10-K
Annual Report
Netflix, Inc.
NFLX
NASDAQ
CIK: 1065280
File #: 001-35727
Balance Sheet
42 line items · 2 periods
XBRL
| Item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 9,033,681,000 | 7,804,733,000 |
Short-term investments | 28,678,000 | 1,779,006,000 |
Other current assets | 3,957,832,000 | 3,516,640,000 |
Total current assets | 13,020,191,000 | 13,100,379,000 |
Content assets, net | 32,778,392,000 | 32,452,462,000 |
Property and equipment, net | 2,004,350,000 | 1,593,756,000 |
Other non-current assets | 7,794,060,000 | 6,483,777,000 |
Total assets | 55,596,993,000 | 53,630,374,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Current content liabilities | 4,084,854,000 | 4,393,681,000 |
Current Content Liabilities | 4,100,000,000 | 4,400,000,000 |
Accounts payable | 900,612,000 | 899,909,000 |
Accrued expenses and other liabilities | 3,220,869,000 | 2,156,544,000 |
Deferred revenue | 1,775,730,000 | 1,520,813,000 |
Short-term debt | 998,865,000 | 1,784,453,000 |
Total current liabilities | 10,980,930,000 | 10,755,400,000 |
Non-current content liabilities | 1,579,476,000 | 1,780,806,000 |
Non-current Content Liabilities | 1,600,000,000 | 1,800,000,000 |
Long-term debt | 13,463,971,000 | 13,798,351,000 |
Other non-current liabilities | 2,957,128,000 | 2,552,250,000 |
Total liabilities | 28,981,505,000 | 28,886,807,000 |
Stockholders’ equity: | ||
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2025 and December 31, 2024; no shares issued and outstanding at December 31, 2025 and December 31, 2024 | 0 | 0 |
Common stock, $0.001 par value; 49,900,000,000 shares authorized at December 31, 2025 and December 31, 2024; 4,222,162,150 and 4,277,571,000 issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 7,286,410,000 | 6,252,126,000 |
Treasury stock at cost (346,541,145 and 259,534,600 shares at December 31, 2025 and December 31, 2024) | 22,372,658,000 | 13,171,638,000 |
Accumulated other comprehensive income (loss) | (580,382,000) | 362,162,000 |
Retained earnings | 42,282,118,000 | 31,300,917,000 |
Total stockholders’ equity | 26,615,488,000 | 24,743,567,000 |
Common Stock and Additional Paid-in Capital | 7,286,410,000 | 6,252,126,000 |
Treasury Stock | (22,372,658,000) | (13,171,638,000) |
Total | (580,382,000) | 362,162,000 |
Retained Earnings | 42,282,118,000 | 31,300,917,000 |
Amount excluded from assessment of effectiveness and recognized in earnings based on amortization approach | (193,615,000) | (376,833,000) |
Net Investment Hedge Gains (Losses) | (112,256,000) | 32,400,000 |
Change in Unrealized Gains (Losses) on Cash Flow Hedges | (389,289,000) | 914,369,000 |
Change in Unrealized Gains (Losses) on Excluded Component of Fair Value Hedges | (3,565,000) | 9,233,000 |
Amount of gains (losses) reclassified from AOCI | 0 | 3,260,000 |
Tax (Expense) Benefit | 118,343,000 | (220,267,000) |
Total liabilities and stockholders’ equity | 55,596,993,000 | 53,630,374,000 |