Netflix, Inc.
NFLX Communication Services Entertainment
Netflix, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $45.2 billion, up 15.9% from fiscal 2024.
- Revenue
- +11.9%
- EPS
- +48.3%
- Free cash flow
- +8.38%
- Total debt
- −12.5%
Quarter to September 2026, against a year earlier
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Netflix, Inc. 10-Q filed Apr 17, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Oct 22, 2025: 8 added · 34 removed · 26 modified; 6 with only figures updated
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Modified · Forward-Looking Statements
This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements include, but are not limited to, statements regarding: our core strategy; our ability to improve our content offerings and service; our future financial performance, including expectations regarding revenues, deferred revenue, operating income and margin, net income, expenses, and profitability; liquidity, including the sufficiency of our capital resources, net cash provided by (used in) operating activities, access to financing sources and free cash flows; capital allocation strategies, including any stock repurchases or repurchase programs;
seasonality;stock price volatility; impact of foreign exchange rate fluctuations, including on net income,and revenues; expectations regarding hedging activity; impact of interest rate fluctuations; adequacy of existing facilities; future regulatory changes and their impact on our business; intellectual property; cybersecurity; price changes and testing; accounting treatment for changes related to content assets; acquisitions; actions by competitors; partnerships; advertising; multi-household usage;reporting of membership-related data;member viewing patterns; dividends; future contractual obligations, including unknown content obligations and timing of payments; our global content and marketing investments, including investments in original programming, consumer products andliveexperiences; impact of work stoppages; content amortization; resolution of tax examinations; tax expense; unrecognized tax benefits; deferred tax assets;outcomeresolution ofBrazilian non-income tax mattersdisputes and other proceedings;payment of deposits relating to Brazilian non-income tax mattersour ability to effectively manage change and growth; our company culture;impact of Brazilian non-income taxes; the impact of the One Big Beautifuland our ability to attract and retain qualified employees and key personnel. These forward-looking statements are subject to risks and uncertainties that could cause actual results and events to differ materially from those included in forward-