10-Q
Quarterly Report
Netflix, Inc.
NFLX
NASDAQ
CIK: 1065280
File #: 001-35727
Balance Sheet
40 line items · 2 periods
XBRL
| Item | Mar 31, 2026 | Dec 31, 2025 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 12,259,772,000 | 9,033,681,000 |
Short-term investments | 28,678,000 | 28,678,000 |
Other current assets | 4,782,532,000 | 3,957,832,000 |
Total current assets | 17,070,982,000 | 13,020,191,000 |
Content assets, net | 33,376,295,000 | 32,778,392,000 |
Property and equipment, net | 2,147,829,000 | 2,004,350,000 |
Other non-current assets | 8,420,808,000 | 7,794,060,000 |
Total assets | 61,015,914,000 | 55,596,993,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Current content liabilities | 4,052,278,000 | 4,084,854,000 |
Current Content Liabilities | 4,100,000,000 | 4,100,000,000 |
Accounts payable | 894,681,000 | 900,612,000 |
Accrued expenses and other liabilities | 4,441,986,000 | 3,220,869,000 |
Deferred revenue | 1,743,448,000 | 1,775,730,000 |
Short-term debt | 999,185,000 | 998,865,000 |
Total current liabilities | 12,131,578,000 | 10,980,930,000 |
Non-current content liabilities | 1,626,498,000 | 1,579,476,000 |
Non-current Content Liabilities | 1,600,000,000 | 1,600,000,000 |
Long-term debt | 13,361,331,000 | 13,463,971,000 |
Other non-current liabilities | 2,770,108,000 | 2,957,128,000 |
Total liabilities | 29,889,515,000 | 28,981,505,000 |
Stockholders’ equity: | ||
Common stock, $0.001 par value; 49,900,000,000 shares authorized at March 31, 2026 and December 31, 2025; 4,212,794,271 and 4,222,162,150 issued and outstanding at March 31, 2026 and December 31, 2025, respectively | 7,478,495,000 | 7,286,410,000 |
Treasury stock at cost (360,366,959 and 346,541,145 shares at March 31, 2026 and December 31, 2025, respectively) | 23,681,974,000 | 22,372,658,000 |
Accumulated other comprehensive loss | (235,031,000) | (580,382,000) |
Retained earnings | 47,564,909,000 | 42,282,118,000 |
Total stockholders’ equity | 31,126,399,000 | 26,615,488,000 |
Common stock and additional paid-in capital: | 7,478,495,000 | 7,286,410,000 |
Treasury stock: | (23,681,974,000) | (22,372,658,000) |
Total | (235,031,000) | (580,382,000) |
Retained earnings: | 47,564,909,000 | 42,282,118,000 |
Amount excluded from assessment of effectiveness and recognized in earnings based on amortization approach | (274,555,000) | (193,615,000) |
Net Investment Hedge Gains (Losses) | (75,753,000) | (112,256,000) |
Amount of gains (losses) reclassified from AOCI | 0 | 0 |
Change in Unrealized Gains (Losses) on Excluded Component of Fair Value Hedges | (2,396,000) | (3,565,000) |
Tax (Expense) Benefit | (9,881,000) | 118,343,000 |
Total liabilities and stockholders’ equity | 61,015,914,000 | 55,596,993,000 |