NETFLIX INC
For the period ended Dec 31, 2025. Filed Jan 23, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Jan 23, 2026
NFLX$63.26-1.1%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS
(in thousands, except share and per share data)
| As of December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $9,033,681 | $7,804,733 |
| Short-term investments | 28,678 | 1,779,006 |
| Other current assets | 3,957,832 | 3,516,640 |
| Total current assets | 13,020,191 | 13,100,379 |
| Content assets, net | 32,778,392 | 32,452,462 |
| Property and equipment, net | 2,004,350 | 1,593,756 |
| Other non-current assets | 7,794,060 | 6,483,777 |
| Total assets | $55,596,993 | $53,630,374 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Current content liabilities | $4,084,854 | $4,393,681 |
| Accounts payable | 900,612 | 899,909 |
| Accrued expenses and other liabilities | 3,220,869 | 2,156,544 |
| Deferred revenue | 1,775,730 | 1,520,813 |
| Short-term debt | 998,865 | 1,784,453 |
| Total current liabilities | 10,980,930 | 10,755,400 |
| Non-current content liabilities | 1,579,476 | 1,780,806 |
| Long-term debt | 13,463,971 | 13,798,351 |
| Other non-current liabilities | 2,957,128 | 2,552,250 |
| Total liabilities | 28,981,505 | 28,886,807 |
| Commitments and contingencies (Note 9) | ||
| 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 | — | — |
| 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 | 6,252,126 |
| Treasury stock at cost (346,541,145 and 259,534,600 shares at December 31, 2025 and December 31, 2024) | (22,372,658) | (13,171,638) |
| Accumulated other comprehensive income (loss) | (580,382) | 362,162 |
| Retained earnings | 42,282,118 | 31,300,917 |
| Total stockholders’ equity | 26,615,488 | 24,743,567 |
| Total liabilities and stockholders’ equity | $55,596,993 | $53,630,374 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.