Netflix, Inc. NFLX Income Statement

Netflix, inc. (NFLX)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
5,767,691	5,467,434	5,244,905	4,923,116	4,520,992	4,186,841	3,999,374	3,907,270	3,700,856	3,285,755	2,984,859	2,785,464	2,636,635	2,477,541	2,290,188	2,105,204	1,957,736	1,823,333	1,738,355	1,644,694	1,573,129	1,484,728	1,409,432	1,340,407	1,270,089	1,175,230	1,105,999	1,069,372	1,023,961	945,239	905,089	889,163	869,791	875,575	821,839	788,610	718,553	595,922	553,219	519,819	493,665	444,542	423,120	408,509	394,098	341,269	337,614
Subscription
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	471,823	428,203	376,992	-	292,406	265,387	259,560	231,598	233,091	227,316	217,456	186,573	193,769
Fulfillment expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64,794	61,775	61,159	-	52,063	49,547	47,602	43,888	42,183	41,927	41,812	37,923	36,318
Cost of revenues
3,599,701	3,466,023	3,097,919	3,005,657	2,870,614	2,733,400	2,531,128	2,402,431	2,300,579	2,480,688	1,992,980	1,902,308	1,657,024	1,881,980	1,532,844	1,473,098	1,369,540	1,249,365	1,173,958	1,121,752	1,046,401	1,014,332	954,394	914,848	869,186	820,677	798,900	760,674	736,952	722,059	662,638	643,428	623,933	575,155	536,617	489,978	438,151	390,790	344,469	314,934	307,162	275,486	275,274	269,243	259,268	224,496	230,087
Gross profit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	285,222	298,632	280,402	-	208,750	204,885	186,503	169,056	147,846	139,266	134,830	116,773	107,527
Marketing
503,830	878,937	553,797	603,150	616,578	730,355	510,330	592,007	536,777	578,198	312,490	274,323	271,270	391,437	282,043	216,029	208,010	224,173	208,102	197,140	194,677	203,671	145,654	120,763	137,098	128,017	108,228	114,611	119,086	86,868	108,448	113,964	129,928	92,919	89,108	94,983	104,259	62,849	81,238	74,533	75,219	70,715	58,556	46,231	62,242	49,217	39,984
Technology and development
453,817	409,376	379,776	383,233	372,764	331,789	308,620	299,095	282,310	174,283	255,236	267,083	257,108	153,325	216,099	207,300	203,508	180,859	171,762	155,061	143,106	125,876	120,953	115,182	110,310	98,128	95,540	93,126	91,975	82,139	82,521	81,547	82,801	80,783	69,480	57,865	50,905	45,959	42,108	37,863	37,399	33,209	30,014	27,119	24,200	23,368	22,186
General and administrative
252,087	254,586	233,174	224,657	201,952	175,530	168,628	151,524	134,612	-192,717	215,526	213,943	194,291	-103,135	153,166	138,407	127,225	109,042	110,892	95,906	91,489	75,803	78,024	60,014	55,900	46,120	46,211	43,844	44,126	34,535	35,347	34,070	35,064	64,846	29,792	30,670	22,998	17,871	15,903	15,147	15,540	8,964	11,543	13,252	13,014	11,742	13,419
Gain on disposal of DVDs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,604	118	1,097	1,628	2,263
Total operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	188,380	183,518	178,162	-	139,249	127,543	128,158	115,707	98,509	86,484	98,359	82,699	73,326
Operating income
958,256	458,512	980,239	706,419	459,084	215,767	480,668	462,213	446,578	245,303	208,627	127,807	256,942	153,934	106,036	70,370	49,453	59,894	73,641	74,835	97,456	65,046	110,407	129,600	97,595	82,288	57,120	57,117	31,822	19,638	16,135	16,154	-1,935	61,872	96,842	115,114	102,240	78,453	69,501	77,342	58,345	53,349	49,337	52,782	36,471	34,074	34,201
Other income (expense):
Interest expense
184,083	177,801	160,660	152,033	135,529	128,807	108,862	101,605	81,219	75,292	60,688	55,482	46,742	43,586	35,536	35,455	35,537	35,429	35,333	35,217	26,737	13,353	13,486	13,328	10,052	7,438	7,436	7,528	6,740	5,016	4,990	5,006	4,974	4,942	4,915	5,303	4,865	4,832	4,945	4,893	4,959	4,457	674	674	670	677	681
Interest and other income (expense)
21,697	-131,378	192,744	-53,470	76,104	32,436	7,004	68,028	-65,743	-38,681	-31,702	-58,363	13,592	-20,079	8,627	16,317	25,963	-3,734	3,930	872	-32,293	-6,177	616	1,100	1,401	-846	-193	-2,940	977	282	801	-493	-116	-95	1,696	1,013	865	938	853	921	972	2,444	1,808	866	1,610	1,536	2,404
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-25,129	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
795,870	149,333	1,012,323	500,916	399,659	119,396	378,810	428,636	299,616	131,330	116,237	13,962	223,792	90,269	79,127	51,232	39,879	20,731	42,238	40,490	38,426	45,516	97,537	117,372	88,944	74,004	49,491	46,649	930	14,904	11,946	10,655	-7,025	56,835	93,623	110,824	98,240	74,559	65,409	73,370	54,358	51,336	50,471	52,974	37,411	34,933	35,924
Income Tax Expense (Benefit)
86,803	-437,637	347,079	230,266	55,607	-14,538	-24,025	44,287	9,492	-54,187	-13,353	-51,638	45,570	23,521	27,610	10,477	12,221	-22,447	12,806	14,155	14,730	-37,855	38,242	46,354	35,829	25,583	17,669	17,178	-1,759	7,007	4,271	4,491	-2,441	21,616	31,163	42,610	38,007	27,464	27,442	29,851	22,086	20,423	20,330	20,531	15,048	14,562	9,345
Net Income (Loss) Attributable to Parent
709,067	586,970	665,244	270,650	344,052	133,934	402,835	384,349	290,124	185,517	129,590	65,600	178,222	66,748	51,517	40,755	27,658	43,178	29,432	26,335	23,696	83,371	59,295	71,018	53,115	48,421	31,822	29,471	2,689	7,897	7,675	6,164	-4,584	35,219	62,460	68,214	60,233	47,095	37,967	43,519	32,272	30,913	30,141	32,443	22,363	20,371	26,579
Earnings Per Share [Abstract]
Earnings Per Share, Basic
1.61	1.33	1.52	0.62	0.79	0.31	0.92	0.88	0.67	0.43	0.30	0.15	0.41	0.16	0.12	0.10	0.06	0.10	0.07	0.06	0.06	-0.57	0.14	0.17	0.89	-0.82	0.54	0.51	0.05	0.14	0.14	0.11	-0.08	0.65	1.19	1.30	1.14	0.89	0.73	0.83	0.61	0.57	0.54	0.56	0.38	0.34	0.43
Earnings Per Share, Diluted
1.57	1.30	1.47	0.60	0.76	0.30	0.89	0.85	0.64	0.41	0.29	0.15	0.40	0.16	0.12	0.09	0.06	0.10	0.07	0.06	0.05	-0.54	0.14	0.16	0.86	-0.80	0.52	0.49	0.05	0.13	0.13	0.11	-0.08	0.63	1.16	1.26	1.11	0.87	0.70	0.80	0.59	0.55	0.52	0.54	0.37	0.33	0.42
Weighted-average common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
439,352	438,572	438,090	437,587	436,947	436,416	435,809	435,097	434,174	433,140	432,404	431,396	430,600	429,751	428,937	428,483	428,117	427,723	426,869	425,340	423,624	781,191	421,194	419,974	59,817	1,456,268	59,108	58,192	55,972	55,561	55,541	55,526	55,456	53,590	52,569	52,470	52,759	52,577	52,142	52,486	52,911	53,488	56,146	57,872	58,734	60,408	61,782
Weighted Average Number of Shares Outstanding, Diluted
452,494	451,391	451,552	452,195	451,922	451,146	451,919	451,552	450,359	448,174	447,362	446,262	445,458	440,072	438,389	438,154	437,993	438,312	437,606	436,097	433,809	801,845	432,742	431,441	61,548	1,519,582	60,990	60,590	60,146	62,622	58,729	58,809	55,456	55,451	53,870	53,909	54,246	54,186	53,931	54,324	54,775	55,357	57,938	59,660	60,709	62,272	63,857