Who ranks for “is netflix profitable”

Yes, Netflix is profitable, with a strong 2024 performance including record revenue, growing subscriber base, and significant operating income, though a one-off tax charge impacted its third-quarter margin. The company is generating strong free cash flow and expanding its advertising business, which is contributing to its profitability.

Strong recent results : Netflix reported double-digit revenue growth in Q3 2025, reaching $11.5 billion, with a 28.2% operating margin before a one-off tax charge in Brazil. Increased profitability : The company's full-year 2024 operating margin is expected to increase to 28%, up from 27% in the previous year, and it generated over $10 billion in operating income for 2024. Revenue growth : Revenue grew significantly in 2024, reaching $39 billion, driven by increasing paid memberships and a growing advertising business. Advertising is growing : The company's advertising business is growing rapidly, with co-CEO Gregory Peters stating that it is on track to more than double its ad revenue in 2025. Strong free cash flow : Netflix is on track to generate approximately $9 billion in free cash flow in 2025. Focus on revenue : The company is shifting its focus from subscriber numbers to revenue and income, as it tests new revenue models like advertising and adjusts pricing.