Netflix Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.69B | $8.85B | $6.78B | $5.50B | $4.37B | $3.61B | $3.21B | $2.16B |
| UCAN Streaming | $6.15B | $5.08B | $4.18B | $3.43B | $2.75B | $2.18B | $1.48B | $223.4M |
| EMEA Streaming | $2.83B | $1.78B | $1.12B | $720.0M | $320.0M | $142.0M | $0 | $0 |
| LATAM Streaming | $1.56B | $1.08B | $833.0M | $688.0M | $393.0M | $146.0M | $74.0M | $0 |
| APAC Streaming | $622.0M | $367.0M | $0 | $0 | $0 | $0 | $0 | $0 |
| DVD & Other | $527.2M | $542.3M | $644.5M | $665.2M | $913.4M | $1.14B | $1.65B | $1.94B |
| Cost of Revenue | $8.03B | $6.26B | $4.59B | $3.75B | $3.12B | $2.65B | $2.04B | $1.36B |
| Gross Profit | $3.66B | $2.59B | $2.19B | $1.75B | $1.26B | $957.4M | $1.16B | $805.3M |
| Gross Margin | 31.3% | 29.3% | 32.3% | 31.8% | 28.7% | 26.5% | 36.3% | 37.2% |
| Operating Expenses | ||||||||
| Research & Development | $981.0M | $768.0M | $570.0M | $398.2M | $378.8M | $329.0M | $259.0M | $163.3M |
| SG&A Expense | $431.0M | $315.7M | $407.3M | $269.7M | $180.3M | $139.0M | $148.3M | $64.5M |
| Operating Income | $838.7M | $379.8M | $305.8M | $402.6M | $228.3M | $50.0M | $376.1M | $283.6M |
| Operating Margin | 7.2% | 4.3% | 4.5% | 7.3% | 5.2% | 1.4% | 11.7% | 13.1% |
| Interest Expense | $238.2M | $150.1M | $132.7M | $50.2M | $29.1M | $20.0M | $20.0M | $19.6M |
| Pretax Income | $485.3M | $260.5M | $141.9M | $349.4M | $171.1M | $30.5M | $359.5M | $267.7M |
| Income Tax Expense | $-73.6M | $73.8M | $19.2M | $82.6M | $58.7M | $13.3M | $133.4M | $106.8M |
| Net Income | $558.9M | $186.7M | $122.6M | $266.8M | $112.4M | $17.2M | $226.1M | $160.9M |
| Net Margin | 4.8% | 2.1% | 1.8% | 4.8% | 2.6% | 0.5% | 7.1% | 7.4% |
| EPS (Basic) | $0.13 | $0.04 | $0.03 | $0.06 | $0.03 | $0.00 | $0.06 | $0.04 |
| EPS (Diluted) | $0.13 | $0.04 | $0.03 | $0.06 | $0.03 | $0.00 | $0.06 | $0.04 |
| Shares Outstanding (Basic) | 4.32B | 4.29B | 4.26B | 4.21B | 4.07B | 3.89B | 3.70B | 3.68B |
| Shares Outstanding (Diluted) | 4.47B | 4.39B | 4.36B | 4.32B | 4.25B | 4.12B | 3.81B | 3.80B |
| Dividends Per Share | — | — | — | — | — | — | — | — |