NETFLIX INC
For the period ended Dec 31, 2023. Filed Jan 26, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Jan 26, 2024
NFLX$63.95+0.9%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(in thousands, except per share data)
| Year ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenues | $33,723,297 | $31,615,550 | $29,697,844 |
| Cost of revenues | 19,715,368 | 19,168,285 | 17,332,683 |
| Marketing | 2,657,883 | 2,530,502 | 2,545,146 |
| Technology and development | 2,675,758 | 2,711,041 | 2,273,885 |
| General and administrative | 1,720,285 | 1,572,891 | 1,351,621 |
| Operating income | 6,954,003 | 5,632,831 | 6,194,509 |
| Other income (expense): | |||
| Interest expense | (699,826) | (706,212) | (765,620) |
| Interest and other income (expense) | (48,772) | 337,310 | 411,214 |
| Income before income taxes | 6,205,405 | 5,263,929 | 5,840,103 |
| Provision for income taxes | (797,415) | (772,005) | (723,875) |
| Net income | $5,407,990 | $4,491,924 | $5,116,228 |
| Earnings per share: | |||
| Basic | $12.25 | $10.10 | $11.55 |
| Diluted | $12.03 | $9.95 | $11.24 |
| Weighted-average shares of common stock outstanding: | |||
| Basic | 441,571 | 444,698 | 443,155 |
| Diluted | 449,498 | 451,290 | 455,372 |
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