Netflix (NFLX) Retained Earnings : $29,432 Mil (As of Sep. 2024)

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What is Netflix Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Netflix's retained earnings for the quarter that ended in Sep. 2024 was $29,432 Mil.

Netflix's quarterly retained earnings increased from Mar. 2024 ($24,921 Mil) to Jun. 2024 ($27,069 Mil) and increased from Jun. 2024 ($27,069 Mil) to Sep. 2024 ($29,432 Mil).

Netflix's annual retained earnings increased from Dec. 2021 ($12,689 Mil) to Dec. 2022 ($17,181 Mil) and increased from Dec. 2022 ($17,181 Mil) to Dec. 2023 ($22,589 Mil).

Netflix Retained Earnings Historical Data

The historical data trend for Netflix's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Netflix Retained Earnings Chart

Netflix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4,811.75

7,573.14

12,689.37

17,181.30

22,589.29

Netflix Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															21,651.45	22,589.29	24,921.50	27,068.80	29,432.31

Netflix Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Netflix (NAS:NFLX) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Netflix Business Description

Industry

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Address

121 Albright Way, Los Gatos, CA, USA, 95032

Website

https://www.netflix.com

Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 280 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.

Executives

Reed Hastings	director, 10 percent owner, officer: CEO, other: CEO	121 ALBRIGHT WAY, LOS GATOS CA 95032
Anne M Sweeney	director	C/O 121 ALBRIGHT WAY, LOS GATOS CA 95032
Leslie J Kilgore	director	121 ALBRIGHT WAY, LOS GATOS CA 95032
Timothy M Haley	director	3000 SAND HILL ROAD, 2-290, MENLO PARK CA 94025
Spencer Adam Neumann	officer: Chief Financial Officer	SIERRA INCOME CORPORATION, 375 PARK AVE., SUITE 3304, NEW YORK NY 10152
Gregory K Peters	officer: Intl. Development Officer	C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032
David A Hyman	officer: General Counsel	C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032
Theodore A Sarandos	officer: Chief Content Officer	C/O NETFLIX, INC, 121 ALBRIGHT WAY, LOS GATOS CA 95032
Richard N Barton	director	C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019
Jay C Hoag	director	250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Ann Mather	director
Jeffrey William Karbowski	officer: Chief Accounting Officer	121 ALBRIGHT WAY, LOS GATOS CA 95032
Kenneth A Barker	officer: Chief Accounting Officer	C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Dicus Marian Lee	officer: Chief Marketing Officer	526 WEST 111TH STREET, APARTMENT 3C, NEW YORK NY 10025
Meabe Sergio Ezama	officer: Chief Talent Officer	59 HILLSIDE ROAD, GREENWICH CT 06830