They arent a profitable company in any shape or form. No streaming service is, but Netflix loses around $12B per year. It's all funny money with these streamers. Wall Street seems to love to hear about high subscriber numbers, which means building a large consumer base, but that eventually does need to be turned into a profit-making business, which it doesn't seem like Netflix is anywhere near (or even really attempting to achieve profitability right now).
Disney claims 2024 for profitability, but they also claim 100 new shows per year is on the agenda, so how both can be true is beyond me. Of course, once Comcast is out of Hulu and Disney can integrate Hulu/Star into Disney+ in the US, i'm expecting the price for Disney+ will skyrocket over here. It will over time anyway, but by 2024, i'm expecting Disney+ will be $15/month or so.