NETFLIX INC
For the period ended Sep 30, 2024. Filed Oct 18, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 18, 2024
NFLX$63.26-1.1%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| September 30,2024 | September 30,2023 | September 30,2024 | September 30,2023 | |
| Net income | $2,363,509 | $1,677,422 | $6,843,024 | $4,470,152 |
| Other comprehensive income (loss): | ||||
| Foreign currency translation adjustments, net of income tax benefit of $10 million, $0, $10 million, and $0, respectively | 63,432 | (94,157) | (84,866) | (16,117) |
| Change in unrealized gains on available-for-sale securities, net of income tax expense of $1 million, $0, $1 million, and $0, respectively | 4,290 | — | 4,290 | — |
| Cash flow hedges: | ||||
| Net unrealized gains (losses) | (285,013) | 77,852 | 15,324 | 77,852 |
| Reclassification of net gains included in net income | (37,365) | — | (54,573) | — |
| Net change, net of income tax benefit (expense) of $96 million, $(23) million, $12 million, and $(23) million, respectively | (322,378) | 77,852 | (39,249) | 77,852 |
| Fair value hedges: | ||||
| Net unrealized losses excluded from the assessment of effectiveness, net of income tax benefit of $0.3 million, $0, $0.3 million, and $0, respectively | (852) | — | (852) | — |
| Total other comprehensive income (loss) | (255,508) | (16,305) | (120,677) | 61,735 |
| Comprehensive income | $2,108,001 | $1,661,117 | $6,722,347 | $4,531,887 |
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