10-K
Annual Report
Netflix, Inc.
NFLX
NASDAQ
CIK: 1065280
File #: 001-35727
Balance Sheet
42 line items · 2 periods
XBRL
| Item | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 7,804,733,000 | 7,116,913,000 |
Short-term investments | 1,779,006,000 | 20,973,000 |
Other current assets | 3,516,640,000 | 2,780,247,000 |
Total current assets | 13,100,379,000 | 9,918,133,000 |
Content assets, net | 32,452,462,000 | 31,658,056,000 |
Property and equipment, net | 1,593,756,000 | 1,491,444,000 |
Other non-current assets | 6,483,777,000 | 5,664,359,000 |
Total assets | 53,630,374,000 | 48,731,992,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Current content liabilities | 4,393,681,000 | 4,466,470,000 |
Current Content Liabilities | 4,400,000,000 | 4,500,000,000 |
Accounts payable | 899,909,000 | 747,412,000 |
Accrued expenses and other liabilities | 2,156,544,000 | 1,803,960,000 |
Deferred revenue | 1,520,813,000 | 1,442,969,000 |
Short-term debt | 1,784,453,000 | 399,844,000 |
Total current liabilities | 10,755,400,000 | 8,860,655,000 |
Non-current content liabilities | 1,780,806,000 | 2,578,173,000 |
Non-current Content Liabilities | 1,800,000,000 | 2,600,000,000 |
Long-term debt | 13,798,351,000 | 14,143,417,000 |
Other non-current liabilities | 2,552,250,000 | 2,561,434,000 |
Total liabilities | 28,886,807,000 | 28,143,679,000 |
Stockholders’ equity: | ||
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2024 and December 31, 2023; no shares issued and outstanding at December 31, 2024 and December 31, 2023 | 0 | 0 |
Common stock, $0.001 par value; 4,990,000,000 shares authorized at December 31, 2024 and December 31, 2023; 427,757,100 and 432,759,584 issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 6,252,126,000 | 5,145,172,000 |
Treasury stock at cost (25,953,460 and 16,078,268 shares at December 31, 2024 and December 31, 2023) | 13,171,638,000 | 6,922,200,000 |
Accumulated other comprehensive income (loss) | 362,162,000 | (223,945,000) |
Retained earnings | 31,300,917,000 | 22,589,286,000 |
Total stockholders’ equity | 24,743,567,000 | 20,588,313,000 |
Common Stock and Additional Paid-in Capital | 6,252,126,000 | 5,145,172,000 |
Treasury Stock | (13,171,638,000) | (6,922,200,000) |
Total | 362,162,000 | (223,945,000) |
Retained Earnings | 31,300,917,000 | 22,589,286,000 |
Amount excluded from assessment of effectiveness and recognized in earnings based on amortization approach | (376,833,000) | (103,922,000) |
Net Investment Hedge Gains (Losses) | 32,400,000 | 0 |
Amount of gains (losses) reclassified from AOCI | 914,369,000 | (155,730,000) |
Change in Unrealized Gains (Losses) on Excluded Component of Fair Value Hedges | 9,233,000 | 0 |
Change in Unrealized Gains (Losses) on AFS Securities | 3,260,000 | 0 |
Tax (Expense) Benefit | (220,267,000) | 35,707,000 |
Total liabilities and stockholders’ equity | 53,630,374,000 | 48,731,992,000 |