| Income Statement for Netflix, Inc. |
| (Amounts are in millions) |
|
12/2019 |
|
12/2018 |
|
12/2017 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$20,156.45 |
|
$15,794.34 |
|
$11,692.71 |
| Cost of Goods Sold |
|
$12,440.21 |
|
$9,967.54 |
|
$7,659.67 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$7,716.23 |
|
$5,826.80 |
|
$4,033.05 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$1,545.15 |
|
$1,221.81 |
|
$1,052.78 |
| Selling, General, & Admin. Expense |
|
$3,566.83 |
|
$2,999.76 |
|
$2,141.59 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$2,604.25 |
|
$1,605.23 |
|
$838.68 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
$84.00 |
|
$0.00 |
|
$0.00 |
| Interest Expense |
|
$626.02 |
|
$378.77 |
|
$353.36 |
|
|
|
|
|
|
|
| Pretax Income |
|
$2,062.23 |
|
$1,226.46 |
|
$485.32 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$195.32 |
|
$15.22 |
|
($73.61) |
| Minority Interest |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$1,866.92 |
|
$1,211.24 |
|
$558.93 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$1,866.92 |
|
$1,211.24 |
|
$558.93 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$4.26 |
|
$2.78 |
|
$1.29 |
| Diluted Earnings Per Share |
|
$4.13 |
|
$2.68 |
|
$1.25 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
437.80 |
|
435.37 |
|
431.89 |
| Weighted Average Diluted Shares Outstanding |
|
451.77 |
|
451.24 |
|
446.81 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$1,866.92 |
|
$1,211.24 |
|
$558.93 |
| Income From Non-Recurring Items |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Diluted Earnings Per Share before extras |
|
$4.13 |
|
$2.68 |
|
$1.25 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Dividend Per Share (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
