NFLX

Netflix

Beat

This quarter EPS $0.87 vs $0.82 consensus +6.1%

Netflix, Inc. reported $12.87B of revenue in Q3 2026.

Q3 2026 · filed Oct 21, 2026

$65.04

-3.65 (-5.3%)

The latest 10-Q covers the quarter ended 2026-09-30. GAAP net income was $3.66B. Open the filings map for the source document.

Ticker Snapshot

  • Market cap

    $270.8B

    Shares × last price

  • EPS (TTM)

    $3.46

    Trailing twelve months

  • EBITDA

    $4.05B

    Average of last 4 Quarters.

  • Trailing P/E

    18.8

    Price / TTM EPS

  • Forward P/E

    17.2

    Price / next-year EPS

  • Price / book

    9.15×

    Price vs net assets on the books

  • Price / sales

    5.43×

    Market cap vs last 12 months of sales

  • Price / cash flow

    22.0×

    Market cap vs operating cash flow

  • EV / revenue

    5.57×

    Enterprise value vs sales — includes debt

  • Div. yield

    0.00%

    Annual dividend / price

  • 52-week

    $64.10 – $116.73

    Range over the last year

From the latest filing

Last 4 quarters ended Sep 30, 2026. Same period on every tile. Arrows vs last quarter and as of last year.

  • Gross margin

    19.3%

    This quarter

How sales became profit

Average of Last 4 Quarters · Sep 30, 2025 through Sep 30, 2026

  1. What they sold

    $12.43B

    Revenue. What customers paid.

  2. Cost to make it

    −$6.13B

    Cost of goods. What it took to produce.

  3. Left after product costs are paid

    $2.48B

    Gross profit. Sales minus product costs.

  4. Running the company

    −$1.41B

    Overhead — R&D, selling, and admin.

  5. Operating income

    $3.89B

    Left after running the business, before interest and tax.

  6. Profit on the books

    $3.69B

    GAAP net income. Not cash — that's free cash flow.

  7. Profit margin

    29.7%

    How much of sales became book profit.

Per $100 of sales

Same story, scaled to a hundred-dollar bill so the mix is obvious.

Sales

$100

Average of last 4 Quarters.

Cost to make it

$49

Average of last 4 Quarters.

Left after product costs are paid

$20

Average of last 4 Quarters.

On the books

$30

Average of last 4 Quarters.

Where the money came from

Segments tagged in the filing — the parts inside the total.

  • Subscriptions + ads (one P&L)

    $12.56B+16%

    Netflix reports one streaming P&L. Ads are inside the same line.

Brief me

A short teacher-voice walkthrough of the filing. On tap, not on load. Never a buy or sell.

Filings map

The source documents on EDGAR. Opens in a new tab.