MCHX
Marchex, Inc.
MCHX's outlook is improving, though it still trails on the overall score.
NFLX
Netflix, Inc.
NFLX has the edge over MCHX overall, supported by stronger valuation and stronger fundamentals.
MCHX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Under pressure | |
| Strong |
MCHX's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
NFLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
NFLX's revenue, profitability, cash flow and balance sheet are all currently healthy.
MCHX PE Valuation
MCHX has no meaningful PE right now: it lost money over the past year.
NFLX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $62.69 | — |
| Current | 18x | $62.69 | — |
| Cheap | 27x | $94.95 | +51% |
| Fair | 47x | $161 | +157% |
| Expensive | 81x | $281 | +348% |
Historical ranges are pointers, not guarantees.
NFLX's PE is in its cheap range at 18x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
MCHX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for MCHX, with profitability improving.
NFLX Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for NFLX, with profitability improving.
MCHX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | — |
| Q2 2026 | -$0.12 | -$0.02 |
| Q1 2026 | -$0.11 | +$0.01 |
| Q4 2025 | -$0.11 | $0.00 |
| Q3 2025 | -$0.10 | -$0.01 |
| Q2 2025 | -$0.10 | +$0.01 |
| Q1 2025 | -$0.12 | +$0.03 |
| Q4 2024 | -$0.11 | +$0.11 |
| Q3 2022 | -$0.14 | +$0.02 |
MCHX is still losing money, but less than at its worst: $0.12 per share over the past year, against $0.22 at its worst in late 2023.
NFLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.58 | +3.5% |
| Q3 2026 | $3.46 | +45% |
| Q2 2026 | $3.18 | +35% |
| Q1 2026 | $3.10 | +46% |
| Q4 2025 | $2.53 | +28% |
| Q3 2025 | $2.39 | +35% |
| Q2 2025 | $2.35 | +47% |
| Q1 2025 | $2.12 | +47% |
| Q4 2024 | $1.98 | +65% |
NFLX has the edge over MCHX on earnings quality, reporting a profit while its opponent remains loss making.
MCHX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $11M | -5.6% |
| Q1 2026 | $10.6M | -6.9% |
| Q4 2025 | $10.8M | -9% |
| Q3 2025 | $11.5M | -8.3% |
| Q2 2025 | $11.7M | -3.5% |
| Q1 2025 | $11.4M | -1.5% |
| Q4 2024 | $11.9M | -3.8% |
| Q3 2024 | $12.6M | -1.8% |
MCHX's revenue has slid since its 2019 peak: $11M last quarter, down 5.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -3.1% | +1.5 points |
| Q1 2026 | -13% | +3.7 points |
| Q4 2025 | -22% | -8.6 points |
| Q3 2025 | -8.2% | -1.6 points |
| Q2 2025 | -4.6% | +1.4 points |
| Q1 2025 | -16% | -5.1 points |
| Q4 2024 | -13% | -4.3 points |
| Q3 2024 | -6.6% | +3.8 points |
MCHX's operating margin was −3.1% last quarter, up 1.5 points from the same quarter a year ago, near the top of its range since 2019.
NFLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $12.9B | +12% |
| Q2 2026 | $12.6B | +13% |
| Q1 2026 | $12.2B | +16% |
| Q4 2025 | $12.1B | +18% |
| Q3 2025 | $11.5B | +17% |
| Q2 2025 | $11.1B | +16% |
| Q1 2025 | $10.5B | +13% |
| Q4 2024 | $10.2B | +16% |
NFLX has the edge over MCHX on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +6.4 points |
| Q2 2026 | 33% | -0.7 points |
| Q1 2026 | 32% | +0.5 points |
| Q4 2025 | 25% | +2.4 points |
| Q3 2025 | 28% | -1.4 points |
| Q2 2025 | 34% | +6.8 points |
| Q1 2025 | 32% | +3.7 points |
| Q4 2024 | 22% | +5.2 points |
NFLX has the edge over MCHX on profitability, with a higher operating margin.
MCHX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$651K | -243% |
| Q1 2026 | -$957K | +$2M |
| Q4 2025 | $116K | -84% |
| Q3 2025 | $897K | +351% |
| Q2 2025 | $454K | +1035% |
| Q1 2025 | -$2.9M | -$429K |
| Q4 2024 | $710K | -21% |
| Q3 2024 | $199K | +$579K |
MCHX has burned cash in most quarters: −$595,000 over the past year, against −$2M the year before.
NFLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.9B | +8.4% |
| Q2 2026 | $1.5B | -33% |
| Q1 2026 | $5.1B | +91% |
| Q4 2025 | $1.9B | +36% |
| Q3 2025 | $2.7B | +21% |
| Q2 2025 | $2.3B | +87% |
| Q1 2025 | $2.7B | +25% |
| Q4 2024 | $1.4B | -13% |
NFLX has the edge over MCHX on cash generation, producing positive trailing cash flow while its opponent burns cash.
MCHX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +5.5M shares |
| 1 year | 0% | -- |
| 3 years | +3% | +1.4M shares |
| 5 years | +0.1% | +70K shares |
| Available history | -3.5% | -1.7M shares |
MCHX has 49M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
NFLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -66.2M shares |
| 1 year | -3.3% | -145M shares |
| 3 years | -6.8% | -305M shares |
| 5 years | -7.8% | -354M shares |
| Available history | -7.1% | -323M shares |
NFLX has the edge over MCHX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.8B |
| Q2 2026 | $4.7B |
| Q1 2026 | $1.3B |
| Q4 2025 | $2.1B |
| Q3 2025 | $1.9B |
| Q2 2025 | $1.7B |
| Q1 2025 | $3.5B |
| Q4 2024 | $963.7M |
NFLX spent $12.9B buying back its own shares over the past year, up 61% from the year before.
MCHX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | -10.9x | Net Cash |
| Q1 2022 | -5.4x | Net Cash |
| Q4 2021 | -27.6x | Net Cash |
| Q4 2019 | -28.7x | Net Cash |
| Q3 2019 | -23.5x | Net Cash |
MCHX has more cash than debt.
NFLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.7x | Very low |
NFLX's net debt is less than a year of its operating earnings (EBITDA).
MCHX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.7 | Neutral |
| Stochastic | 26.9 | Neutral |
MCHX's weekly RSI is 44 (neutral) and its Stochastic is 27 (neutral).
NFLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.2 | Neutral |
| Stochastic | 6.0 | Oversold |
NFLX's weekly RSI is 33 (neutral) and its Stochastic is 6 (oversold).
MCHX PE vs Communication Services Sector
MCHX has no meaningful PE right now: it lost money over the past year.
NFLX PE vs Communication Services Sector
| Metric | NFLX | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 16x | 9.8% above |
| PE % | 4 | 26 | 22 pts below |
NFLX is trading at 18x earnings, in line with the Communication Services sector's median of 16x.
MCHX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.32 | 4.5% above |
| 20 week MA | $1.55 | 11% below |
| 50 week MA | $1.58 | 13% below |
| 100 week MA | $1.71 | 19% below |
| 200 week MA | $1.69 | 18% below |
MCHX has the edge over NFLX on trend strength, trading above more of its moving averages.
NFLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $66.6 | 5.9% below |
| 20 week MA | $71.8 | 13% below |
| 50 week MA | $82.4 | 24% below |
| 100 week MA | $96.0 | 35% below |
| 200 week MA | $74.4 | 16% below |
NFLX is in a downtrend: it's below all five of its weekly moving averages, and 16% below its 200-week average.
MCHX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.77 | $2.15 | -43% |
| 2021 | $2.15 | $2.71 | +26% |
| 2022 | $2.71 | $1.71 | -37% |
| 2023 | $1.71 | $1.36 | -20% |
| 2024 | $1.36 | $1.88 | +38% |
| 2025 | $1.88 | $1.67 | -11% |
| 2026 YTD | $1.67 | $1.38 | -17% |
MCHX has the edge over NFLX on returns for 2026, with the stronger performance.
NFLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.9 | $51.4 | +56% |
| 2021 | $51.4 | $61.4 | +19% |
| 2022 | $61.4 | $29.5 | -52% |
| 2023 | $29.5 | $48.7 | +65% |
| 2024 | $48.7 | $90.8 | +86% |
| 2025 | $90.8 | $94.5 | +4.1% |
| 2026 YTD | $94.5 | $62.7 | -34% |
NFLX is down 34% so far in 2026, after finishing higher in five of the previous six years.