Symbols / NFLX Stock $86.02 -0.39% Netflix, Inc.

Communication Services • Entertainment • United States • NMS
NFLX (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Communication Services
Industry Entertainment
CEO Mr. Theodore A. Sarandos
Exch · Country NMS · United States
Market Cap 362.21B
Enterprise Value 366.84B
Income 13.37B
Sales 46.89B
FCF (ttm) 25.99B
Book/sh 7.39
Cash/sh 2.92
Employees 16,000
Insider 10d —
IPO May 23, 2002
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 27.75
Forward P/E 22.38
PEG 1.70
P/S 7.72
P/B 11.64
P/C —
EV/EBITDA 25.67
EV/Sales 7.82
Quick Ratio 1.18
Current Ratio 1.41
Debt/Eq 53.79
LT Debt/Eq —
EPS (ttm) 3.10
EPS next Y 3.84
EPS Growth 86.40%
Revenue Growth 16.20%
EPS Gr Q/Q 82.80%
Rev Gr Q/Q —
Earnings (next) 2026-07-16
Earnings (prior) 2026-04-16
ROA 15.40%
ROE 48.49%
ROIC —
Gross Margin 49.03%
Oper. Margin 32.30%
Profit Margin 28.52%
Shs Outstand 4.21B
Shs Float 4.18B
Insider Own 0.57%
Instit Own 85.00%
Short Float 2.34%
Short Ratio 2.30
Short Interest 98.02M
52W High 134.12
vs 52W High -35.86%
52W Low 75.01
vs 52W Low 14.68%
Beta 1.55
Impl. Vol. 29.68%
Rel Volume 0.90
Avg Volume 39.51M
Volume 35.65M
Target (mean) $114.56
Tgt Median $115.00
Tgt Low $80.00
Tgt High $151.40
# Analysts 44
Recom Buy
Prev Close $86.36
Price $86.02
Change -0.39%
About

Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages. It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$114.56
Mean price target
2. Current target
$86.02
Latest analyst target
3. DCF / Fair value
$111.12
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$86.02
Low
$80.00
High
$151.40
Mean
$114.56

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-18 reit B of A Securities Buy → Buy $125
2026-05-15 reit Guggenheim Buy → Buy $120
2026-04-17 main Piper Sandler Overweight → Overweight $115
2026-04-17 main Oppenheimer Outperform → Outperform $120
2026-04-17 main Barclays Equal-Weight → Equal-Weight $110
2026-04-17 reit Citizens Market Perform → Market Perform —
2026-04-17 reit Keybanc Overweight → Overweight $115
2026-04-17 reit Wedbush Outperform → Outperform $118
2026-04-17 main Rosenblatt Neutral → Neutral $95
2026-04-17 main Guggenheim Buy → Buy $120
2026-04-15 reit Citizens Market Perform → Market Perform —
2026-04-14 reit Guggenheim Buy → Buy $130
2026-04-14 main Keybanc Overweight → Overweight $115
2026-04-13 main Wedbush Outperform → Outperform $118
2026-04-06 main Rosenblatt Neutral → Neutral $96
2026-04-06 up Goldman Sachs Neutral → Buy $120
2026-03-30 init Citizens — → Market Perform —
2026-03-27 main Oppenheimer Outperform → Outperform $135
2026-03-06 up CFRA Hold → Buy $115
2026-03-06 main B of A Securities Buy → Buy $125
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-07 NEUMANN SPENCER ADAM Chief Financial Officer — 9,253 $88.95 $823,075
2026-05-07 PETERS GREGORY K. Chief Executive Officer — 27,312 $88.69 $2,422,421
2026-05-06 PETERS GREGORY K. Chief Executive Officer — 1,209 $0.00 $0
2026-05-05 HYMAN DAVID A Officer — 5,722 $88.08 $504,021
2026-05-05 SARANDOS THEODORE ANTHONY JR. Chief Executive Officer — 27,312 $87.96 $2,402,627
2026-05-04 HYMAN DAVID A Officer — 11,399 — —
2026-05-04 WILLEMS CLETUS R Officer — 6,168 — —
2026-05-04 PETERS GREGORY K. Chief Executive Officer — 54,388 — —
2026-05-04 SARANDOS THEODORE ANTHONY JR. Chief Executive Officer — 54,388 — —
2026-05-04 NEUMANN SPENCER ADAM Chief Financial Officer — 18,428 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
45,183.04
+15.85%
39,000.97
+15.65%
33,723.30
+6.67%
31,615.55
Operating Revenue
45,183.04
+15.85%
39,000.97
+15.65%
33,723.30
+6.67%
31,615.55
Cost Of Revenue
23,275.33
+10.63%
21,038.46
+6.71%
19,715.37
+2.85%
19,168.28
Reconciled Cost Of Revenue
23,275.33
+10.63%
21,038.46
+6.71%
19,715.37
+2.85%
19,168.28
Gross Profit
21,907.71
+21.96%
17,962.50
+28.23%
14,007.93
+12.54%
12,447.26
Operating Expense
8,581.10
+13.73%
7,544.89
+6.96%
7,053.93
+3.51%
6,814.43
Research And Development
3,391.39
+15.93%
2,925.30
+9.33%
2,675.76
-1.30%
2,711.04
Selling General And Administration
5,189.71
+12.34%
4,619.59
+5.51%
4,378.17
+6.70%
4,103.39
Selling And Marketing Expense
3,301.31
+13.15%
2,917.55
+9.77%
2,657.88
+5.03%
2,530.50
General And Administrative Expense
1,888.41
+10.95%
1,702.04
-1.06%
1,720.29
+9.37%
1,572.89
Other Gand A
1,888.41
+10.95%
1,702.04
-1.06%
1,720.29
+9.37%
1,572.89
Total Expenses
31,856.43
+11.45%
28,583.35
+6.78%
26,769.29
+3.03%
25,982.72
Operating Income
13,326.60
+27.92%
10,417.61
+49.81%
6,954.00
+23.45%
5,632.83
Total Operating Income As Reported
13,326.60
+27.92%
10,417.61
+49.81%
6,954.00
+23.45%
5,632.83
EBITDA
30,254.62
+14.97%
26,314.82
+22.35%
21,508.39
+5.78%
20,332.96
Normalized EBITDA
30,254.62
+14.97%
26,314.82
+22.35%
21,508.39
+5.78%
20,332.96
Reconciled Depreciation
16,755.56
+7.20%
15,630.43
+7.39%
14,554.38
+1.33%
14,362.81
EBIT
13,499.06
+26.34%
10,684.39
+53.64%
6,954.00
+16.48%
5,970.14
Net Income
10,981.20
+26.05%
8,711.63
+61.09%
5,407.99
+20.39%
4,491.92
Pretax Income
12,722.55
+27.66%
9,965.66
+60.60%
6,205.40
+17.89%
5,263.93
Net Non Operating Interest Income Expense
-604.05
-33.65%
-451.96
+39.63%
-748.60
-102.93%
-368.90
Interest Expense Non Operating
776.51
+8.04%
718.73
-3.99%
748.60
+6.00%
706.21
Net Interest Income
-604.05
-33.65%
-451.96
+39.63%
-748.60
-102.93%
-368.90
Interest Expense
776.51
+8.04%
718.73
-3.99%
748.60
+6.00%
706.21
Interest Income Non Operating
172.46
-35.35%
266.78
—
337.31
Interest Income
172.46
-35.35%
266.78
—
337.31
Tax Provision
1,741.35
+38.86%
1,254.03
+57.26%
797.41
+3.29%
772.00
Tax Rate For Calcs
0.00
+5.38%
0.00
+0.00%
0.00
-13.33%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
10,981.20
+26.05%
8,711.63
+61.09%
5,407.99
+20.39%
4,491.92
Net Income From Continuing Operation Net Minority Interest
10,981.20
+26.05%
8,711.63
+61.09%
5,407.99
+20.39%
4,491.92
Net Income From Continuing And Discontinued Operation
10,981.20
+26.05%
8,711.63
+61.09%
5,407.99
+20.39%
4,491.92
Net Income Continuous Operations
10,981.20
+26.05%
8,711.63
+61.09%
5,407.99
+20.39%
4,491.92
Normalized Income
10,981.20
+26.05%
8,711.63
+61.09%
5,407.99
+20.39%
4,491.92
Net Income Common Stockholders
10,981.20
+26.05%
8,711.63
+61.09%
5,407.99
+20.39%
4,491.92
Diluted EPS
2.53
+27.58%
1.98
+64.84%
1.20
+20.90%
0.99
Basic EPS
2.58
+27.22%
2.03
+65.55%
1.23
+21.29%
1.01
Basic Average Shares
4,249.51
-1.06%
4,295.19
-2.73%
4,415.71
-0.70%
4,446.98
Diluted Average Shares
4,343.86
-1.11%
4,392.61
-2.28%
4,494.98
-0.40%
4,512.90
Diluted NI Availto Com Stockholders
10,981.20
+26.05%
8,711.63
+61.09%
5,407.99
+20.39%
4,491.92
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
55,596.99
+3.67%
53,630.37
+10.05%
48,731.99
+0.28%
48,594.77
Current Assets
13,020.19
-0.61%
13,100.38
+32.09%
9,918.13
+7.03%
9,266.47
Cash Cash Equivalents And Short Term Investments
9,062.36
-5.44%
9,583.74
+34.27%
7,137.89
+17.82%
6,058.45
Cash And Cash Equivalents
9,033.68
+15.75%
7,804.73
+9.66%
7,116.91
+38.27%
5,147.18
Cash Equivalents
3,824.97
+30.08%
2,940.53
+160.16%
1,130.28
+5.08%
1,075.59
Cash Financial
5,208.71
+7.08%
4,864.21
-18.75%
5,986.63
+47.03%
4,071.58
Other Short Term Investments
28.68
-98.39%
1,779.01
+8382.36%
20.97
-97.70%
911.28
Receivables
2,583.48
+29.93%
1,988.30
+7.94%
1,842.05
+16.08%
1,586.90
Accounts Receivable
2,031.48
+52.14%
1,335.30
+3.75%
1,287.05
+30.15%
988.90
Taxes Receivable
552.00
-15.47%
653.00
+17.66%
555.00
-7.19%
598.00
Prepaid Assets
498.05
+15.31%
431.92
+5.62%
408.94
+4.13%
392.74
Other Current Assets
876.30
-20.08%
1,096.41
+107.16%
529.26
-56.91%
1,228.39
Total Non Current Assets
42,576.80
+5.05%
40,530.00
+4.42%
38,813.86
-1.31%
39,328.29
Net PPE
2,004.35
+25.76%
1,593.76
+6.86%
1,491.44
+6.66%
1,398.26
Gross PPE
3,101.24
+23.49%
2,511.29
+7.02%
2,346.49
+9.04%
2,152.00
Accumulated Depreciation
-1,096.89
-19.55%
-917.54
-7.31%
-855.04
-13.44%
-753.74
Properties
0.00
0.00
0.00
0.00
Land And Improvements
155.66
+83.13%
85.00
+0.00%
85.00
-0.01%
85.00
Buildings And Improvements
537.08
+12.91%
475.68
+208.56%
154.16
+195.87%
52.11
Machinery Furniture Equipment
860.43
+23.68%
695.72
+4.10%
668.34
-9.53%
738.76
Construction In Progress
285.01
+24.84%
228.30
-43.84%
406.49
+72.57%
235.56
Other Properties
—
—
—
—
Leases
1,263.05
+23.03%
1,026.59
-0.57%
1,032.49
-0.78%
1,040.57
Goodwill And Other Intangible Assets
32,778.39
+1.00%
32,452.46
+2.51%
31,658.06
-3.29%
32,736.71
Other Intangible Assets
32,778.39
+1.00%
32,452.46
+2.51%
31,658.06
-3.29%
32,736.71
Other Non Current Assets
7,794.06
+20.21%
6,483.78
+14.47%
5,664.36
+9.07%
5,193.32
Total Liabilities Net Minority Interest
28,981.51
+0.33%
28,886.81
+2.64%
28,143.68
+1.17%
27,817.37
Current Liabilities
10,980.93
+2.10%
10,755.40
+21.38%
8,860.66
+11.72%
7,930.97
Payables And Accrued Expenses
4,121.48
+34.85%
3,056.45
+19.80%
2,551.37
+16.71%
2,186.16
Payables
900.61
+0.08%
899.91
+20.40%
747.41
+11.30%
671.51
Accounts Payable
900.61
+0.08%
899.91
+20.40%
747.41
+11.30%
671.51
Current Accrued Expenses
3,220.87
+49.35%
2,156.54
+19.55%
1,803.96
+19.10%
1,514.65
Current Debt And Capital Lease Obligation
998.87
-44.02%
1,784.45
+346.29%
399.84
—
Current Debt
998.87
-44.02%
1,784.45
+346.29%
399.84
—
Other Current Borrowings
998.87
-44.02%
1,784.45
+346.29%
399.84
—
Current Deferred Liabilities
1,775.73
+16.76%
1,520.81
+5.39%
1,442.97
+14.10%
1,264.66
Current Deferred Revenue
1,775.73
+16.76%
1,520.81
+5.39%
1,442.97
+14.10%
1,264.66
Other Current Liabilities
4,084.85
-7.03%
4,393.68
-1.63%
4,466.47
-0.31%
4,480.15
Total Non Current Liabilities Net Minority Interest
18,000.58
-0.72%
18,131.41
-5.97%
19,283.02
-3.03%
19,886.39
Long Term Debt And Capital Lease Obligation
13,463.97
-2.42%
13,798.35
-2.44%
14,143.42
-1.46%
14,353.08
Long Term Debt
13,463.97
-2.42%
13,798.35
-2.44%
14,143.42
-1.46%
14,353.08
Other Non Current Liabilities
4,536.60
+4.70%
4,333.06
-15.69%
5,139.61
-7.12%
5,533.32
Stockholders Equity
26,615.49
+7.57%
24,743.57
+20.18%
20,588.31
-0.91%
20,777.40
Common Stock Equity
26,615.49
+7.57%
24,743.57
+20.18%
20,588.31
-0.91%
20,777.40
Capital Stock
7,286.41
+16.54%
6,252.13
+21.51%
5,145.17
+10.94%
4,637.60
Common Stock
7,286.41
+16.54%
6,252.13
+21.51%
5,145.17
+10.94%
4,637.60
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
4,568.70
+0.96%
4,525.41
+0.83%
4,488.38
+0.43%
4,469.11
Ordinary Shares Number
4,222.16
-1.30%
4,277.57
-1.16%
4,327.60
-2.83%
4,453.47
Treasury Shares Number
346.54
+39.82%
247.84
+54.15%
160.78
+927.71%
15.64
Retained Earnings
42,282.12
+35.08%
31,300.92
+38.57%
22,589.29
+31.48%
17,181.30
Gains Losses Not Affecting Retained Earnings
-580.38
-260.25%
362.16
+261.72%
-223.94
-3.06%
-217.31
Treasury Stock
22,372.66
+69.85%
13,171.64
+90.28%
6,922.20
+739.88%
824.19
Other Equity Adjustments
-580.38
-260.25%
362.16
+261.72%
-223.94
-3.06%
-217.31
Total Equity Gross Minority Interest
26,615.49
+7.57%
24,743.57
+20.18%
20,588.31
-0.91%
20,777.40
Total Capitalization
40,079.46
+3.99%
38,541.92
+10.97%
34,731.73
-1.14%
35,130.48
Working Capital
2,039.26
-13.04%
2,344.98
+121.75%
1,057.48
-20.82%
1,335.50
Invested Capital
41,078.32
+1.86%
40,326.37
+14.79%
35,131.57
+0.00%
35,130.48
Total Debt
14,462.84
-7.19%
15,582.80
+7.15%
14,543.26
+1.33%
14,353.08
Net Debt
5,429.15
-30.20%
7,778.07
+4.74%
7,426.35
-19.33%
9,205.90
Net Tangible Assets
-6,162.90
+20.05%
-7,708.90
+30.36%
-11,069.74
+7.44%
-11,959.31
Tangible Book Value
-6,162.90
+20.05%
-7,708.90
+30.36%
-11,069.74
+7.44%
-11,959.31
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
10,149.27
+37.87%
7,361.36
+1.20%
7,274.30
+259.00%
2,026.26
Cash Flow From Continuing Operating Activities
10,149.27
+37.87%
7,361.36
+1.20%
7,274.30
+259.00%
2,026.26
Net Income From Continuing Operations
10,981.20
+26.05%
8,711.63
+61.09%
5,407.99
+20.39%
4,491.92
Depreciation Amortization Depletion
16,755.56
+7.20%
15,630.43
+7.39%
14,554.38
+1.33%
14,362.81
Depreciation
333.39
+1.36%
328.91
-7.85%
356.95
+6.02%
336.68
Amortization Cash Flow
16,422.17
+7.32%
15,301.52
+7.78%
14,197.44
+1.22%
14,026.13
Depreciation And Amortization
16,755.56
+7.20%
15,630.43
+7.39%
14,554.38
+1.33%
14,362.81
Amortization Of Intangibles
16,422.17
+7.32%
15,301.52
+7.78%
14,197.44
+1.22%
14,026.13
Other Non Cash Items
-17,130.00
-3.77%
-16,507.97
-30.72%
-12,628.23
+21.69%
-16,126.18
Stock Based Compensation
368.45
+35.17%
272.59
-19.68%
339.37
-41.03%
575.45
Deferred Tax
-442.06
+25.16%
-590.70
-28.59%
-459.36
-175.81%
-166.55
Operating Gains Losses
72.35
+159.53%
-121.54
-168.94%
176.30
+149.93%
-353.11
Net Foreign Currency Exchange Gain Loss
72.35
+159.53%
-121.54
-168.94%
176.30
+149.93%
-353.11
Change In Working Capital
-456.22
-1279.35%
-33.08
+71.52%
-116.15
+84.68%
-758.09
Change In Payables And Accrued Expense
873.18
+178.75%
313.25
+58.96%
197.07
+192.06%
-214.06
Change In Accrued Expense
881.22
+359.21%
191.90
+85.29%
103.56
+286.56%
-55.51
Change In Payable
-8.04
-106.62%
121.35
+29.79%
93.50
+158.98%
-158.54
Change In Account Payable
-8.04
-106.62%
121.35
+29.79%
93.50
+158.98%
-158.54
Change In Other Working Capital
-538.74
-46.19%
-368.51
-178.72%
-132.21
+30.49%
-190.20
Change In Other Current Assets
-790.66
-3664.75%
22.18
+112.25%
-181.00
+48.85%
-353.83
Investing Cash Flow
1,041.69
+147.74%
-2,181.78
-502.73%
541.75
+126.09%
-2,076.39
Cash Flow From Continuing Investing Activities
1,041.69
+147.74%
-2,181.78
-502.73%
541.75
+126.09%
-2,076.39
Net PPE Purchase And Sale
-688.22
-56.58%
-439.54
-26.10%
-348.55
+14.51%
-407.73
Purchase Of PPE
-688.22
-56.58%
-439.54
-26.10%
-348.55
+14.51%
-407.73
Capital Expenditure
-688.22
-56.58%
-439.54
-26.10%
-348.55
+14.51%
-407.73
Net Investment Purchase And Sale
1,747.10
+200.28%
-1,742.25
-295.69%
890.30
+197.70%
-911.28
Purchase Of Investment
-169.97
+90.24%
-1,742.25
-245.09%
-504.86
+44.60%
-911.28
Sale Of Investment
1,917.07
0.00
-100.00%
1,395.16
0.00
Net Business Purchase And Sale
-17.19
0.00
0.00
+100.00%
-757.39
Purchase Of Business
-17.19
0.00
0.00
+100.00%
-757.39
Net Other Investing Changes
—
—
—
—
Financing Cash Flow
-10,345.62
-153.92%
-4,074.43
+31.53%
-5,950.80
-795.86%
-664.25
Cash Flow From Continuing Financing Activities
-10,345.62
-153.92%
-4,074.43
+31.53%
-5,950.80
-795.86%
-664.25
Net Issuance Payments Of Debt
-1,833.45
-231.48%
1,394.46
0.00
+100.00%
-700.00
Issuance Of Debt
0.00
-100.00%
1,794.46
0.00
0.00
Repayment Of Debt
-1,833.45
-358.36%
-400.00
0.00
+100.00%
-700.00
Long Term Debt Issuance
0.00
-100.00%
1,794.46
0.00
0.00
Long Term Debt Payments
-1,833.45
-358.36%
-400.00
0.00
+100.00%
-700.00
Net Long Term Debt Issuance
-1,833.45
-231.48%
1,394.46
0.00
+100.00%
-700.00
Net Common Stock Issuance
-8,460.20
-55.78%
-5,430.86
+7.57%
-5,875.36
-16536.40%
35.75
Common Stock Payments
-9,127.17
-45.71%
-6,263.75
-3.61%
-6,045.35
0.00
Repurchase Of Capital Stock
-9,127.17
-45.71%
-6,263.75
-3.61%
-6,045.35
0.00
Net Other Financing Charges
-51.97
-36.67%
-38.03
+49.60%
-75.45
—
Changes In Cash
845.34
-23.51%
1,105.15
-40.75%
1,865.25
+361.10%
-714.39
Effect Of Exchange Rate Changes
386.52
+192.84%
-416.33
-603.52%
82.68
+148.60%
-170.14
Beginning Cash Position
7,807.34
+9.68%
7,118.52
+37.67%
5,170.58
-14.61%
6,055.11
End Cash Position
9,039.19
+15.78%
7,807.34
+9.68%
7,118.52
+37.67%
5,170.58
Free Cash Flow
9,461.05
+36.68%
6,921.83
-0.06%
6,925.75
+327.90%
1,618.53
Interest Paid Supplemental Data
718.61
+6.54%
674.50
-1.46%
684.50
-2.45%
701.69
Income Tax Paid Supplemental Data
—
1,641.53
+42.13%
1,154.97
+42.29%
811.72
Common Stock Issuance
666.97
-19.92%
832.89
+389.96%
169.99
+375.55%
35.75
Issuance Of Capital Stock
666.97
-19.92%
832.89
+389.96%
169.99
+375.55%
35.75
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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