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Netflix vs Disney: who makes more money?

Disney is bigger: $94.4 billion in revenue against $45.2 billion for Netflix, about 2.1 times as much. But Netflix keeps more of each sale: $24.30 of every $100 versus $13.14. Across 5 rounds from their latest annual reports, Netflix wins 3.

From each company's latest Form 10-K: Netflix (year ended December 31, 2025) and Disney (year ended September 27, 2025). Page updated November 8, 2026.

3Netflix
–
2Disney

Revenue Money coming in

Netflix
$45.2 billion
DisneyWins
$94.4 billion

Net profit After every cost and tax

Netflix
$11.0 billion
DisneyWins
$12.4 billion

Kept per $100 of sales Profit margin

NetflixWins
$24.30
Disney
$13.14

Employees As each 10-K states it

Netflix
16,000
DisneyMore
231,000

Revenue per employee Revenue ÷ employees

NetflixWins
$2.82 million
Disney
$408,766

Growth over 5 years Revenue, first to latest year shown

NetflixWins
+81%
Disney
+44%

How each one makes its money.

Netflix

Netflix makes its money from monthly memberships, including a cheaper plan with ads. It reports one business, so its 10-K shows no split by product.

Netflix makes its money from monthly memberships, including a cheaper plan with ads. It reports one business, so its 10-K shows no split by product. Its 10-K does not split revenue into separate lines.

How Netflix makes money
Disney

Disney makes money from theme parks and cruises, streaming and TV (Disney+, Hulu, ESPN), movies, and toys and licensing.

Entertainment$42.5B44% of total
Parks and experiences$36.2B38% of total
Sports (ESPN)$17.7B18% of total
How Disney makes money

Quick answers.

Who makes more money, Netflix or Disney?

Disney: $94.4 billion in revenue against $45.2 billion.

Which is more profitable, Netflix or Disney?

Netflix keeps more of each dollar ($24.30 of every $100). In total profit, Disney made more: $12.4 billion.

Which has more employees, Netflix or Disney?

Disney, with about 231,000 against 16,000.

Swap in another company

Sources: Netflix, Inc. Form 10-K and The Walt Disney Company Form 10-K on SEC EDGAR. Fiscal years can end in different months, so each side uses its own latest year. Profit means net income.