Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
92.34
+0.06 (0.07%)
Apr 29, 2026, 11:39 AM EDT - Market open
Netflix Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Net Income | 13,374 | 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 |
Depreciation & Amortization | 351.9 | 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 |
Stock-Based Compensation | 436.88 | 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 |
Other Adjustments | 17,292 | 16,630 | 16,004 | 15,572 | 15,356 | 15,084 | 14,895 | 14,594 | 14,395 | 14,426 | 15,055 | 14,975 | 14,564 | 14,040 | 13,103 | 12,733 | 12,715 | 12,376 | 11,862 | 11,908 |
Changes in Accounts Payable | 268.54 | -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 |
Changes in Accrued Expenses | 1,871 | 881.22 | 621.74 | 93.6 | 246.53 | 191.9 | 121.95 | -122.09 | 170.05 | 103.57 | -81.53 | 195.57 | -220.98 | -55.51 | 228.21 | 285.92 | 353.2 | 180.34 | 99.66 | 95.91 |
Changes in Unearned Revenue | 133.72 | 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 |
Changes in Other Operating Activities | -21,077 | -19,292 | -18,447 | -17,719 | -17,655 | -17,427 | -16,226 | -15,203 | -14,608 | -13,632 | -14,335 | -15,835 | -16,144 | -17,231 | -17,911 | -18,066 | -18,353 | -18,128 | -17,152 | -15,427 |
Operating Cash Flow | 12,650 | 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 |
Operating Cash Flow Growth | 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% | - |
Capital Expenditures | -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 | -449.45 |
Purchases of Investments | -13.95 | -169.97 | -161.52 | -1,900 | -1,898 | -1,742 | -1,742 | 0 | -303.23 | -504.86 | -1,416 | -1,416 | -1,113 | -911.28 | - | - | - | - | - | - |
Proceeds from Sale of Investments | 1,147 | 1,917 | 1,909 | 1,732 | 769.95 | - | 493.23 | 893.23 | 1,395 | 1,897 | 901.94 | 501.94 | - | 0 | - | - | - | - | - | - |
Payments for Business Acquisitions | -602.94 | -17.19 | - | - | - | - | - | - | - | - | -563.99 | -563.99 | -632.87 | -757.39 | -981.75 | -981.75 | -912.87 | -788.35 | - | - |
Other Investing Activities | 0 | 0 | 0 | -36.19 | - | 0 | - | - | - | - | - | - | - | - | 0 | -21.3 | -22.3 | -26.92 | -24.96 | -12.5 |
Investing Cash Flow | -225.85 | 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 |
Long-Term Debt Issued | - | - | 0 | 1,794 | 1,794 | 1,794 | 1,794 | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Long-Term Debt Repaid | -1,033 | -1,833 | -1,833 | -1,833 | -800 | -400 | -400 | -400 | -400 | - | 0 | 0 | 0 | -700 | -700 | -700 | -700 | -500 | -500 | -500 |
Net Long-Term Debt Issued (Repaid) | -1,033 | -1,833 | -1,833 | -38.99 | 994.46 | 1,394 | 1,394 | -400 | -400 | - | 0 | 0 | 0 | -700 | -700 | -700 | -700 | -500 | -500 | -500 |
Issuance of Common Stock | 364.67 | 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 |
Repurchase of Common Stock | -6,861 | -9,127 | -8,011 | -7,854 | -7,800 | -6,264 | -7,800 | -8,600 | -7,645 | -6,045 | -3,545 | -1,045 | -400.1 | - | 0 | -100 | -600.02 | -600.02 | -600.02 | -500.02 |
Net Common Stock Issued (Repurchased) | -6,497 | -8,460 | -7,118 | -6,889 | -6,885 | -5,431 | -7,218 | -8,103 | -7,232 | -5,875 | -3,420 | -973.68 | -352.01 | 35.75 | 117.19 | 31.52 | -460 | -425.61 | -479.77 | -329.55 |
Other Financing Activities | -17.99 | -51.97 | 5 | -55.75 | -79.73 | -38.03 | -24.77 | -46.48 | -77.27 | -75.45 | -71.75 | -38.92 | - | - | -224.17 | -224.17 | -224.17 | -224.17 | 0 | 0 |
Financing Cash Flow | -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 | -829.55 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | -79.22 | 386.52 | -201.12 | -201.12 | -201.12 | -416.33 | - | - | - | 82.68 | - | - | - | - | - | - | - | - | - | - |
Net Cash Flow | 4,797 | 966.11 | 1,566 | 1,113 | 146.71 | 753.88 | 27.97 | -837.34 | 328.1 | 1,865 | 1,107 | 1,769 | 835.79 | -714.39 | -1,072 | -1,735 | -2,346 | -2,097 | -853.48 | 548.1 |
Free Cash Flow | 11,894 | 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 |
Free Cash Flow Growth | 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% | - |
FCF Margin | 25.37% | 20.94% | 20.67% | 20.39% | 18.53% | 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% |
Free Cash Flow Per Share | 2.75 | 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 | 0.31 |
Levered Free Cash Flow | -6,868 | -9,371 | -9,166 | -7,390 | -7,184 | -7,040 | -6,669 | -8,482 | -8,165 | -7,840 | -9,789 | -11,198 | -12,186 | -13,697 | -13,607 | -13,737 | -13,857 | -13,411 | -12,622 | -11,441 |
Unlevered Free Cash Flow | -7,600 | -7,016 | -6,855 | -6,806 | -7,681 | -8,040 | -7,490 | -7,681 | -7,309 | -7,188 | -8,980 | -10,478 | -11,636 | -12,682 | -12,960 | -12,929 | -12,793 | -12,601 | -12,559 | -11,144 |
Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.