Profit Margin Summary (Annual)

According to Netflix's latest annual financial reports, the company has an operating profit margin of 20.62%. This metric indicates the percentage of revenue that remains after deducting operating expenses, excluding interest and taxes.

The company's gross profit margin stands at 41.54%, reflecting the percentage of revenue that exceeds the cost of goods sold (COGS).

The pretax profit margin is 18.40%, indicating the percentage of revenue that remains after deducting all expenses except taxes.

Lastly, the net profit margin is 16.04%, which shows the percentage of revenue that remains as profit after all expenses, including taxes, have been deducted.

The trailing twelve months (TTM) operating profit margin is 25.61%, providing a more up-to-date view of the company's financial health.

Historical Operating Profit Margin

Historical Gross Profit Margin

Historical Pretax Profit Margin

Historical Net Profit Margin

Netflix Historical Profit Margins

Netflix Profit Margin History

The table below shows the margins for each year, with the latest data available for the last fiscal year 2023.

Year	Operating Margin	Gross Margin	Pretax Margin	Net Margin
2023	20.62%	41.54%	18.40%	16.04%
2022	17.82%	39.37%	16.65%	14.21%
2021	20.86%	41.64%	19.67%	17.23%
2020	18.34%	38.89%	12.80%	11.05%
2019	12.92%	38.28%	10.23%	9.26%
2018	10.16%	36.89%	7.77%	7.67%
2017	7.17%	34.49%	4.15%	4.78%
2016	4.30%	31.72%	2.95%	2.11%
2015	4.51%	32.27%	2.09%	1.81%
2014	7.31%	31.83%	6.35%	4.85%
2013	5.22%	29.52%	3.91%	2.57%
2012	1.39%	27.25%	0.84%	0.48%
2011	12.02%	36.34%	11.50%	7.06%
2010	13.12%	37.24%	12.38%	7.44%
2009	11.49%	35.38%	11.51%	6.94%
2008	8.90%	33.30%	9.64%	6.08%
2007	7.56%	34.78%	9.25%	5.55%
2006	6.46%	37.09%	8.06%	4.92%
2005	0.44%	31.91%	1.22%	6.16%
2004	3.82%	45.39%	4.30%	4.27%
2003	1.64%	45.50%	2.39%	2.39%
2002	-7.64%	48.87%	-14.36%	-14.36%
2001	-49.04%	34.26%	-49.92%	-50.87%
2000	-162.89%	30.74%	-162.35%	-162.35%