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Netflix (NFLX): what its SEC filings show

Two years of results through Q3 2026 (Jul–Sep 2026), in plain English. Every figure links to the SEC filing it came from.

Built by the Tribune's code from SEC filings. No AI wrote or changed any figure. No ratings or advice. Updated Nov. 3, 2026. Latest report: 10-Q, filed Oct. 21, 2026. Updates automatically when the company files its next report. How this page works

Revenue
up 12% from a year earlier
Q3 2025: $11.5B
Net income
up 44% from a year earlier
Q3 2025: $2.5B
Free cash flow
Q3 2025: $2.7B. Calculated by the Tribune
Shares outstanding
down 3% from a year earlier
Q3 2025: 4.24B. More shares means each share owns a smaller slice. Adjusted for the 10-for-1 stock split

Q3 2026 (Jul–Sep 2026) compared with Q3 2025.

What changed this quarter

  • Revenue was $12.9 billion, up 12% from $11.5 billion a year earlier. Source
  • Net income was $3.7 billion, up 44% from $2.5 billion a year earlier. Source
  • Shares outstanding fell 1.4% in three months, to 4.11 billion from 4.16 billion (calculated by the Tribune). Source

Two-year trends

Revenue

All the money the company took in from sales, before any costs.

10.2Q4 2410.5Q1 2511.1Q2 2511.5Q3 2512.1Q4 2512.2Q1 2612.6Q2 2612.9Q3 26
10.2Q4’2410.5Q1’2511.1Q2’2511.5Q3’2512.1Q4’2512.2Q1’2612.6Q2’2612.9Q3’26
Billions of dollars, as filed.

Net income

What was left after all costs, interest and taxes: the bottom line. Below the line is a loss.

1.9Q4 242.9Q1 253.1Q2 252.5Q3 252.4Q4 255.3Q1 263.4Q2 263.7Q3 26
1.9Q4’242.9Q1’253.1Q2’252.5Q3’252.4Q4’255.3Q1’263.4Q2’263.7Q3’26
Billions of dollars: net income attributable to the company's shareholders, as filed (GAAP).

Free cash flow

Cash brought in by running the business, minus spending on property and equipment. Below the line means the company spent more than it brought in that quarter.

1.4Q4 242.7Q1 252.3Q2 252.7Q3 251.9Q4 255.1Q1 261.5Q2 262.9Q3 26
1.4Q4’242.7Q1’252.3Q2’252.7Q3’251.9Q4’255.1Q1’261.5Q2’262.9Q3’26
Billions of dollars. Calculated by the Tribune: cash from operations minus payments for property and equipment, both as filed.

Shares outstanding

How many shares exist. When the number rises, each share owns a smaller slice of the company.

4.28Q4 244.26Q1 254.25Q2 254.24Q3 254.22Q4 254.21Q1 264.16Q2 264.11Q3 26
4.28Q4’244.26Q1’254.25Q2’254.24Q3’254.22Q4’254.21Q1’264.16Q2’264.11Q3’26
Billions of shares on each quarter-end date (or on the report's cover page a few weeks later). Adjusted for the 10-for-1 stock split shown in Q4 2025 (calculated by the Tribune): a split gives each shareholder more, smaller shares and doesn't change what they own.

Cash and short-term investments compared with debt

Cash on hand next to what the company owes in loans and bonds.

Cash and short-term investmentsDebt
1016Q4 24815Q1 25814Q2 25914Q3 25914Q4 251214Q1 26914Q2 26815Q3 26
Q4’24Q1’25Q2’25Q3’25Q4’25Q1’26Q2’26Q3’26
Billions of dollars at each quarter-end. Debt = short-term plus long-term debt, only when both are filed for that date (calculated by the Tribune). A dash means no data.

Warning-sign checks

Code looks for these filings in the last three years and reports only that a filing exists, never what it means for the stock.

Auditor change
The company changed the accounting firm that checks its books.
None in the last three years
Past results can't be relied on
The company said earlier reported results were wrong and will be corrected.
None in the last three years
Late filing
The company told the SEC a required report would be late.
None in the last three years

Every figure and its filing

Each figure links to the 10-Q or 10-K it came from. "No data" means it wasn't filed in a form the methodology accepts; nothing is estimated.

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Figures as filed in 10-Q and 10-K reports; the latest filing wins. Single quarters, the fourth quarter (the full year minus the first nine months), free cash flow, margins and changes are calculated by the Tribune. Methodology version 1.2. How this page works · All of Netflix's filings on SEC EDGAR