Why did Netflix (NFLX) stock move recently?

On 7/17/2026, Netflix moved -7.3% — Netflix shares fell after the company reported Q2 results and issued Q3 guidance that missed analyst estimates on revenue and EPS, while narrowing its full-year outlook and announcing it would reduce the frequency of viewership reports. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Netflix (NFLX) overvalued or fairly valued?

MarketChacha shows Netflix's valuation in context — a trailing P/E of about 8.5, a forward P/E of about 19.2, a price-to-book of about 10.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Netflix's reported profit turn into cash?

Over 3 years, about 99% of reported profit turned into operating cash — most of it, but worth reading alongside the cash-flow statement. MarketChacha computes this cash-conversion check (0.99×) from reported figures — education, not a rating.

What is Netflix's revenue?

Netflix reported revenue of $45.2B for FY2025, with net profit of $11.0B, per official filings.

What is the share price of Netflix (NFLX)?

Netflix last traded at $73.63 (+1.7% on the day), as of 7/29/2026 — a delayed quote shown for education, not investment advice.

Netflix

NFLX · NASDAQ · Media · United States

Snapshot

TickerNFLX

ExchangeNASDAQ

SectorMedia

IndustryEntertainment

CountryUnited States

Employees16,000

HeadquartersLos Gatos, United States

Websitewww.netflix.com

Filings tracked19

About Netflix

Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages. It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.

Who owns it

Insiders0.6%
Institutions85.9%
Public & other13.5%

4,588 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.32%
Vanguard Capital Management LLC6.59%
FMR, LLC4.91%
State Street Corporation4.12%
Invesco Ltd.3.16%
Geode Capital Management, LLC2.49%
Capital World Investors2.38%
Price (T.Rowe) Associates Inc2.38%

Largest institutional holders — last updated 3/31/2026.

Forensic scorecard

Over 3 years, about 99% of reported profit turned into operating cash — most of it, but worth reading alongside the cash-flow statement.

Cash conversion0.99×

Over 3 years, about 99% of reported profit turned into operating cash — most of it, but worth reading alongside the cash-flow statement.

Net margin trend16.0% → 24.3%

Margin has expanded by about 8.3 points — the business is getting more profitable.

Return on equity41.3%

Latest ROE of 41.3% — capital is generating a healthy return.

Growth qualityrev 16% · PAT 42%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $13.5B · EPS 0.73

Est. earnings growth +30.5%

Next fiscal year

Rev $57.0B · EPS 3.81

Est. earnings growth +6.4%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$45.2B

Net margin

24.3%

ROE

41.3%

Revenue CAGR (2y)

+15.8%

Profit CAGR (2y)

+42.5%

EPS (FY2025)

2.53

Net profit (FY2025)

$11.0B

Ask MarketChacha about NFLX

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 17, 2026
Netflix shares fell after the company reported Q2 results and issued Q3 guidance that missed analyst estimates on revenue and EPS, while narrowing its full-year outlook and announcing it would reduce the frequency of viewership reports.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jul 2, 2026
Netflix shares rose on positive sentiment around upcoming ad revenue growth and live sports initiatives ahead of Q2 results, continuing momentum from the prior session amid a tech sell-off.
source 1 ↗source 2 ↗· confidence: low
Jul 1, 2026
Netflix shares rose as reports dismissed acquisition rumors regarding NBCUniversal, easing investor concerns after recent weakness and ahead of Q2 earnings.
source 1 ↗source 2 ↗· confidence: high
Jun 30, 2026
No specific company news or filing drove the move; Netflix shares fell while the broader market rose ahead of its July 16 earnings report.
· confidence: low
Jun 26, 2026
Netflix shares rose on positive investor sentiment toward its live sports strategy (including NFL ties) and AI growth plans, rebounding from recent lows ahead of Q2 results.
source 1 ↗source 2 ↗· confidence: medium
Jun 22, 2026
Netflix shares fell sharply as reports confirmed the company was outbid by Fox for Roku and had earlier walked away from a Warner Bros. Discovery acquisition, disappointing investors on growth prospects.
source 1 ↗source 2 ↗source 3 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about NFLX

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$45.2B	$11.0B	2.53	24.3%	41.3%
FY2024	$39.0B	$8.7B	1.98	22.3%	35.2%
FY2023	$33.7B	$5.4B	1.20	16.0%	26.3%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$12.6B	$3.4B	0.80	27.1%
2026Q1	$12.2B	$5.3B	1.23	43.1%
2025Q3	$11.5B	$2.5B	5.87	22.1%
2025Q2	$11.1B	$3.1B	0.72	28.2%
2025Q1	$10.5B	$2.9B	0.66	27.4%
2024Q3	$9.8B	$2.4B	5.40	24.1%
2024Q2	$9.6B	$2.1B	4.88	22.5%
2024Q1	$9.4B	$2.3B	5.28	24.9%
2023Q3	$8.5B	$1.7B	3.73	19.6%
2023Q2	$8.2B	$1.5B	3.29	18.2%
2023Q1	$8.2B	$1.3B	2.88	16.0%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Other events, Exhibits
SEC7/22/2026material
10-Q filing
SEC7/17/2026
8-K — Results of operations, Exhibits
SEC7/16/2026material
8-K — Shareholder vote results, Other events
SEC6/5/2026material
8-K — Other events
SEC4/23/2026material
10-Q filing
SEC4/17/2026
8-K — Results of operations, Executive/director change, Exhibits
SEC4/16/2026material
8-K — Termination of agreement
SEC2/27/2026material
10-K filing
SEC1/23/2026
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC1/20/2026material
8-K — Results of operations, Exhibits
SEC1/20/2026material

2025

8-K — Material agreement, Material financial obligation, Exhibits
SEC12/22/2025material
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC12/5/2025material
8-K/A — Exhibits
SEC12/5/2025
8-K — Bylaw/charter change, Exhibits
SEC11/14/2025material
8-K — Executive/director change, Exhibits
SEC11/4/2025material
8-K — Other events, Exhibits
SEC10/30/2025material
10-Q filing
SEC10/22/2025
8-K — Results of operations, Exhibits
SEC10/21/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.