Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $24,996 | $29,698 | $31,616 | $33,723 | $39,001 |
| Gross Profit | $2,479 | $12,365 | $12,447 | $14,008 | $17,963 |
| Operating Income | $4,585 | $6,195 | $5,633 | $6,954 | $10,418 |
| Net Income | $2,761 | $5,116 | $4,492 | $5,408 | $8,712 |
Over the five-year period, Netflix’s revenue has steadily increased from approximately USD 25 billion in 2020 to nearly USD 39 billion in 2024. This represents robust growth that reflects the company’s ability to expand its subscriber base and generate higher topline sales despite evolving market competition. Notably, a significant jump occurred between 2020 and 2021, where revenue grew by roughly 19%. Gross profit experienced an even more dramatic swing, leaping from about USD 2.48 billion in 2020 to over USD 12.37 billion in 2021—a change exceeding 400%—and consistently rose to roughly USD 17.96 billion by 2024, indicating improvements in production efficiency and content monetization. Operating income and net income trended similarly. Operating income, after an initial rise from USD 4.59 billion in 2020 to USD 6.19 billion in 2021, dipped slightly to around USD 5.63 billion in 2022 before rebounding to USD 6.95 billion in 2023 and surging to over USD 10.42 billion in 2024. Net income followed a similar pattern: an increase from around USD 2.76 billion in 2020 to USD 5.12 billion in 2021, a modest decline to USD 4.49 billion in 2022, then recovery and a strong performance in 2023 and 2024, ending at roughly USD 8.71 billion. These fluctuations, particularly the >20% changes in gross profit and subsequent income line items, may result from shifts in content expenditure, pricing strategies, or operational efficiencies. Overall, the data indicate healthy financial sustainability as Netflix continues to scale its operations and strengthen profit margins within the competitive streaming landscape.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.