from $380M in FY2018 to $13.3B in FY2025.
Based on SEC 10-K filings.
$13.3B in FY2025 with a 5-year CAGR of +52.7%. Top quartile in the Communication Services sector.
Improved from $7.0B to $13.3B over the past 2 years.
Communication Services sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +42.7%
- 5-Year CAGR
- +52.7%
- 10-Year CAGR
- -
Sector benchmark
+165.5% above sector average
Key checks
Key Insights
- Netflix's operating income has grown for 7 consecutive years.
- 5-year CAGR of +52.7%, indicating consistent growth.
- In FY2025, operating income increased 27.9% year-over-year.
- Ranks #8 out of 68 companies in the Communication Services sector.
Company context
Key Data Points
- Strong profit margin: 24.3%
- Strong return on equity: 42.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $13.3B | +27.9% |
| FY2024 | $10.4B | +49.8% |
| FY2023 | $7.0B | +51.7% |
| FY2022 | $4.6B | +76.1% |
| FY2021 | $2.6B | +62.2% |
| FY2020 | $1.6B | +91.4% |
| FY2019 | $838.7M | +120.8% |
| FY2018 | $379.8M | -54.7% |
| FY2017 | $838.7M | +108.3% |
| FY2016 | $402.6M | +31.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026