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NETFLIX INC (NFLX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K/A
Revenues  31,615.629,697.824,996.120,156.415,794.311,692.78,830.76,779.5
            Revenues growth  6.5%18.8%24.0%27.6%35.1%32.4%30.3%23.2%
Cost of revenues  19,168.317,332.715,276.312,440.29,967.58,033.06,257.54,591.5
Marketing  2,530.52,545.12,228.42,652.52,369.5   
Technology and development  2,711.02,273.91,829.61,545.11,221.8953.7780.2650.8
General and administrative  1,572.91,351.61,076.5914.4630.3431.0315.7407.3
    Operating income  5,632.86,194.54,585.32,604.31,605.2838.7379.8305.8
            Operating margin  17.8%20.9%18.3%12.9%10.2%7.2%4.3%4.5%
   
Other income (expense):          
Interest expense  -706.2-765.6-767.5-626.0-420.5-238.2-150.1-132.7
Interest and other income (expense)  337.3411.2-618.484.041.7-115.230.8-31.2
    Income before income taxes  5,263.95,840.13,199.32,062.2    
Provision for income taxes  -772.0-723.9-438.0-195.3-15.273.6-73.8-19.2
    Net income  4,491.95,116.22,761.41,866.91,211.2558.9186.7122.6
   
Earnings per share:          
Basic (in USD per share)  $10.10$11.55$6.26$4.26$2.78$1.29$0.44$0.29
Diluted (in USD per share)  $9.95$11.24$6.08$4.13$2.68$1.25$0.43$0.28
   
Weighted-average common shares outstanding:          
Basic (in shares)  444.7443.2440.9437.8435.4431.9428.8425.9
Diluted (in shares)  451.3455.4454.2451.8451.2446.8438.7436.5

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