--- title: "Netflix: Competitors" description: "Netflix compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen." canonical: https://www.getswoopr.com/stocks/companies/netflix/competitors/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Netflix: Competitors & Industry Structure ## Direct Answer SEC EDGAR classifies Netflix under SIC major group 78. Among Swoopr's S&P 500 Equal Weight companies, 11 others share that classification; by latest reported revenue, Netflix ranks 1 of 12. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes. ## How Does Netflix Compare With Its Peers? | Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin | | --- | --- | --- | --- | --- | | **Netflix (NFLX)** | $45.2 billion FY2025 | 15.9% | 29.5% | 24.3% | | [AMC Entertainment Holdings Inc. (AMC)](https://www.getswoopr.com/stocks/companies/amc-entertainment-holdings-inc/) | $4.8 billion FY2025 | 4.6% | -0.4% | -13.0% | | [Starz Entertainment Corp. (STRZ)](https://www.getswoopr.com/stocks/companies/starz-entertainment-corp/) | $1.4 billion FY2025 | -1.6% | -12.4% | -15.4% | | [Marcus Corporation (The) (MCS)](https://www.getswoopr.com/stocks/companies/marcus-corporation-the/) | $758 million FY2025 | 3.1% | 2.2% | 1.7% | | [FuboTV Inc. (FUBO)](https://www.getswoopr.com/stocks/companies/fubotv-inc/) | $402 million FY2024 | -70.6% | -48.7% | -42.8% | | [Angel Studios Inc. (ANGX)](https://www.getswoopr.com/stocks/companies/angel-studios-inc/) | $322 million FY2025 | 233.2% | -51.0% | -53.0% | | [Reading International Inc (RDIB)](https://www.getswoopr.com/stocks/companies/reading-international-inc/) | $203 million FY2025 | -3.6% | -2.6% | -7.0% | | [CuriosityStream Inc. (CURI)](https://www.getswoopr.com/stocks/companies/curiositystream-inc/) | $72 million FY2025 | 40.1% | -10.2% | -9.0% | | [Cineverse Corp. (CNVS)](https://www.getswoopr.com/stocks/companies/cineverse-corp/) | $66 million FY2026 | -15.9% | -23.1% | -13.2% | | [Kartoon Studios Inc. (TOON)](https://www.getswoopr.com/stocks/companies/kartoon-studios-inc/) | $39 million FY2025 | 20.7% | -32.8% | -0.1% | | [Mega Matrix Inc. (MPU)](https://www.getswoopr.com/stocks/companies/mega-matrix-inc/) | $26 million FY2025 | -27.9% | -110.8% | -131.4% | | [Gaia Inc. (GAIA)](https://www.getswoopr.com/stocks/companies/gaia-inc/) | $5 million FY2025 | 55.2% | -113.4% | -99.9% | Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care. ![Bar chart of operating margin for Netflix and 7 peers: Netflix (NFLX) 29.5%, AMC Entertainment Holdings Inc. (AMC) -0.4%, Starz Entertainment Corp. (STRZ) -12.4%, Marcus Corporation (The) (MCS) 2.2%, FuboTV Inc. (FUBO) -48.7%, Angel Studios Inc. (ANGX) -51.0%, Reading International Inc (RDIB) -2.6%, CuriosityStream Inc. (CURI) -10.2%.](https://www.getswoopr.com/images/charts/netflix-competitors-peer-margins.webp) *Operating margin of Netflix against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.* ## Where These Numbers Come From Every figure on this page is a value Netflix reported in its own SEC filings, read from the SEC's XBRL data (accession 0001065280-26-000034 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### Who are Netflix's competitors? Companies sharing Netflix's SEC classification (SIC major group 78) include AMC Entertainment Holdings Inc. (AMC), Starz Entertainment Corp. (STRZ), Marcus Corporation (The) (MCS), FuboTV Inc. (FUBO), Angel Studios Inc. (ANGX). Its 10-K names the competitors it considers most relevant. ### How does Netflix compare with its peers on margins? Netflix's fiscal 2025 operating margin was 29.5%, against a peer median of -23.1%. ### How are these peers chosen? By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict. ## References - [SEC EDGAR: NETFLIX INC Form 10-K filed January 23, 2026](https://www.sec.gov/Archives/edgar/data/1065280/000106528026000034/nflx-20251231.htm) - [SEC EDGAR: NETFLIX INC annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1065280&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Netflix company dossier](https://www.getswoopr.com/stocks/companies/netflix/) - [Netflix financial metrics](https://www.getswoopr.com/stocks/companies/netflix/metrics/) - [Netflix financial risk indicators](https://www.getswoopr.com/stocks/companies/netflix/risks/) - [Netflix peer comparison](https://www.getswoopr.com/stocks/companies/netflix/competitors/) - [Netflix business model and revenue mix](https://www.getswoopr.com/stocks/companies/netflix/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).