NFLX · Q2 FY26 · Jun 30, 2026
Netflix Q2 FY26: where the revenue came from and where it went
Netflix Q2 FY26: revenue $12.6B (+13% year over year). Net profit $3.4B. Largest cohort United States and Canada $5.4B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jun 30, 2026
- Reported
- Jul 17, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$12.6B
+13% year over year
Gross profit$6.5B
52% margin
Operating profit$4.2B
33% margin
Net profit$3.4B
27% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 12.6 | 100% | +13% |
| United States and Canada | 5.4 | 43% | +10% |
| EMEA | 4 | 32% | +14% |
| Latin America | 1.6 | 13% | +21% |
| Asia Pacific | 1.5 | 12% | +16% |
| Cost of revenue | −6 | 48% | |
| Gross profit | 6.5 | 52% margin | +0pp |
| Research & development | −1 | 8% | +1pp |
| Sales & marketing | −0.8 | 7% | +0pp |
| G&A | −0.5 | 4% | +0pp |
| Operating profit | 4.2 | 33% margin | −1pp |
| Tax | −0.7 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 3.4 | 27% | −1pp |
Older quarters
-
Q1 FY26 3/2026Revenue $12.2B Net margin 43%
-
Q4 FY25 12/2025Revenue $12.1B Net margin 20%
-
Q3 FY25 9/2025Revenue $11.5B Net margin 22%
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