For the year ending 2025-12-31, NFLX had $1,231,857K increase in cash & cash equivalents over the period. $9,461,053K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 10,981,201 | 8,711,631 | 5,407,990 | 4,491,924 |
| Additions to content assets | 17,096,617 | 16,223,617 | 12,554,703 | 16,839,038 |
| Change in content liabilities | -610,838 | -779,135 | -585,602 | 179,310 |
| Amortization of content assets | 16,422,166 | 15,301,517 | 14,197,437 | 14,026,132 |
| Depreciation and amortization of property, equipment and intangibles | 333,389 | 328,914 | 356,947 | 336,682 |
| Stock-based compensation expense | 368,449 | 272,588 | 339,368 | 575,452 |
| Foreign currency remeasurement loss (gain) on debt | -72,348 | 121,539 | -176,296 | 353,111 |
| Other non-cash items | -577,451 | -494,778 | -512,075 | -533,543 |
| Deferred income taxes | -442,056 | -590,698 | -459,359 | -166,550 |
| Other current assets | 790,661 | -22,180 | 181,003 | 353,834 |
| Accounts payable | -8,039 | 121,353 | 93,502 | -158,543 |
| Accrued expenses and other liabilities | 881,218 | 191,899 | 103,565 | -55,513 |
| Deferred revenue | 254,917 | 77,844 | 178,708 | 27,356 |
| Other non-current assets and liabilities | 793,655 | 446,351 | 310,920 | 217,553 |
| Net cash provided by operating activities | 10,149,273 | 7,361,364 | 7,274,301 | 2,026,257 |
| Purchases of property and equipment | 688,220 | 439,538 | 348,552 | 407,729 |
| Change in other assets | - | - | 0 | 0 |
| Acquisitions | 17,194 | 0 | 0 | 757,387 |
| Purchases of short-term investments | - | - | 504,862 | 911,276 |
| Purchases of investments | 169,965 | 1,742,246 | - | - |
| Proceeds from maturities of short-term investments | - | - | 1,395,165 | - |
| Proceeds from maturities and sales of investments | 1,917,067 | 0 | - | - |
| Net cash provided by (used in) investing activities | 1,041,688 | -2,181,784 | 541,751 | -2,076,392 |
| Proceeds from issuance of debt | 0 | 1,794,460 | - | 0 |
| Debt issuance costs | - | - | - | 0 |
| Repayments of debt | 1,833,450 | 400,000 | 0 | 700,000 |
| Proceeds from issuance of common stock | 666,965 | 832,887 | 169,990 | 35,746 |
| Repurchases of common stock | 9,127,167 | 6,263,746 | 6,045,347 | 0 |
| Taxes paid related to net share settlement of equity awards | 46,165 | 8,285 | 0 | - |
| Other financing activities | -5,806 | -29,743 | -75,446 | 0 |
| Net cash used in financing activities | -10,345,623 | -4,074,427 | -5,950,803 | -664,254 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 386,519 | -416,331 | 82,684 | -170,140 |
| Net increase in cash, cash equivalents and restricted cash | 1,231,857 | 688,822 | 1,947,933 | -884,529 |
| Cash and cash equivalents at beginning of period | 7,807,337 | 7,118,515 | 5,170,582 | 6,055,111 |
| Cash and cash equivalents at end of period | 9,039,194 | 7,807,337 | 7,118,515 | 5,170,582 |
NETFLIX INC (NFLX)
NETFLIX INC (NFLX)