Netflix Q3 FY26: where the revenue came from and where it went
The whole income statement of Netflix for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2026
- Reported
- Oct 21, 2026
Revenue$12.87B
+12% year over year
Gross profit$6.80B
53% margin
Operating profit$4.46B
35% margin
Net profit$3.66B
28% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 12.87 | 100% | +12% |
| United States & Canada | 5.43 | 42% | |
| Europe, Middle East | 4.03 | 31% | |
| Latin America | 1.58 | 12% | |
| Asia-Pacific | 1.51 | 12% | |
| Other | 0.31 | 3% | |
| Cost of revenue | −6.08 | 47% | |
| Gross profit | 6.80 | 53% margin | +6pp |
| R&D | −1.03 | 8% | +1pp |
| Sales & marketing | −0.84 | 6% | +0pp |
| G&A | −0.47 | 4% | +0pp |
| Operating profit | 4.46 | 35% margin | +6pp |
| Interest & other costs | −0.14 | ||
| Tax | −0.65 | ||
| Net profit | 3.66 | 28% margin | +6pp |
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