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.
Revenue, margin, and free cash flow are now compounding together.
AnalystBook Intelligence · FY2025 10-K✓ Figures checked against SEC
- 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
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Every figure in the brief links to the filing paragraph it came from, and a brief whose figures don't match SEC data is rejected before publication.
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