10-Q
Quarterly Report
Netflix, Inc.
NFLX
NASDAQ
CIK: 1065280
File #: 001-35727
Balance Sheet
41 line items · 2 periods
XBRL
| Item | Mar 31, 2025 | Dec 31, 2024 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 7,199,848,000 | 7,804,733,000 |
Short-term investments | 1,171,142,000 | 1,779,006,000 |
Other current assets | 3,326,642,000 | 3,516,640,000 |
Total current assets | 11,697,632,000 | 13,100,379,000 |
Content assets, net | 32,040,839,000 | 32,452,462,000 |
Property and equipment, net | 1,644,346,000 | 1,593,756,000 |
Other non-current assets | 6,704,827,000 | 6,483,777,000 |
Total assets | 52,087,644,000 | 53,630,374,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Current content liabilities | 4,128,905,000 | 4,393,681,000 |
Current Content Liabilities | 4,100,000,000 | 4,400,000,000 |
Accounts payable | 614,489,000 | 899,909,000 |
Accrued expenses and other liabilities | 2,359,518,000 | 2,156,544,000 |
Deferred revenue | 1,609,726,000 | 1,520,813,000 |
Short-term debt | 1,005,881,000 | 1,784,453,000 |
Total current liabilities | 9,718,519,000 | 10,755,400,000 |
Non-current content liabilities | 1,696,662,000 | 1,780,806,000 |
Non-current Content Liabilities | 1,700,000,000 | 1,800,000,000 |
Long-term debt | 14,011,037,000 | 13,798,351,000 |
Other non-current liabilities | 2,633,353,000 | 2,552,250,000 |
Total liabilities | 28,059,571,000 | 28,886,807,000 |
Stockholders’ equity: | ||
Common stock, $0.001 par value; 4,990,000,000 shares authorized at March 31, 2025 and December 31, 2024; 425,683,210 and 427,757,100 issued and outstanding at March 31, 2025 and December 31, 2024, respectively | 6,677,469,000 | 6,252,126,000 |
Treasury stock at cost (29,698,337 and 25,953,460 shares at March 31, 2025 and December 31, 2024, respectively) | 16,754,929,000 | 13,171,638,000 |
Accumulated other comprehensive income (loss) | (85,735,000) | 362,162,000 |
Retained earnings | 34,191,268,000 | 31,300,917,000 |
Total stockholders’ equity | 24,028,073,000 | 24,743,567,000 |
Common stock and additional paid-in capital: | 6,677,469,000 | 6,252,126,000 |
Treasury stock: | (16,754,929,000) | (13,171,638,000) |
Total | (85,735,000) | 362,162,000 |
Retained earnings: | 34,191,268,000 | 31,300,917,000 |
Amount excluded from assessment of effectiveness and recognized in earnings based on amortization approach | (285,557,000) | (376,833,000) |
Net Investment Hedge Gains (Losses) | (12,200,000) | 32,400,000 |
Change in Unrealized Gains (Losses) on Cash Flow Hedges | 264,945,000 | 914,369,000 |
Change in Unrealized Gains (Losses) on Excluded Component of Fair Value Hedges | 5,771,000 | 9,233,000 |
Amount of gains (losses) reclassified from AOCI | 907,000 | 3,260,000 |
Tax (Expense) Benefit | (59,601,000) | (220,267,000) |
Total liabilities and stockholders’ equity | 52,087,644,000 | 53,630,374,000 |