Home
>
US Stocks
>
NetFlix Inc
NetFlix Inc
NFLX

NetFlix Inc (NFLX)

$665.711.78%

  • $

1D

1W

1M

1Y

3Y

5Y

Key Stats

Open$675.45
Today Low/High$661.58 / $675.45
52 Week Low/High$478.54 / $700.99
P/E ratio59.36
Market Cap$290.83B

Company Details

“Netflix Inc. is an American over-the-top (OTT) media service and video-rental company founded in 1997 in California, United States. It is currently one of the world's leading entertainment services, with its presence in more than 190 countries with over 200 million paid subscribers. The company offers TV series, feature films, and documentaries across multiple genres and languages on its platform. The OTT platform, which has revolutionized the entertainment space globally, has over 20 subsidiaries, including studio houses in various European and Asian nations. This year, the company made its biggest acquisition by adding the Roald Dahl Story Company (RDSC) to its portfolio. In 2021, the company also acquired Night School Studio to enhance gaming reach among the gaming savvy audiences. Netflix Inc. has also inked a multi-year deal with ​​Sony Pictures Entertainment for exclusive rights to stream the latter’s theatrical releases in the United States. Netflix Inc. has its shares listed in the US on the NASDAQ under the ticker name NFLX. The popular media-streaming platform posted revenue of $7.5 billion in the third quarter of 2021, registering a jump of 16% on a year-on-year basis. The company also reported a 33.5% increase in operating income, which climbed to $1.76 billion in 2021 Q3. Over 24 years in the industry, Netflix has won as many as 24 Academy Awards, popularly known as Oscars, and 112 Emmy Awards out of 619 nominations. Netflix’s production ‘Homecoming: A Film By Beyoncé’ won its first Grammy Award in 2020 under Best Music Film. Overall, other company’s productions have been nominated for the prestigious award five times to date. Netflix also has 22 Golden Globe Awards under its title. Currently NetFlix Inc has a market cap of $290.83 Billion. It has a P.E ratio of 59.36. The shares of NetFlix Inc are trading at $658.29. ” .
OrganisationNetFlix Inc
HeadquatersLos Gatos, California, US
IndustryConsumer Services
CEOReed Hastings
Company Financials
  • Annual P&L
  • Quarterly P&L

Discover more

NetFlix Inc Quarterly Results for Q2 (2021): Key Highlights

Revenue

In Q3, revenue increased 16% YoY to $7.5 billion matching street estimates. Revenue growth was driven by an 9% increase in average paid streaming memberships and 7% growth in average revenue per membership (ARM).

Income

In Q2 Operating income rose 36% YoY to $1.8 billion. Net income increased by 87.9% YoY to $1.3 billion compared to $720 million in the same period last year.

Margins and EPS

Operating margin of 25.2% expanded 3 percentage points compared with the year ago quarter. EPS in Q2 stood at $2.97 missing street estimates of $3.14.

Cashflow

In Q2, net cash generated by operating activities was $64 million compared to $1 billion in the prior year period. Free cash flow (FCF) for the quarter was $175 million vs. $899 million in Q2‘20. FCF in last year’s Q2 benefited from COVID-related production shutdowns.

Active Users

The company added 4.4 million users to finish the quarter with over 214 million paid memberships beating analyst estimates of around 3.8 million. For the second consecutive quarter, the APAC region was our largest contributor to membership growth with 2.2m paid net adds.

Income and Margins

In Q3 Operating income rose 33% YoY to $1.8 billion. Net income increased by 83.4% on year to $1.4 billion compared to $790 million in the same period last year.Operating margin of 23.5% expanded 3% points compared with the year ago quarter. EPS in Q3 stood at $3.19 beating street estimates of $2.56.

Best show

The company also gave a nod to the top show of the quarter, "Squid Game." Netflix said the South Korean series has become its "biggest TV show ever." The company said 142 million member households globally watched the show in its first four weeks.

Q4 Forecast

For Q4'21, they forecast paid net adds of 8.5m, consistent with Q4'20 paid net additions. For the full year 2021, the company forecasts an operating margin of 20% or slightly better. This means that Q4'21 operating margin will be approximately 6.5% compared with 14% in Q4'20.

Frequently Asked Questions

What is NetFlix Inc (NFLX) share price today?

Can Indians buy NetFlix Inc (NFLX) shares?

How can I buy NetFlix Inc (NFLX) shares from India?

Can Fractional shares of NetFlix Inc (NFLX) be purchased?

What are the documents required to start investing in NetFlix Inc (NFLX) stocks?

We are a SEBI registered investement advisor
Mutual Funds watchlist
aditya birla sun life flexi cap fund growth direct plan|ABSL low duration fund direct growth|axis bluechip fund direct growth|axis capital builder fund series 4|axis balanced advantage fund direct growth|axis equity saver fund direct growth|axis multicap fund direct growth|axis global innovation fund of fund direct growth|axis long term equity fund growth NAV|axis quant fund direct growth|axis small cap fund direct growth|axis value fund direct growth|baroda dynamic equity fund direct growth|BOI AXA bluechip fund|canara robeco flexi cap fund direct growth|canara robeco small cap fund direct growth|canara robeco value fund direct growth|DSP quant fund direct|franklin india smaller companies fund direct growth|HDFC arbitrage fund direct growth|HDFC balanced advantage fund direct growth|HDFC developed world index fund NAV|HDFC flexi cap fund direct growth|HDFC housing opportunities fund direct growth|HDFC hybrid equity fund direct growth|HDFC nifty 50 index fund|HDFC index fund sensex plan|HDFC mid cap opportunities direct plan growth|HDFC multi asset fund direct growth|HDFC small cap fund direct growth|HDFC top 100 fund direct growth|HSBC midcap fund direct growth|ICICI prudential balanced advantage fund|ICICI bluechip fund direct growth NAV|ICICI prudential commodities fund direct plan growth|ICICI nasdaq 100 fund direct growth|ICICI nifty next 50 index fund direct growth|ICICI small cap fund direct growth|ICICI prudential technology direct plan growth calculator|ICICI ultra short term fund direct growth|IDBI india top 100 equity fund direct growth|IDBI small cap fund direct growth|idfc us equity fund of fund direct growth|kotak short term fund direct growth|kotak emerging equity fund direct growth|kotak multicap fund direct growth|kotak global innovation fund of fund NAV|kotak gold fund direct growth|kotak savings fund direct growth|kotak small cap fund direct growth|L&T emerging businesses fund direct growth|mirae asset large cap fund direct growth|mirae asset midcap fund|motilal oswal nasdaq 100 fund of fund|navi nifty 50 index fund direct growth|nippon india banking and financial services fund direct growth|nippon banking fund direct|nippon india flexi cap fund NAV|nippon india large cap fund direct growth|nippon india pharma fund direct growth|nippon india small cap fund direct growth|PGIM small cap fund direct growth|quant flexi cap fund direct growth|quant infrastructure fund direct growth|quant tax plan direct plan growth|SBI bluechip fund direct growth|SBI corporate bond fund direct growth|SBI equity minimum variance fund direct growth|SBI flexi cap fund|SBI magnum children's benefit fund investment direct plan|SBI nifty index fund direct growth|SBI small cap fund direct growth|SBI technology opportunities fund direct growth|tata banking and financial services fund direct plan growth|tata business cycle fund|tata technology fund direct growth|tata equity pe fund direct growth|tata ethical fund direct growth NAV|tata focused fund direct growth|tata index fund nifty direct plan|tata india tax savings fund direct plan growth|UTI focused equity fund direct growth|UTI nifty index fund direct growth NAV|UTI nifty 50 index fund direct growth