Netflix (NFLX) Revenue — Quarter Ended Mar 31, 2023
Revenue rose for the quarter, extending a multi-quarter upward trend. Both sequential and year-over-year comparisons showed gains.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue rose for the quarter, extending a multi-quarter upward trend. Both sequential and year-over-year comparisons showed gains.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.2B
Revenue reported for this quarter.
Quarter-over-quarter
+3.9%
Change from the immediately preceding quarter.
Year-over-year
+3.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$31.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $8B | +8.6% |
| Sep 30, 2022 | $7.9B | +5.9% |
| Dec 31, 2022 | $7.9B | +1.9% |
| Mar 31, 2023 | $8.2B | +3.7% |
Revenue performance
The company reported higher revenue compared to both the prior quarter and the same quarter last year.
Quarterly comparison
Revenue increased from the immediately preceding quarter, and also exceeded the level from one year earlier.
What to watch
Monitor changes in cash flow and debt levels, as the filing noted an increase in cash and a slight rise in debt.