NFLX
Netflix, Inc.
NFLX's fundamentals are strong and it looks cheap: trading at 18x earnings, less than half its usual 47x. Analysts expect strong earnings growth.
NN
NextNav Inc.
There isn't enough reported data to score NN yet.
NFLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
NFLX's revenue, profitability, cash flow and balance sheet are all currently healthy.
NN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Weak | |
| Unavailable |
NN's revenue is currently stable, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
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.
NN PE Valuation
NN has no meaningful PE right now: it lost money over the past year.
NFLX Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for NFLX, with profitability improving.
NN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect NN's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
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 NN on earnings quality, reporting a profit while its opponent remains loss making.
NN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.77 | +$0.52 |
| Q2 2026 | -$0.85 | +$0.43 |
| Q1 2026 | -$1.09 | -$0.08 |
| Q4 2025 | -$1.42 | -$0.58 |
| Q3 2025 | -$1.29 | -$0.54 |
| Q2 2025 | -$1.28 | -$0.43 |
| Q1 2025 | -$1.01 | -$0.22 |
| Q4 2024 | -$0.84 | -$0.18 |
NN is still losing money, but far less than before: $0.77 per share over the past year, against $8.86 at its worst in late 2020.
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 NN 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 NN on profitability, with a higher operating margin.
NN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6M | +78% |
| Q2 2026 | $1.2M | -4.3% |
| Q1 2026 | $995K | -35% |
| Q4 2025 | $945K | -51% |
| Q3 2025 | $887K | -45% |
| Q2 2025 | $1.2M | +8.8% |
| Q1 2025 | $1.5M | +47% |
| Q4 2024 | $1.9M | +59% |
NN's revenue is recovering but still below its 2024 peak: $2M last quarter, up 78% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -1239% | +1000 points |
| Q2 2026 | -1761% | -327 points |
| Q1 2026 | -1944% | -839 points |
| Q4 2025 | -1706% | -934 points |
| Q3 2025 | -2240% | -1378 points |
| Q2 2025 | -1434% | -47 points |
| Q1 2025 | -1105% | +439 points |
| Q4 2024 | -773% | +881 points |
NN's operating margin was −1239% last quarter, up 1000 points from the same quarter a year ago.
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 NN on cash generation, producing positive trailing cash flow while its opponent burns cash.
NN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$12.4M | -$3.4M |
| Q2 2026 | -$18M | -$4.4M |
| Q1 2026 | -$10.1M | +$2.2M |
| Q4 2025 | -$16.1M | -$3.9M |
| Q3 2025 | -$9M | -$2.2M |
| Q2 2025 | -$13.6M | -$1.1M |
| Q1 2025 | -$12.2M | -$5.2M |
| Q4 2024 | -$12.1M | -$1.1M |
NN has burned cash in almost every quarter: −$57M over the past year, against −$47M the year before.
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 NN 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.
NN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +19% | +27.2M shares |
| 1 year | +28% | +36.5M shares |
| 3 years | +77% | +73.3M shares |
NN has 169M diluted shares, up 28% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | $3,000 |
| Q2 2022 | $999 |
| Q1 2022 | $1.00 |
| Q4 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
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).
NN Net Leverage
NN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
NN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.2 | Neutral |
| Stochastic | 13.5 | Oversold |
NN's weekly RSI is 35 (neutral) and its Stochastic is 13 (oversold).
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.
NN PE vs Communication Services Sector
NN has no meaningful PE right now: it lost money over the past year.
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.
NN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.2 | 22% below |
| 20 week MA | $13.7 | 36% below |
| 50 week MA | $16.1 | 46% below |
| 100 week MA | $14.9 | 41% below |
| 200 week MA | $10.3 | 16% below |
NN is in a downtrend: it's below all five of its weekly moving averages, and 16% below its 200-week average.
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 has the edge over NN on returns for 2026, with the stronger performance.
NN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.89 | $10.1 | +1.9% |
| 2021 | $10.1 | $8.83 | -12% |
| 2022 | $8.83 | $2.80 | -68% |
| 2023 | $2.80 | $4.45 | +59% |
| 2024 | $4.45 | $16.7 | +276% |
| 2025 | $16.7 | $17.1 | +2% |
| 2026 YTD | $17.1 | $8.71 | -49% |
NN's yearly returns have swung widely, from +276% in 2024 to −68% in 2022. It's down 49% so far in 2026.