FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

NFLX
2026-06-30 · figures in $M

FCF DOWN

Free cash flow fell 6.2% to $11.2B, and covered net income 0.82×.

CASH FROM OPS -5.4%
11,971 24.7% MGN
CAPITAL EXPENDITURE +8.3%
819
FREE CASH FLOW -6.2%
11,152
FCF / NET INCOME -8.1%
0.82× TARGET >1.0×
Cash flow TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY TTM 8Q
Net income
10-Q
7,781 8,712 9,270 10,248 10,431 10,981 13,374 13,650 +2.1% +33.2% 13,650 2024-09-30 · $2.4B2024-12-31 · $1.9B2025-03-31 · $2.9B2025-06-30 · $3.1B2025-09-30 · $2.5B2025-12-31 · $2.4B2026-03-31 · $5.3B2026-06-30 · $3.4B
Depreciation & amortization
10-Q
336 329 322 321 327 333 352 372 +5.8% +16.2% 372
Stock-based comp
10-Q
293 273 268 280 296 368 437 487 +11.5% +73.8% 487
Cash from operations
10-Q
7,487 7,361 7,938 9,070 9,575 10,149 12,650 11,971 -5.4% +32.0% 11,971 2024-09-30 · $2.3B2024-12-31 · $1.5B2025-03-31 · $2.8B2025-06-30 · $2.4B2025-09-30 · $2.8B2025-12-31 · $2.1B2026-03-31 · $5.3B2026-06-30 · $1.7B
Cash conversion
10-Q
0.96× 0.85× 0.86× 0.89× 0.92× 0.92× 0.95× 0.88× -7.3% -0.9% 0.88×
Capital expenditures
10-Q
(362) (440) (492) (570) (608) (688) (756) (819) +8.3% +43.7% (819)
Free cash flow
7,125 6,922 7,446 8,501 8,967 9,461 11,894 11,152 -6.2% +31.2% 11,152 2024-09-30 · $2.2B2024-12-31 · $1.4B2025-03-31 · $2.7B2025-06-30 · $2.3B2025-09-30 · $2.7B2025-12-31 · $1.9B2026-03-31 · $5.1B2026-06-30 · $1.5B
FCF margin
19.0% 17.7% 18.5% 20.4% 20.7% 20.9% 25.4% 23.1% -9.1% +13.1% 23.1%
Cash from investing
10-Q
-1,612 -2,182 -1,620 -773 1,140 1,042 -226 -1,213 — — -1,213
Share repurchases
10-Q
7,800 6,264 7,800 7,854 8,011 9,127 6,861 9,921 +44.6% +26.3% 9,921
Debt repayment
10-Q
400 400 800 1,833 1,833 1,833 1,033 0 -100.0% -100.0% 0
Cash from financing
10-Q
-5,848 -4,074 -5,970 -6,983 -8,947 -10,346 -7,548 -9,715 — — -9,715
Net change in cash
10-Q
102 689 177 1,554 1,832 1,232 5,063 922 -81.8% -40.6% 922
Ending cash balance
10-Q
7,457 7,805 7,200 8,177 9,287 9,034 12,260 9,099 -25.8% +11.3% 9,099

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM11,894 CASH FROM OPERATIONS-679 CAPITAL EXPENDITURES-63 TO11,152
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-17 ↗