10-Q
Quarterly Report
Netflix, Inc.
NFLX
NASDAQ
CIK: 1065280
File #: 001-35727
Balance Sheet
40 line items · 2 periods
XBRL
| Item | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 9,287,287,000 | 7,804,733,000 |
Short-term investments | 37,105,000 | 1,779,006,000 |
Other current assets | 3,638,543,000 | 3,516,640,000 |
Total current assets | 12,962,935,000 | 13,100,379,000 |
Content assets, net | 32,639,879,000 | 32,452,462,000 |
Property and equipment, net | 1,837,889,000 | 1,593,756,000 |
Other non-current assets | 7,494,132,000 | 6,483,777,000 |
Total assets | 54,934,835,000 | 53,630,374,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Current content liabilities | 4,102,640,000 | 4,393,681,000 |
Current Content Liabilities | 4,100,000,000 | 4,400,000,000 |
Accounts payable | 793,233,000 | 899,909,000 |
Accrued expenses and other liabilities | 3,111,311,000 | 2,156,544,000 |
Deferred revenue | 1,724,675,000 | 1,520,813,000 |
Short-term debt | 0 | 1,784,453,000 |
Total current liabilities | 9,731,859,000 | 10,755,400,000 |
Non-current content liabilities | 1,591,973,000 | 1,780,806,000 |
Non-current Content Liabilities | 1,600,000,000 | 1,800,000,000 |
Long-term debt | 14,463,020,000 | 13,798,351,000 |
Other non-current liabilities | 3,193,948,000 | 2,552,250,000 |
Total liabilities | 28,980,800,000 | 28,886,807,000 |
Stockholders’ equity: | ||
Common stock, $0.001 par value; 4,990,000,000 shares authorized at September 30, 2025 and December 31, 2024; 423,732,334 and 427,757,100 issued and outstanding at September 30, 2025 and December 31, 2024, respectively | 7,080,325,000 | 6,252,126,000 |
Treasury stock at cost (32,760,541 and 25,953,460 shares at September 30, 2025 and December 31, 2024, respectively) | 20,270,631,000 | 13,171,638,000 |
Accumulated other comprehensive income (loss) | (719,256,000) | 362,162,000 |
Retained earnings | 39,863,597,000 | 31,300,917,000 |
Total stockholders’ equity | 25,954,035,000 | 24,743,567,000 |
Common stock and additional paid-in capital: | 7,080,325,000 | 6,252,126,000 |
Treasury stock: | (20,270,631,000) | (13,171,638,000) |
Total | (719,256,000) | 362,162,000 |
Retained earnings: | 39,863,597,000 | 31,300,917,000 |
Amount excluded from assessment of effectiveness and recognized in earnings based on amortization approach | (165,832,000) | (376,833,000) |
Net Investment Hedge Gains (Losses) | (107,920,000) | 32,400,000 |
Amount of gains (losses) reclassified from AOCI | 0 | 3,260,000 |
Change in Unrealized Gains (Losses) on Excluded Component of Fair Value Hedges | (1,731,000) | 9,233,000 |
Tax (Expense) Benefit | 164,853,000 | (220,267,000) |
Total liabilities and stockholders’ equity | 54,934,835,000 | 53,630,374,000 |