Netflix Revenue Vs Profit

Net income for the whole year 2019 came to 1 9 billion up on 1 2 billion in 2018.

Netflix revenue vs profit. Netflix annual revenue and net income both hit record high during the fiscal year ended december 31 2019. 6 44 billion vs 6 38 billion expected according to refinitiv. Netflix annual gross profit for 2017 was 3 66b a 42 22 increase from 2016. Netflix operates at a profit.

Netflix nasdaq nflx is modestly profitable today but should be extremely profitable in the future. Net income for q4 2019 came to 587 million. Earnings per share eps. Netflix s total revenue in 2019 clocked 20 156 4 million 20 2 billion registering 27 6 yoy growth.

While the net profit of netflix in 2019 soared to record high reaching 1 866 9 million 1 87 billion a strong 54 1 yoy growth. Q2 2019 despite being disappointing in terms of subscriber growth generated record netflix net revenue of 665 million. 1 74 vs 2 14 expected according to refinitiv consensus estimate. Compare nflx with other stocks.

The company has increased its operating margin operating income as a percentage of revenue. Netflix revenue for the twelve months ending september 30 2020 was 23 819b a 26 19 increase year over year. Netflix annual revenue for 2018 was 15 794b a 35 08 increase from 2017. Netflix annual revenue for 2019 was 20 156b a 27 62 increase from 2018.

Netflix annual gross profit for 2019 was 7 716b a 32 43 increase from 2018.