NETFLIX INC
For the period ended Dec 31, 2024. Filed Jan 27, 2025.
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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.
FY2024 · Filed Jan 27, 2025
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, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenues | $39,000,966 | $33,723,297 | $31,615,550 |
| Cost of revenues | 21,038,464 | 19,715,368 | 19,168,285 |
| Sales and marketing | 2,917,554 | 2,657,883 | 2,530,502 |
| Technology and development | 2,925,295 | 2,675,758 | 2,711,041 |
| General and administrative | 1,702,039 | 1,720,285 | 1,572,891 |
| Operating income | 10,417,614 | 6,954,003 | 5,632,831 |
| Other income (expense): | |||
| Interest expense | (718,733) | (699,826) | (706,212) |
| Interest and other income (expense) | 266,776 | (48,772) | 337,310 |
| Income before income taxes | 9,965,657 | 6,205,405 | 5,263,929 |
| Provision for income taxes | (1,254,026) | (797,415) | (772,005) |
| Net income | $8,711,631 | $5,407,990 | $4,491,924 |
| Earnings per share: | |||
| Basic | $20.28 | $12.25 | $10.10 |
| Diluted | $19.83 | $12.03 | $9.95 |
| Weighted-average shares of common stock outstanding: | |||
| Basic | 429,519 | 441,571 | 444,698 |
| Diluted | 439,261 | 449,498 | 451,290 |
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