FINHUB Insights

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 10-Q
Sankey diagram of Netflix's income statement for Q2 FY26: revenue of $12.6 billion splits into segments and flows out into costs, taxes and net profit.

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

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear 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−648%
Gross profit6.552% margin+0pp
Research & development−18%+1pp
Sales & marketing−0.87%+0pp
G&A−0.54%+0pp
Operating profit4.233% margin−1pp
Tax−0.7
Interest & other costs−0.1
Net profit3.427%−1pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters