← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Revenue, margin, and free cash flow are now compounding together.
The read at a glance✓ Audited against SEC data
- Growth — +16% revenue to $45.2BOK
- Profitability — $13.3B operating income; 29.5% marginOK
- Cash quality — $9.5B FCF, up 37%OK
- Balance sheet — $9.1B cash+STI vs $13.5B long-term debtNote
- Accounting — Formula-grey distress score · M/EQ not computed · clean auditNote
- Model — Monthly membership fees remain the revenue engineOK
Business
Netflix is a global entertainment service offering TV series, films, games, and live programming. It operates as one segment, with revenue primarily from monthly membership fees for streaming content.
Where the revenue comes from
Fiscal 2025, as NETFLIX INC reports it. History and quarterly detail are in the app.
Leadership changes
From NETFLIX INC's own filings, the day they're filed.
- Anne Sweeney · Directors · departureeff. 2026-07-26
- Elinor Mertz · Directors · departureeff. 2025-06-22
- Ambassador Susan Rice · Directors · appointmenteff. 2023-09-06
Latest filings
- 8-K · Company announcement2026-07-30
- 8-K · Company announcement2026-07-22
- 10-Q · Quarterly report2026-07-17
- 8-K · Company announcement2026-07-16
- 8-K · Company announcement2026-06-05
In the full recordFree for 14 days
- ✦ What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- ✦ Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about NETFLIX INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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