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Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
80.33
+2.93 (3.79%)
At close: Sep 14, 2026, 4:00 PM EDT
80.20
-0.13 (-0.16%)
After-hours: Sep 14, 2026, 4:05 PM EDT

Netflix Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
13,65013,37410,98110,43110,2489,2708,7127,7817,0956,4355,4084,5254,2464,2004,4925,0445,0955,0075,1165,051
Depreciation & Amortization
372.41351.9333.39326.95320.53321.75328.91335.94345.69353.85356.95363.77358.3352.42336.68307.28292.34247.27208.41176.37
Other Amortization
17,29616,81716,42215,81915,51615,45415,30214,89414,76814,40814,19714,38814,46814,32014,02613,82313,13212,67812,23011,472
Stock-Based Compensation
487.33436.88368.45295.65280.32268.22272.59293.28307.35316.61339.37410.64482.98555.34575.45520.99464.01415.2403.22411.49
Other Operating Activities
-18,958-18,073-17,500-17,024-16,624-17,143-17,220-15,913-15,198-14,259-12,911-12,704-14,176-15,297-16,646-18,483-18,336-17,812-17,324-16,114
Change in Accounts Payable
100.1268.54-8.04129.4520.6-9.81121.3579.2-19.7937.9193.55.35127.61-32.77-158.54-98.34-127.3866.98145.1267.73
Change in Unearned Revenue
69.1133.72254.92211.63254.64140.2477.84207.26162.2207.61178.71110.9368.258.2227.36-15.3428.3585.8191.35142.43
Change in Other Net Operating Assets
-1,046-658.44-703.1-615.4-945.73-363.29-232.27-190.08-301.35-192.41-388.36-1,045-955.94-823.05-626.980.84156.64-149.43-478.44-548.53
Operating Cash Flow
11,97112,65010,1499,5759,0707,9387,3617,4877,1597,3087,2746,0554,6203,2822,0261,179704.69538.18392.61658.21
Operating Cash Flow Growth (YoY)
31.98%59.36%37.87%27.87%26.71%8.62%1.20%23.66%54.96%122.66%259.00%413.53%555.55%509.86%416.10%79.14%-61.69%-81.72%-83.82%-40.31%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-818.83-756.07-688.22-607.56-569.7-492.1-439.54-362.5-339.56-362.25-348.55-378.51-359.54-348.59-407.73-462.12-544.48-564.74-524.59-506.96
Cash Acquisitions
-602.94-602.94-17.19---------563.99-563.99-632.87-757.39-981.75-981.75-912.87-788.35-
Investment in Securities
172.41,1331,7471,747-167.54-1,128-1,742-1,249893.231,092890.3-514.2-914.2-1,113-911.28-----
Other Investing Activities
36.19----36.19------------21.3-22.3-26.92-24.96
Investing Cash Flow
-1,213-225.851,0421,140-773.44-1,620-2,182-1,612553.67729.69541.75-1,457-1,838-2,094-2,076-1,444-1,548-1,500-1,340-531.92

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Long-Term Debt Issued
------1,794-------------
Total Debt Issued
----1,7941,7941,7941,794------------
Long-Term Debt Repaid
---1,833----400--------700----500-
Total Debt Repaid
--1,033-1,833-1,833-1,833-800-400-400-400-400-----700-700-700-700-500-500
Net Debt Issued (Repaid)
--1,033-1,833-1,833-38.99994.461,3941,394-400-400-----700-700-700-700-500-500
Issuance of Common Stock
255.59364.67666.97892.9965.92915.61832.89582.3496.88412.84169.99125.2771.5648.135.75117.19131.52140.02174.41120.25
Repurchase of Common Stock
-9,969-6,909-9,173-8,054-7,893-7,834-6,272-7,806-8,604-7,647-6,045-3,545-1,045-400.1--224.17-324.17-824.19-824.19-600.02
Other Financing Activities
-0.9929.54-5.8147.73-17.19-45.4-29.74-19.03-42.78-75.45-75.45-71.75-38.92-------
Financing Cash Flow
-9,715-7,548-10,346-8,947-6,983-5,970-4,074-5,848-8,550-7,710-5,951-3,492-1,013-352.01-664.25-806.98-892.65-1,384-1,150-979.77

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
-120.56186.54386.5264.63239.8-170.4-416.3374.28-201.88-39.5382.68109.9152.56-132.27-170.14-340.94-224.73-56.05-86.74-15.83
Net Cash Flow
922.215,0631,2321,8321,554177.44688.82102.25-1,039288.571,9481,2171,822703.52-884.53-1,413-1,960-2,402-2,184-869.31

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
11,15211,8949,4618,9678,5017,4466,9227,1256,8196,9466,9265,6774,2602,9341,619717.01160.21-26.56-131.98151.25
Free Cash Flow Growth (YoY)
31.19%59.74%36.68%25.85%24.66%7.20%-0.06%25.51%60.07%136.77%327.90%691.71%2559.04%--374.06%-88.48%---76.57%
Free Cash Flow Margin
23.05%25.37%20.94%20.67%20.39%18.54%17.75%18.96%18.78%19.88%20.54%17.34%13.26%9.19%5.12%2.28%0.52%-0.09%-0.44%0.53%
Free Cash Flow Per Share
2.592.752.182.061.951.701.581.621.541.551.541.260.940.650.360.160.04-0.01-0.030.03
Levered Free Cash Flow
25,38825,99424,81823,36422,69521,78521,25421,64720,04719,51819,38418,02617,86117,38416,54516,86616,70016,20915,64914,543
Unlevered Free Cash Flow
25,91726,52825,30323,82323,16022,24121,70322,08620,47919,95519,82218,46018,29417,81716,98617,31917,16416,68316,12715,026

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Interest Paid
718.61718.61718.61674.5674.5674.5674.5684.5684.5684.5684.5701.69701.69701.69701.69763.43763.43763.43763.43762.9
Cash Income Tax Paid
2,2202,2202,2201,6421,6421,6421,6421,1551,1551,1551,155811.72811.72811.72811.72509.27509.27509.27509.27291.58
Change in Working Capital
-876.55-256.17-456.22-274.32-670.49-232.86-33.0896.39-158.9353.1-116.15-929.1-760.08-847.59-758.09-32.8457.613.37-241.98-338.37
SEC Filings: 10-K · 10-Q