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.
ZH
Zhihu Inc.
There isn't enough reported data to score ZH yet.
NFLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
NFLX's revenue, profitability, cash flow and balance sheet are all currently healthy.
ZH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Weak | |
| Strong |
ZH's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are weak.
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.
ZH PE Valuation
ZH 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.
ZH Forward outlook
There aren't enough analyst estimates for ZH to show an outlook.
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 ZH on earnings quality, reporting a profit while its opponent remains loss making.
ZH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.56 | -333% |
| Q1 2026 | -$0.36 | -$0.33 |
| Q4 2025 | -$0.36 | -$0.08 |
| Q3 2025 | $0.17 | +$0.75 |
| Q2 2025 | $0.24 | +$1.23 |
| Q1 2025 | -$0.03 | +$1.24 |
| Q4 2024 | -$0.28 | +$0.99 |
| Q3 2024 | -$0.58 | +$0.80 |
ZH has swung to a loss: it lost $0.56 per share over the past year, after a profit the year before.
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 ZH 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 ZH on profitability, with a higher operating margin.
ZH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $103.3M | -3.1% |
| Q1 2026 | $97.2M | -11% |
| Q4 2025 | $95.2M | -27% |
| Q3 2025 | $98.9M | -20% |
| Q2 2025 | $106.6M | -24% |
| Q1 2025 | $109.3M | -25% |
| Q4 2024 | $130.9M | -22% |
| Q3 2024 | $124M | -20% |
ZH's revenue has slid since its 2023 peak: $103M last quarter, down 3.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -11% | +1.7 points |
| Q1 2026 | -9.7% | -2.4 points |
| Q4 2025 | -21% | -23 points |
| Q3 2025 | -15% | -5.2 points |
| Q2 2025 | -13% | +7 points |
| Q1 2025 | -7.2% | +16 points |
| Q4 2024 | 1.4% | +17 points |
| Q3 2024 | -10% | +24 points |
ZH's operating margin was −11% last quarter, up 1.7 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 ZH on cash generation, producing positive trailing cash flow while its opponent burns cash.
ZH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | -$63.7M | -$63.7M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
ZH's free cash flow was −$64M over the past year, against $0 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 4.2B diluted shares, down 3.3% from a year ago, with $12.9B in buybacks over the past year.
| 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.
ZH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -743K shares |
| 1 year | -4.7% | -3.8M shares |
| 3 years | -24% | -23.8M shares |
| 5 years | -21% | -20.4M shares |
| Available history | -23% | -22.6M shares |
ZH has the edge over NFLX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $55.5M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
ZH spent $55M buying back its own shares over the past year, after none the year before.
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).
ZH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -18.6x | Net Cash |
| Q2 2025 | -17.0x | Net Cash |
ZH has more cash than debt.
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).
ZH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.6 | Neutral |
| Stochastic | 14.7 | Oversold |
ZH's weekly RSI is 40 (neutral) and its Stochastic is 15 (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.
ZH PE vs Communication Services Sector
| Metric | ZH | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
ZH 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.
ZH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.21 | 18% below |
| 20 week MA | $3.14 | 16% below |
| 50 week MA | $3.23 | 18% below |
| 100 week MA | $3.75 | 30% below |
| 200 week MA | $4.55 | 42% below |
ZH is in a downtrend: it's below all five of its weekly moving averages, and 42% 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 is down 34% so far in 2026, after finishing higher in five of the previous six years.
ZH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $51.0 | $31.7 | -38% |
| 2022 | $31.7 | $8.40 | -73% |
| 2023 | $8.40 | $5.62 | -33% |
| 2024 | $5.62 | $3.71 | -34% |
| 2025 | $3.71 | $3.38 | -8.9% |
| 2026 YTD | $3.38 | $2.64 | -22% |
ZH has the edge over NFLX on returns for 2026, with the stronger performance.