Netflix (NFLX) stock price, revenue, and financials
Netflix market cap is $213.3 b, and annual revenue was $20.16 b in FY 2019
$498.31
$213.3 B
NFLX Mkt cap, 13-Nov-2020$6.4 B
Netflix Revenue Q3, 2020Netflix Gross profit (Q3, 2020)2.6 B
Netflix Gross profit margin (Q3, 2020), %39.9%
Netflix Net income (Q3, 2020)790 M
Netflix EBIT (Q3, 2020)1.3 B
Netflix Cash, 30-Sept-20208.4 B
Netflix EV221 B
Netflix Revenue
Netflix revenue was $20.16 b in FY, 2019 which is a 27.6% year over year increase from the previous period.
Netflix Revenue Breakdown
Netflix revenue breakdown by business segment: 52.7% from International Streaming , 45.9% from Domestic Streaming and 1.5% from Other
Netflix Income Statement
Annual
| USD | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|
Revenue | 11.7b | 15.8b | 20.2b |
Revenue growth, % | 32% | 35% | 28% |
Cost of goods sold | 7.7b | 10.0b | 12.4b |
Gross profit | 4.0b | 5.8b | 7.7b |
Gross profit Margin, % | 34% | 37% | 38% |
Sales and marketing expense | 1.3b | 2.4b | 2.7b |
R&D expense | 1.1b | 1.2b | 1.5b |
General and administrative expense | 863.6m | 630.3m | 914.4m |
Operating expense total | 3.2b | 4.2b | 5.1b |
EBIT | 838.7m | 1.6b | 2.6b |
EBIT margin, % | 7% | 10% | 13% |
Interest expense | 238.2m | 420.5m | 626.0m |
Pre tax profit | 485.3m | 1.2b | 2.1b |
Income tax expense | (73.6m) | 15.2m | 195.3m |
Net Income | 558.9m | 1.2b | 1.9b |
EPS | 1.3 | 2.7 | 4.1 |
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 3.7b | 3.9b | 4.0b | 4.5b | 4.9b | 5.2b | 5.8b | 6.1b | 6.4b |
Cost of goods sold | 2.2b | 2.3b | 2.4b | 2.9b | 3.0b | 3.1b | 3.6b | 3.6b | 3.9b |
Gross profit | 1.5b | 1.6b | 1.6b | 1.7b | 1.9b | 2.1b | 2.2b | 2.5b | 2.6b |
Gross profit Margin, % | 41% | 41% | 40% | 37% | 39% | 41% | 38% | 41% | 40% |
Sales and marketing expense | 479.2m | 526.8m | 435.3m | 616.6m | 603.2m | 553.8m | 503.8m | 434.4m | 527.6m |
R&D expense | 300.7m | 317.2m | 327.0m | 372.8m | 383.2m | 379.8m | 453.8m | 435.0m | 453.8m |
General and administrative expense | 278.3m | 311.2m | 344.1m | 202.0m | 224.7m | 233.2m | 252.1m | 277.2m | 271.6m |
Operating expense total | 1.1b | 1.2b | 1.1b | 1.2b | 1.2b | 1.2b | 1.2b | 1.1b | 1.3b |
EBIT | 446.6m | 462.2m | 480.7m | 459.1m | 706.4m | 980.2m | 958.3m | 1.4b | 1.3b |
EBIT margin, % | 12% | 12% | 12% | 10% | 14% | 19% | 17% | 22% | 20% |
Interest expense | 81.2m | 101.6m | 108.9m | 135.5m | 205.5m | 160.7m | 184.1m | 189.2m | 197.1m |
Pre tax profit | 299.6m | 728.3m | 378.8m | 399.7m | 500.9m | 1.0b | 795.9m | 1.0b | 861.5m |
Income tax expense | 9.5m | 53.8m | (24.0m) | 55.6m | 230.3m | 347.1m | 86.8m | 315.4m | 71.5m |
Net Income | 290.1m | 674.5m | 402.8m | 344.1m | 270.7m | 665.2m | 709.1m | 720.2m | 790.0m |
EPS | 0.6 | 0.9 | 0.9 | 0.8 | 0.6 | 1.5 | 1.6 | 1.6 | 1.7 |
Netflix Balance Sheet
Annual
| USD | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|
Cash | 2.8b | 3.8b | 5.0b |
Current Assets | 7.7b | 9.7b | 6.2b |
PP&E | 319.4m | 418.3m | 565.2m |
Total Assets | 19.0b | 26.0b | 34.0b |
Accounts Payable | 359.6m | 563.0m | 674.3m |
Current Liabilities | 5.5b | 6.5b | 6.9b |
Long-term debt | 6.5b | 10.4b | 14.8b |
Total Debt | 6.5b | 10.4b | 14.8b |
Total Liabilities | 15.4b | 20.7b | 26.4b |
Common Stock | 1.9b | 2.3b | 2.8b |
Retained Earnings | 1.7b | 2.9b | 4.8b |
Total Equity | 3.6b | 5.2b | 7.6b |
Debt to Equity Ratio | 1.8 x | 2 x | 1.9 x |
Debt to Assets Ratio | 0.3 x | 0.4 x | 0.4 x |
Financial Leverage | 5.3 x | 5 x | 4.5 x |
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 2.6b | 3.9b | 3.1b | 3.3b | 5.0b | 4.4b | 5.2b | 7.2b | 8.4b |
Current Assets | 7.8b | 9.3b | 8.7b | 4.2b | 5.9b | 5.3b | 6.4b | 8.6b | 9.8b |
PP&E | 341.9m | 349.6m | 371.2m | 434.4m | 452.4m | 482.0m | 650.5m | 751.9m | 828.1m |
Total Assets | 20.2b | 22.7b | 23.4b | 27.2b | 30.2b | 30.9b | 35.1b | 37.2b | 38.6b |
Accounts Payable | 436.2m | 448.2m | 441.4m | 439.5m | 442.2m | 444.1m | 545.5m | 446.7m | 541.3m |
Short-term debt | 498.8m | 499.2m | 499.5m | ||||||
Current Liabilities | 6.0b | 6.1b | 6.3b | 6.9b | 6.9b | 7.3b | 7.9b | 7.6b | 7.9b |
Long-term debt | 6.5b | 8.3b | 8.3b | 10.3b | 12.6b | 12.4b | 14.2b | 15.3b | 15.5b |
Total Debt | 6.5b | 8.3b | 8.3b | 10.3b | 12.6b | 12.4b | 14.7b | 15.8b | 16.0b |
Total Liabilities | 16.1b | 18.2b | 18.4b | 21.5b | 24.1b | 24.1b | 26.7b | 27.8b | 28.3b |
Common Stock | 2.0b | 2.1b | 2.2b | 2.4b | 2.6b | 2.7b | 2.9b | 3.1b | 3.3b |
Retained Earnings | 2.0b | 2.4b | 2.8b | 3.3b | 3.6b | 4.2b | 5.5b | 6.2b | 7.0b |
Total Equity | 4.0b | 4.5b | 5.0b | 5.7b | 6.1b | 6.9b | 8.4b | 9.3b | 10.3b |
Debt to Equity Ratio | 1.6 x | 1.9 x | 1.7 x | 1.8 x | 2.1 x | 1.8 x | 1.7 x | 1.7 x | 1.6 x |
Debt to Assets Ratio | 0.3 x | 0.4 x | 0.4 x | 0.4 x | 0.4 x | 0.4 x | 0.4 x | 0.4 x | 0.4 x |
Financial Leverage | 5 x | 5 x | 4.7 x | 4.8 x | 4.9 x | 4.5 x | 4.2 x | 4 x | 3.7 x |
Netflix Cash Flow
Annual
| USD | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|
Net Income | 558.9m | 1.2b | 1.9b |
Depreciation and Amortization | 71.9m | 83.2m | 103.6m |
Accounts Payable | 74.6m | 199.2m | 96.1m |
Cash From Operating Activities | (1.8b) | (2.7b) | (2.9b) |
Purchases of PP&E | (173.3m) | (173.9m) | (253.0m) |
Cash From Investing Activities | 34.3m | (339.1m) | (387.1m) |
Cash From Financing Activities | 3.1b | 4.0b | 4.5b |
Net Change in Cash | 1.4b | 989.2m | 1.2b |
Interest Paid | 213.3m | 375.8m | 599.1m |
Income Taxes Paid | 113.6m | 131.1m | 400.7m |
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 290.1m | 674.5m | 1.1b | 344.1m | 614.7m | 1.3b | 709.1m | 1.4b | 2.2b |
Depreciation and Amortization | 19.0m | 38.8m | 59.9m | 23.6m | 49.1m | 75.8m | 28.5m | 55.2m | 83.8m |
Accounts Payable | 74.1m | 81.8m | 77.4m | (124.5m) | (127.1m) | (134.8m) | (149.2m) | (261.2m) | (149.5m) |
Cash From Operating Activities | (236.8m) | (755.0m) | (1.4b) | (379.8m) | (923.6m) | (1.4b) | 259.9m | 1.3b | 2.6b |
Purchases of PP&E | (37.2m) | (64.5m) | (103.8m) | (60.4m) | (100.0m) | (145.3m) | (98.0m) | (239.8m) | (349.6m) |
Cash From Investing Activities | (49.8m) | (90.1m) | (258.8m) | (80.1m) | (130.1m) | (179.5m) | (98.3m) | (240.3m) | (359.0m) |
Cash From Financing Activities | 56.0m | 2.0b | 2.0b | 23.0m | 2.3b | 2.3b | 43.7m | 1.1b | 1.2b |
Net Change in Cash | (223.3m) | 1.1b | 255.8m | (441.9m) | 1.2b | 647.7m | 134.4m | 2.1b | 3.4b |
Netflix Ratios
| USD | FY, 2017 |
|---|---|
EV/EBIT | 103.4 x |
EV/CFO | -48.6 x |
Revenue/Employee | 2.1m |
Debt/Equity | 1.8 x |
Debt/Assets | 0.3 x |
Financial Leverage | 5.3 x |
P/E Ratio | 153.6 |
Netflix Operating Metrics
Netflix's Customers was reported to be 140 m in Q3, 2018.
| FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Countries | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 |
Daily Video Watch Time, hours | 140 m | 140 m | ||||||||||
Customers | 120.97 m | 128.16 m | 133.14 m | 139.95 m | ||||||||
Customers (Domestic Streaming) | 54.75 m | 56.71 m | 57.38 m | 58.46 m | ||||||||
Customers (International Streaming) | 62.83 m | 68.29 m | 72.76 m | 78.64 m | ||||||||
Customers (Domestic DVD) | 3.38 m | 3.17 m | 3 m | 2.85 m | ||||||||
Net Customer Additions (Global Streaming) | 23.79 m | 7.41 m | 5.15 m | 6.96 m | ||||||||
Paying Customers | 113.97 m | 122.04 m | 127.33 m | 133.25 m | 141.97 m | 151.43 m | 153.97 m | 160.61 m | 169.24 m | 182.86 m | 187.90 m | 195.15 m |
Paying Customers (Domestic Streaming) | 52.81 m | 55.09 m | 55.96 m | 56.96 m | 58.49 m | 60.23 m | 60.10 m | 60.62 m | 61.04 m | |||
Paying Customers (International Streaming) | 57.83 m | 63.82 m | 68.40 m | 73.47 m | 80.77 m | 88.63 m | 91.46 m | 97.71 m | 106.05 m | |||
Paying Customers (Domestic DVD) | 3.33 m | 3.14 m | 2.97 m | 2.83 m | 2.71 m | 2.57 m | 2.41 m | 2.28 m | 2.15 m | |||
Paying Customers (UCAN Streaming) | 67.66 m | 69.97 m | 72.90 m | 73.08 m | ||||||||
Paying Customers (EMEA Streaming) | 51.78 m | 58.73 m | 61.48 m | 62.24 m | ||||||||
Paying Customers (LATAM Streaming) | 31.42 m | 34.32 m | 36.07 m | 36.32 m | ||||||||
Paying Customers (APAC Streaming) | 16.23 m | 19.84 m | 22.49 m | 23.50 m | ||||||||
Net Paying Customer Additions (Global Streaming) | 28.62 m | 9.60 m | 2.70 m | 6.77 m | 27.83 m | 15.77 m | 10.09 m | 2.20 m | ||||
Average Monthly Revenue per Paying Customer (Global Streaming) | $9.43 | $10.46 | $10.45 | $10.23 | $10.31 | $10.27 | $10.76 | $11.13 | $10.82 | $10.87 | $10.80 | $10.95 |
Average Monthly Revenue per Paying Customer (Domestic Streaming) | $10.18 | $11.25 | $11.37 | $11.44 | $11.40 | $11.64 | $12.74 | $13.32 | ||||
Average Monthly Revenue per Paying Customer (International Streaming) | $8.66 | $9.77 | $9.69 | $9.27 | $9.43 | $9.31 | $9.43 | $9.73 | ||||
Average Monthly Revenue per Paying Customer (Domestic DVD) | $10.17 | $10.18 | $10.14 | $10.20 | $10.19 | $10.21 | $10.21 | $10.22 | ||||
Average Monthly Revenue per Paying Customer (UCAN Streaming) | $12.57 | $13.09 | $13.25 | $13.40 | ||||||||
Average Monthly Revenue per Paying Customer (EMEA Streaming) | $10.33 | $10.40 | $10.50 | $10.88 | ||||||||
Average Monthly Revenue per Paying Customer (LATAM Streaming) | $8.21 | $8.05 | $7.44 | $7.27 | ||||||||
Average Monthly Revenue per Paying Customer (APAC Streaming) | $9.24 | $8.94 | $8.96 | $9.20 | ||||||||
Free Trials | 9.22 m | 6.59 m | 6.07 m | 5.61 m | ||||||||
Free Trials (Domestic Streaming) | 2.07 m | 1.56 m | 1.58 m | 1.38 m | ||||||||
Free Trials (International Streaming) | 7.13 m | 5 m | 4.48 m | 4.22 m | ||||||||
Free Trials (Domestic DVD) | 25 k | 22 k | 17 k | 16 k |
Netflix Human Capital
Ethnicity
| Y, 2019 | |
|---|---|
| Asian (USA), percent | 63.2 % |
| Hispanic / Latino (USA), percent | 18.4 % |
| Black / African American (USA), percent | 18.4 % |
- Source: s22.q4cdn.com
