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Netflix, Inc.

Profit loss statement


Fiscal year (January-December). In USD Millions. 2021 2020

Sales/Revenue 29,698 24,996


Sales Growth 18.81% 24.01%

COGS (excluding D&A) 4,894 4,354


COGS Growth 13.46% 22.80%

Gross Income 12,365 9,720


Gross Income Growth 27.22% 25.96%
Gross Profit Margin 41.64%

Selling, General and Administrative expenses (SG&A) 6,171 5,134


Research & Development 2,274 1,830
Other SG&A 3,305
SGA Growth 20.18% 0.44%

Earnings before interest and taxes (EBIT) 6,195 4,585


Non Operating Income/Expense 411 -618

Interest Expense 766 767


Interest Expense Growth -0.24% 22.60%
Gross Interest Expense 766 767

Pretax Income 5,840 3,199


Pretax Income Growth 82.54% 55.14%
Pretax Margin

Income Tax 724 438


Income Tax - Current Domestic 167 90
Income Tax - Current Foreign 357 278
Income Tax - Deferred Domestic 186 107
Income Tax - Deferred Foreign 13 -37

Net Income 5,116 2,761


Net Income Growth 85.28% 47.91%

Net Margin 17.23%


EPS (Basic) 11.24 6.08

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