Operating Margin in % of NETFLIX INC from 2010 to Q3 2025

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
NETFLIX INC quarterly and annual Operating Margin history and change rate from 2010 to Q3 2025.
  • NETFLIX INC Operating Margin for the quarter ending 30 Sep 2025 was 29%, a 13.6% increase year-over-year.
  • NETFLIX INC annual Operating Margin for 2024 was 27%, a 29.5% increase from 2023.
  • NETFLIX INC annual Operating Margin for 2023 was 21%, a 15.7% increase from 2022.
  • NETFLIX INC annual Operating Margin for 2022 was 18%, a 14.6% decline from 2021.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Change (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Change (%)

NETFLIX INC Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2025 29% +3.5% +14% 01 Jul 2025 30 Sep 2025
Q2 2025 30% +5.7% +24% 01 Apr 2025 30 Jun 2025
Q1 2025 28% +5.2% +23% 01 Jan 2025 31 Mar 2025
Q4 2024 27% +6.1% +30% 01 Oct 2024 31 Dec 2024
Q3 2024 26% +7.3% +40% 01 Jul 2024 30 Sep 2024
Q2 2024 24% +6.3% +36% 01 Apr 2024 30 Jun 2024
Q1 2024 23% +5.7% +34% 01 Jan 2024 31 Mar 2024
Q4 2023 21% +2.8% +16% 01 Oct 2023 31 Dec 2023
Q3 2023 18% +0.19% +1% 01 Jul 2023 30 Sep 2023
Q2 2023 18% -1.6% -8.5% 01 Apr 2023 30 Jun 2023
Q1 2023 17% -3.6% -17% 01 Jan 2023 31 Mar 2023
Q4 2022 18% -3% -15% 01 Oct 2022 31 Dec 2022
Q3 2022 18% -4.6% -20% 01 Jul 2022 30 Sep 2022
Q2 2022 19% -2.9% -13% 01 Apr 2022 30 Jun 2022
Q1 2022 20% -0.76% -3.6% 01 Jan 2022 31 Mar 2022
Q4 2021 21% +2.5% +14% 01 Oct 2021 31 Dec 2021
Q3 2021 23% +5.6% +33% 01 Jul 2021 30 Sep 2021
Q2 2021 22% +5.4% +33% 01 Apr 2021 30 Jun 2021
Q1 2021 21% +6.7% +46% 01 Jan 2021 31 Mar 2021
Q4 2020 18% +5.4% +42% 01 Oct 2020 31 Dec 2020
Q3 2020 17% +4.7% +37% 01 Jul 2020 30 Sep 2020
Q2 2020 17% +6% +57% 01 Apr 2020 30 Jun 2020
Q1 2020 14% +4.8% +49% 01 Jan 2020 31 Mar 2020
Q4 2019 13% +2.8% +27% 01 Oct 2019 31 Dec 2019
Q3 2019 13% +1.5% +14% 01 Jul 2019 30 Sep 2019
Q2 2019 11% +0.74% +7.5% 01 Apr 2019 30 Jun 2019
Q1 2019 9.7% +1.7% +21% 01 Jan 2019 31 Mar 2019
Q4 2018 10% +3% +42% 01 Oct 2018 31 Dec 2018
Q3 2018 11% +4.1% +60% 01 Jul 2018 30 Sep 2018
Q2 2018 9.8% +3.5% +55% 01 Apr 2018 30 Jun 2018
Q1 2018 8.1% +1.9% +31% 01 Jan 2018 31 Mar 2018
Q4 2017 7.2% +2.9% +67% 01 Oct 2017 31 Dec 2017
Q3 2017 6.9% +3.4% +96% 01 Jul 2017 30 Sep 2017
Q2 2017 6.3% +3% +90% 01 Apr 2017 30 Jun 2017
Q1 2017 6.2% +2.6% +72% 01 Jan 2017 31 Mar 2017
Q4 2016 4.3% -0.21% -4.7% 01 Oct 2016 31 Dec 2016
Q3 2016 3.5% -1.3% -28% 01 Jul 2016 30 Sep 2016
Q2 2016 3.3% -2.4% -42% 01 Apr 2016 30 Jun 2016
Q1 2016 3.6% -3.3% -48% 01 Jan 2016 31 Mar 2016
Q4 2015 4.5% -2.8% -38% 01 Oct 2015 31 Dec 2015
Q3 2015 4.8% -3.2% -40% 01 Jul 2015 30 Sep 2015
Q2 2015 5.7% -1.8% -24% 01 Apr 2015 30 Jun 2015
Q1 2015 6.9% +0.57% +9% 01 Jan 2015 31 Mar 2015
Q4 2014 7.3% +2.1% +40% 01 Oct 2014 31 Dec 2014
Q3 2014 8.1% +4.1% +102% 01 Jul 2014 30 Sep 2014
Q2 2014 7.5% +4.3% +137% 01 Apr 2014 30 Jun 2014
Q1 2014 6.4% +4.1% +186% 01 Jan 2014 31 Mar 2014
Q4 2013 5.2% +3.8% +277% 01 Oct 2013 31 Dec 2013
Q3 2013 4% +1.4% +53% 01 Jul 2013 30 Sep 2013
Q2 2013 3.2% -1.8% -37% 01 Apr 2013 30 Jun 2013
Q1 2013 2.2% -5.9% -73% 01 Jan 2013 31 Mar 2013
Q4 2012 1.4% -10% -88% 01 Oct 2012 31 Dec 2012
Q3 2012 2.6% -11% -81% 01 Jul 2012 30 Sep 2012
Q2 2012 5% -8.8% -64% 01 Apr 2012 30 Jun 2012
Q1 2012 8.1% -5.6% -41% 01 Jan 2012 31 Mar 2012
Q4 2011 12% -1.4% -11% 01 Oct 2011 31 Dec 2011
Q3 2011 13% 01 Jul 2011 30 Sep 2011
Q2 2011 14% 01 Apr 2011 30 Jun 2011
Q1 2011 14% 01 Jan 2011 31 Mar 2011
Q4 2010 13% 01 Oct 2010 31 Dec 2010

NETFLIX INC Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2024 27% +6.1% +30% 01 Jan 2024 31 Dec 2024
2023 21% +2.8% +16% 01 Jan 2023 31 Dec 2023
2022 18% -3% -15% 01 Jan 2022 31 Dec 2022
2021 21% +2.5% +14% 01 Jan 2021 31 Dec 2021
2020 18% +5.4% +42% 01 Jan 2020 31 Dec 2020
2019 13% +2.8% +27% 01 Jan 2019 31 Dec 2019
2018 10% +3% +42% 01 Jan 2018 31 Dec 2018
2017 7.2% +2.9% +67% 01 Jan 2017 31 Dec 2017
2016 4.3% -0.21% -4.7% 01 Jan 2016 31 Dec 2016
2015 4.5% -2.8% -38% 01 Jan 2015 31 Dec 2015
2014 7.3% +2.1% +40% 01 Jan 2014 31 Dec 2014
2013 5.2% +3.8% +277% 01 Jan 2013 31 Dec 2013
2012 1.4% -10% -88% 01 Jan 2012 31 Dec 2012
2011 12% -1.4% -11% 01 Jan 2011 31 Dec 2011
2010 13% 01 Jan 2010 31 Dec 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.