Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
85.70
-0.42 (-0.49%)
At close: Jan 26, 2026, 4:00 PM EST
85.76
+0.06 (0.07%)
Pre-market: Jan 27, 2026, 6:23 AM EST
Netflix Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 | +20 Quarters |
Net Income | 10,981 | 10,431 | 10,248 | 9,270 | 8,712 | 7,781 | 7,095 | 6,435 | 5,408 | 4,525 | 4,246 | 4,200 | 4,492 | 5,044 | 5,095 | 5,007 | 5,116 | 5,051 | 4,392 | 3,759 | Upgrade |
Depreciation & Amortization | 333.39 | 326.95 | 320.53 | 321.75 | 328.91 | 335.94 | 345.69 | 353.85 | 356.95 | 363.77 | 358.3 | 352.42 | 336.68 | 307.28 | 292.34 | 247.27 | 208.41 | 176.37 | 134.71 | 122.93 | Upgrade |
Other Amortization | 16,422 | 15,819 | 15,516 | 15,454 | 15,302 | 14,894 | 14,768 | 14,408 | 14,197 | 14,388 | 14,468 | 14,320 | 14,026 | 13,823 | 13,132 | 12,678 | 12,230 | 11,472 | 11,242 | 11,043 | Upgrade |
Stock-Based Compensation | 368.45 | 295.65 | 280.32 | 268.22 | 272.59 | 293.28 | 307.35 | 316.61 | 339.37 | 410.64 | 482.98 | 555.34 | 575.45 | 520.99 | 464.01 | 415.2 | 403.22 | 411.49 | 422.76 | 425.39 | Upgrade |
Other Operating Activities | -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 | -14,176 | -12,195 | Upgrade |
Change in Accounts Payable | -8.04 | 129.45 | 20.6 | -9.81 | 121.35 | 79.2 | -19.79 | 37.91 | 93.5 | 5.35 | 127.61 | -32.77 | -158.54 | -98.34 | -127.38 | 66.98 | 145.12 | 67.73 | 154.58 | -29.77 | Upgrade |
Change in Unearned Revenue | 254.92 | 211.63 | 254.64 | 140.24 | 77.84 | 207.26 | 162.2 | 207.61 | 178.71 | 110.93 | 68.25 | 8.22 | 27.36 | -15.34 | 28.35 | 85.81 | 91.35 | 142.43 | 158.1 | 153.52 | Upgrade |
Change in Other Net Operating Assets | -703.1 | -615.4 | -945.73 | -363.29 | -232.27 | -190.08 | -301.35 | -192.41 | -388.36 | -1,045 | -955.94 | -823.05 | -626.9 | 80.84 | 156.64 | -149.43 | -478.44 | -548.53 | -489.09 | -333.93 | Upgrade |
Operating Cash Flow | 10,149 | 9,575 | 9,070 | 7,938 | 7,361 | 7,487 | 7,159 | 7,308 | 7,274 | 6,055 | 4,620 | 3,282 | 2,026 | 1,179 | 704.69 | 538.18 | 392.61 | 658.21 | 1,840 | 2,944 | Upgrade |
Operating Cash Flow Growth | 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% | - | - | Upgrade |
Capital Expenditures | -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 | -449.45 | -480.91 | Upgrade |
Cash Acquisitions | -17.19 | - | - | - | - | - | - | - | - | -563.99 | -563.99 | -632.87 | -757.39 | -981.75 | -981.75 | -912.87 | -788.35 | - | - | - | Upgrade |
Investment in Securities | 1,747 | 1,747 | -167.54 | -1,128 | -1,742 | -1,249 | 893.23 | 1,092 | 890.3 | -514.2 | -914.2 | -1,113 | -911.28 | - | - | - | - | - | - | - | Upgrade |
Other Investing Activities | - | - | -36.19 | - | - | - | - | - | - | - | - | - | - | - | -21.3 | -22.3 | -26.92 | -24.96 | -12.5 | -11.76 | Upgrade |
Investing Cash Flow | 1,042 | 1,140 | -773.44 | -1,620 | -2,182 | -1,612 | 553.67 | 729.69 | 541.75 | -1,457 | -1,838 | -2,094 | -2,076 | -1,444 | -1,548 | -1,500 | -1,340 | -531.92 | -461.94 | -492.67 | Upgrade |
Long-Term Debt Issued | - | - | - | - | 1,794 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Upgrade |
Total Debt Issued | - | - | 1,794 | 1,794 | 1,794 | 1,794 | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,009 | Upgrade |
Long-Term Debt Repaid | -1,833 | - | - | - | -400 | - | - | - | - | - | - | - | -700 | - | - | - | -500 | - | - | - | Upgrade |
Total Debt Repaid | -1,833 | -1,833 | -1,833 | -800 | -400 | -400 | -400 | -400 | - | - | - | - | -700 | -700 | -700 | -700 | -500 | -500 | -500 | -500 | Upgrade |
Net Debt Issued (Repaid) | -1,833 | -1,833 | -38.99 | 994.46 | 1,394 | 1,394 | -400 | -400 | - | - | - | - | -700 | -700 | -700 | -700 | -500 | -500 | -500 | 509.46 | Upgrade |
Issuance of Common Stock | 666.97 | 892.9 | 965.92 | 915.61 | 832.89 | 582.3 | 496.88 | 412.84 | 169.99 | 125.27 | 71.56 | 48.1 | 35.75 | 117.19 | 131.52 | 140.02 | 174.41 | 120.25 | 170.47 | 239.78 | Upgrade |
Repurchase of Common Stock | -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 | -500.02 | - | Upgrade |
Other Financing Activities | -5.81 | 47.73 | -17.19 | -45.4 | -29.74 | -19.03 | -42.78 | -75.45 | -75.45 | -71.75 | -38.92 | - | - | - | - | - | - | - | - | -7.56 | Upgrade |
Financing Cash Flow | -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 | -829.55 | 741.69 | Upgrade |
Foreign Exchange Rate Adjustments | 386.52 | 64.63 | 239.8 | -170.4 | -416.33 | 74.28 | -201.88 | -39.53 | 82.68 | 109.91 | 52.56 | -132.27 | -170.14 | -340.94 | -224.73 | -56.05 | -86.74 | -15.83 | 76.47 | 64.81 | Upgrade |
Net Cash Flow | 1,232 | 1,832 | 1,554 | 177.44 | 688.82 | 102.25 | -1,039 | 288.57 | 1,948 | 1,217 | 1,822 | 703.52 | -884.53 | -1,413 | -1,960 | -2,402 | -2,184 | -869.31 | 624.57 | 3,258 | Upgrade |
Free Cash Flow | 9,461 | 8,967 | 8,501 | 7,446 | 6,922 | 7,125 | 6,819 | 6,946 | 6,926 | 5,677 | 4,260 | 2,934 | 1,619 | 717.01 | 160.21 | -26.56 | -131.98 | 151.25 | 1,390 | 2,464 | Upgrade |
Free Cash Flow Growth | 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% | - | - | Upgrade |
Free Cash Flow Margin | 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% | 5.04% | 9.33% | Upgrade |
Free Cash Flow Per Share | 2.18 | 2.06 | 1.95 | 1.70 | 1.58 | 1.62 | 1.54 | 1.55 | 1.54 | 1.26 | 0.94 | 0.65 | 0.36 | 0.16 | 0.04 | -0.01 | -0.03 | 0.03 | 0.30 | 0.54 | Upgrade |
Cash Interest Paid | 718.61 | 674.5 | 674.5 | 674.5 | 674.5 | 684.5 | 684.5 | 684.5 | 684.5 | 701.69 | 701.69 | 701.69 | 701.69 | 763.43 | 763.43 | 763.43 | 763.43 | 762.9 | 762.9 | 762.9 | Upgrade |
Cash Income Tax Paid | 2,220 | 1,642 | 1,642 | 1,642 | 1,642 | 1,155 | 1,155 | 1,155 | 1,155 | 811.72 | 811.72 | 811.72 | 811.72 | 509.27 | 509.27 | 509.27 | 509.27 | 291.58 | 291.58 | 291.58 | Upgrade |
Levered Free Cash Flow | 24,818 | 23,364 | 22,695 | 21,785 | 21,254 | 21,647 | 20,047 | 19,518 | 19,384 | 18,026 | 17,861 | 17,384 | 16,545 | 16,866 | 16,700 | 16,209 | 15,649 | 14,543 | 14,203 | 13,544 | Upgrade |
Unlevered Free Cash Flow | 25,303 | 23,823 | 23,160 | 22,241 | 21,703 | 22,086 | 20,479 | 19,955 | 19,822 | 18,460 | 18,294 | 17,817 | 16,986 | 17,319 | 17,164 | 16,683 | 16,127 | 15,026 | 14,691 | 14,030 | Upgrade |
Change in Working Capital | -456.22 | -274.32 | -670.49 | -232.86 | -33.08 | 96.39 | -158.93 | 53.1 | -116.15 | -929.1 | -760.08 | -847.59 | -758.09 | -32.84 | 57.61 | 3.37 | -241.98 | -338.37 | -176.41 | -210.18 | Upgrade |
Updated Jan 20, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.