Netflix revenue was $29.7 b in FY, 2021 which is a 18.8% year over year increase from the previous period.
Netflix revenue breakdown by business segment: 99.4% from Streaming revenues and 0.6% from Other
Netflix revenue breakdown by geographic segment: 11.1% from Asia-Pacific, 32.9% from Europe, Middle East, and Africa, 12.1% from Latin America and 44.0% from United States and Canada
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Revenue | 20.2b | 25.0b | 29.7b |
Revenue growth, % | 28% | 24% | 19% |
Cost of goods sold | 12.4b | 15.3b | 17.3b |
Gross profit | 7.7b | 9.7b | 12.4b |
Gross profit Margin, % | 38% | 39% | 42% |
Sales and marketing expense | 2.7b | 2.2b | 2.5b |
R&D expense | 1.5b | 1.8b | 2.3b |
General and administrative expense | 914.4m | 1.1b | 1.4b |
Operating expense total | 5.1b | 5.1b | 6.2b |
EBIT | 2.6b | 4.6b | 6.2b |
EBIT margin, % | 13% | 18% | 21% |
Interest expense | 626.0m | 767.5m | 765.6m |
Pre tax profit | 2.1b | 3.2b | 5.8b |
Income tax expense | 195.3m | 438.0m | 723.9m |
Net Income | 1.9b | 2.8b | 5.1b |
EPS | 4.1 | 6.1 | 11.2 |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Cash | 5.0b | 8.2b | 6.0b |
Accounts Receivable | 454.4m | 610.8m | 804.3m |
Prepaid Expenses | 181.0m | 203.0m | 323.8m |
Current Assets | 6.2b | 9.8b | 8.1b |
PP&E | 565.2m | 960.2m | 1.3b |
Total Assets | 34.0b | 39.3b | 44.6b |
Accounts Payable | 674.3m | 656.2m | 837.5m |
Short-term debt | 499.9m | 699.8m | |
Current Liabilities | 6.9b | 7.8b | 8.5b |
Long-term debt | 14.8b | 15.8b | 14.7b |
Total Debt | 14.8b | 16.3b | 15.4b |
Total Liabilities | 26.4b | 28.2b | 28.7b |
Common Stock | 2.8b | 3.4b | 4.0b |
Retained Earnings | 4.8b | 7.6b | 12.7b |
Total Equity | 7.6b | 11.1b | 15.8b |
Debt to Equity Ratio | 1.9 x | 1.5 x | 1 x |
Debt to Assets Ratio | 0.4 x | 0.4 x | 0.3 x |
Financial Leverage | 4.5 x | 3.5 x | 2.8 x |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Net Income | 1.9b | 2.8b | 5.1b |
Depreciation and Amortization | 9.3b | 10.9b | 12.5b |
Accounts Payable | 96.1m | (41.6m) | 145.1m |
Cash From Operating Activities | (2.9b) | 2.4b | 392.6m |
Purchases of PP&E | (253.0m) | (497.9m) | (524.6m) |
Cash From Investing Activities | (387.1m) | (505.4m) | (1.3b) |
Long-term Borrowings | (500.0m) | ||
Cash From Financing Activities | 4.5b | 1.2b | (1.1b) |
Net Change in Cash | 1.2b | 3.2b | (2.2b) |
Interest Paid | 599.1m | 762.9m | 763.4m |
Income Taxes Paid | 400.7m | 291.6m | 509.3m |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q2, 2021 |
---|---|---|---|---|---|---|---|
Net Income | 344.1m | 614.7m | 1.3b | 709.1m | 1.4b | 2.2b | 1.4b |
Depreciation and Amortization | 2.2b | 2.3b | 2.3b | 2.5b | 2.6b | 2.8b | 2.8b |
Accounts Payable | (124.5m) | (127.1m) | (134.8m) | (149.2m) | (261.2m) | (149.5m) | 72.3m |
Cash From Operating Activities | (379.8m) | (923.6m) | (1.4b) | 259.9m | 1.3b | 2.6b | (63.8m) |
Purchases of PP&E | (60.4m) | (100.0m) | (145.3m) | (98.0m) | (239.8m) | (349.6m) | (110.3m) |
Cash From Investing Activities | (80.1m) | (130.1m) | (179.5m) | (98.3m) | (240.3m) | (359.0m) | (111.3m) |
Cash From Financing Activities | 23.0m | 2.3b | 2.3b | 43.7m | 1.1b | 1.2b | (480.3m) |
Net Change in Cash | (441.9m) | 1.2b | 647.7m | 134.4m | 2.1b | 3.4b | (631.8m) |
USD | Q1, 2019 |
---|---|
Debt/Equity | 1.8 x |
Debt/Assets | 0.4 x |
Financial Leverage | 4.8 x |
FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Countries | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 190 |
Paying Customers | 139.26 m | 151.43 m | 153.97 m | 160.61 m | 167.09 m | 182.86 m | 187.9 m | 195.15 m | 203.66 m | 207.64 m | 209.18 m | 213.56 m | 221.84 m |
Paying Customers (Domestic Streaming) | 58.49 m | 60.23 m | 60.1 m | 60.62 m | 61.04 m | ||||||||
Paying Customers (International Streaming) | 80.77 m | 88.63 m | 91.46 m | 97.71 m | 106.05 m | ||||||||
Paying Customers (Domestic DVD) | 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 | 72.9 m | 73.08 m | 73.94 m | 74.38 m | 73.95 m | 74.02 m | 75.22 k | ||||
Paying Customers (EMEA Streaming) | 51.78 m | 58.73 m | 61.48 m | 62.24 m | 66.7 m | 68.51 m | 68.7 m | 70.5 m | 74.04 k | ||||
Paying Customers (LATAM Streaming) | 31.42 m | 34.32 m | 36.07 m | 36.32 m | 37.54 m | 37.89 m | 36.66 m | 38.99 m | 39.96 m | ||||
Paying Customers (APAC Streaming) | 16.23 m | 19.84 m | 22.49 m | 23.5 m | 25.49 m | 26.85 m | 27.88 m | 30.05 m | 32.63 m | ||||
Net Paying Customer Additions (Global Streaming) | 28.62 m | 9.6 m | 2.7 m | 6.77 m | 27.83 m | 15.77 m | 10.09 m | 2.2 m | 36.57 m | 3.98 m | 1.54 m | 4.38 m | 18.18 m |
Average Monthly Revenue per Paying Customer (Global Streaming) | $10.31 | $10.27 | $10.76 | $11.13 | $10.82 | $10.87 | $10.8 | $10.95 | $10.91 | $11.53 | $11.67 | $11.73 | $11.67 |
Average Monthly Revenue per Paying Customer (Domestic Streaming) | $11.4 | $11.64 | $12.74 | $13.32 | |||||||||
Average Monthly Revenue per Paying Customer (International Streaming) | $9.43 | $9.31 | $9.43 | $9.73 | |||||||||
Average Monthly Revenue per Paying Customer (Domestic DVD) | $10.19 | $10.21 | $10.21 | $10.22 | |||||||||
Average Monthly Revenue per Paying Customer (UCAN Streaming) | $12.57 | $13.09 | $13.25 | $13.4 | $13.32 | $14.25 | $14.54 | $14.68 | $14.56 | ||||
Average Monthly Revenue per Paying Customer (EMEA Streaming) | $10.33 | $10.4 | $10.5 | $10.88 | $10.72 | $11.56 | $11.66 | $11.65 | $11.63 | ||||
Average Monthly Revenue per Paying Customer (LATAM Streaming) | $8.21 | $8.05 | $7.44 | $7.27 | $7.45 | $7.39 | $7.5 | $7.86 | $7 | ||||
Average Monthly Revenue per Paying Customer (APAC Streaming) | $9.24 | $8.94 | $8.96 | $9.2 | $9.12 | $9.71 | $9.74 | $9.6 | $9.56 | ||||
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 |
Y, 2021 | Y, 2020 | Y, 2019 | |
---|---|---|---|
Female, percent | 25.9% | 24.4% | 24.5% |
Male, percent | 24.1% | 25.6% | 25.5% |
Male (Management), percent | 24.4% | 26.1% | 25.5% |
Female (Management), percent | 25.6% | 23.9% | 24.5% |
Y, 2021 | Y, 2020 | Y, 2019 | |
---|---|---|---|
Hispanic / Latino (USA), percent | 9.2% | 8.7% | 18.4% |
Black / African American (USA), percent | 11.5% | 9.4% | 18.4% |
Two or More Races (USA), percent | 6% | 5.3% | |
White (USA), percent | 45.9% | 48.6% | |
Asian (USA), percent | 25.2% | 26.3% | 63.2% |
Other | 2.3% | 1.8% |