Netflix, Inc. (NFLX) balance sheet
NASDAQ · Communication Services · Entertainment · 16,000 employees · CEO Theodore A. Sarandos
- Price
- $62.08 +0.05%
- Market cap
- $258B
- Enterprise value
- $265B
- Last report
- Q3 '26 filed 2026-10-21
- Next report
- 2027-01-19 EPS est. $0.68
At the end of Q3 '26 Netflix, Inc. (NFLX) held $8.22B in cash and short-term investments against $15.1B of debt incl. leases. Total assets $58.7B, total liabilities $29.4B, shareholders' equity $29.3B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $7.12B | $7.02B | $6.62B | $7.46B | $7.8B | $7.2B | $8.18B | $9.29B | $9.03B | $12.3B | $9.1B | $8.19B | |
| Short-term investments | $21M | $21M | $31M | $1.77B | $1.78B | $1.17B | $213M | $37.1M | $28.7M | $28.7M | $28.7M | $28.7M | |
| Receivables | $1.84B | $1.23B | $1.28B | $1.22B | $1.99B | $1.45B | $1.58B | $1.69B | $2.58B | $2B | $2B | $0 | |
| Other current assets | $529M | $1.19B | $1.24B | $1.25B | $1.1B | $1.39B | $1.57B | $1.48B | $876M | $2.18B | $2.14B | $5B | |
| Current assets | $9.92B | $9.92B | $9.62B | $12.1B | $13.1B | $11.7B | $12B | $13B | $13B | $17.1B | $13.9B | $13.2B | |
| Property, plant & equipment (net) | $1.49B | $1.5B | $1.51B | $1.57B | $1.59B | $1.64B | $1.74B | $1.84B | $2B | $2.15B | $2.4B | $2.56B | |
| Intangible assets | $31.7B | $31.7B | $31.9B | $32.2B | $32.5B | $32B | $32.1B | $32.6B | $32.8B | $33.4B | $33.8B | $34.6B | |
| Other non-current assets | $5.66B | $5.74B | $6.05B | $6.41B | $6.48B | $6.7B | $7.27B | $7.49B | $7.79B | $8.42B | $8.36B | $8.29B | |
| Non-current assets | $38.8B | $38.9B | $39.5B | $40.2B | $40.5B | $40.4B | $41.1B | $42B | $42.6B | $43.9B | $44.6B | $45.5B | |
| Total assets | $48.7B | $48.8B | $49.1B | $52.3B | $53.6B | $52.1B | $53.1B | $54.9B | $55.6B | $61B | $58.5B | $58.7B | |
| Liabilities | |||||||||||||
| Accounts payable | $747M | $607M | $599M | $642M | $900M | $614M | $633M | $793M | $901M | $895M | $815M | $860M | |
| Accrued expenses | $1.8B | $1.98B | $1.88B | $2.24B | $2.16B | $2.36B | $2.49B | $3.11B | $3.22B | $4.44B | $3.17B | $3.3B | |
| Short-term debt | $400M | $799M | $1.8B | $1.82B | $1.78B | $1.01B | $0 | $0 | $999M | $999M | $2.48B | $2.47B | |
| Deferred revenue | $1.44B | $1.47B | $1.47B | $1.51B | $1.52B | $1.61B | $1.73B | $1.72B | $1.78B | $1.74B | $1.8B | $1.78B | |
| Other current liabilities | $4.08B | $4.04B | $3.97B | $4.06B | $3.97B | $3.69B | $4.09B | $4.1B | $4.08B | $4.05B | $3.87B | $3.89B | |
| Current liabilities | $8.86B | $9.29B | $10.1B | $10.7B | $10.8B | $9.72B | $8.94B | $9.73B | $11B | $12.1B | $12.1B | $12.3B | |
| Long-term debt | $14.1B | $13.2B | $12.2B | $14.2B | $13.8B | $14B | $14.5B | $14.5B | $13.5B | $13.4B | $11.8B | $12.7B | |
| Lease obligations (non-current) | $2.05B | $2.1B | $2.13B | $2.09B | $1.98B | $1.97B | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-current liabilities | $3.09B | $2.86B | $2.54B | $2.6B | $2.35B | $2.36B | $4.75B | $4.79B | $4.54B | $4.4B | $4.34B | $4.44B | |
| Non-current liabilities | $19.3B | $18.2B | $16.8B | $18.9B | $18.1B | $18.3B | $19.2B | $19.2B | $18B | $17.8B | $16.2B | $17.1B | |
| Total liabilities | $28.1B | $27.5B | $27B | $29.6B | $28.9B | $28.1B | $28.1B | $29B | $29B | $29.9B | $28.3B | $29.4B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $5.15B | $5.49B | $5.68B | $5.89B | $6.25B | $6.68B | $6.93B | $7.08B | $7.29B | $7.48B | $7.67B | $7.9B | |
| Retained earnings | $22.6B | $24.9B | $27.1B | $29.4B | $31.3B | $34.2B | $37.3B | $39.9B | $42.3B | $47.6B | $51B | $54.6B | |
| Accumulated other comprehensive income | -$224M | -$112M | -$89.1M | -$345M | $362M | -$85.7M | -$905M | -$719M | -$580M | -$235M | -$97.1M | -$9.45M | |
| Shareholders' equity | $20.6B | $21.4B | $22.1B | $22.7B | $24.7B | $24B | $25B | $26B | $26.6B | $31.1B | $30.2B | $29.3B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $17B | $16.5B | $16.5B | $18.5B | $18B | $17.4B | $14.5B | $14.5B | $14.5B | $14.4B | $14.3B | $15.1B | |
| Net debt (debt - cash) | $9.86B | $9.49B | $9.9B | $11.1B | $10.2B | $10.2B | $6.28B | $5.18B | $5.43B | $2.1B | $5.21B | $6.94B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $1.47B | $2.82B | $3.79B | $5.02B | $8.21B | $6.03B | $5.15B | $7.12B | $7.8B | $9.03B | |
| Short-term investments | $266M | $0 | $0 | $0 | $0 | $0 | $911M | $21M | $1.78B | $28.7M | |
| Receivables | $0 | $0 | $570M | $454M | $611M | $804M | $1.59B | $1.84B | $1.99B | $2.58B | |
| Other current assets | $3.99B | $4.85B | $5.15B | $525M | $742M | $914M | $1.23B | $529M | $1.1B | $876M | |
| Current assets | $5.72B | $7.67B | $9.69B | $6.18B | $9.76B | $8.07B | $9.27B | $9.92B | $13.1B | $13B | |
| Property, plant & equipment (net) | $250M | $319M | $418M | $565M | $960M | $1.32B | $1.4B | $1.49B | $1.59B | $2B | |
| Long-term investments | $0 | $4.4M | $16.3M | $16.3M | $31.5M | $24.1M | $0 | $0 | $0 | $0 | |
| Intangible assets | $7.27B | $10.4B | $15B | $24.5B | $25.4B | $30.9B | $32.7B | $31.7B | $32.5B | $32.8B | |
| Other non-current assets | $341M | $648M | $895M | $2.71B | $3.14B | $4.25B | $5.17B | $5.66B | $6.48B | $7.79B | |
| Non-current assets | $7.87B | $11.3B | $16.3B | $27.8B | $29.5B | $36.5B | $39.3B | $38.8B | $40.5B | $42.6B | |
| Total assets | $13.6B | $19B | $26B | $34B | $39.3B | $44.6B | $48.6B | $48.7B | $53.6B | $55.6B | |
| Liabilities | |||||||||||
| Accounts payable | $313M | $360M | $563M | $674M | $656M | $837M | $672M | $747M | $900M | $901M | |
| Accrued expenses | $198M | $315M | $482M | $843M | $1.1B | $1.45B | $1.51B | $1.8B | $2.16B | $3.22B | |
| Short-term debt | $0 | $0 | $0 | $0 | $500M | $700M | $0 | $400M | $1.78B | $999M | |
| Deferred revenue | $443M | $619M | $761M | $925M | $1.12B | $1.21B | $1.26B | $1.44B | $1.52B | $1.78B | |
| Other current liabilities | $3.63B | $4.17B | $4.68B | $4.22B | $4.17B | $3.98B | $4.48B | $4.08B | $3.97B | $4.08B | |
| Current liabilities | $4.59B | $5.47B | $6.49B | $6.86B | $7.81B | $8.49B | $7.93B | $8.86B | $10.8B | $11B | |
| Long-term debt | $3.36B | $6.5B | $10.4B | $14.8B | $15.8B | $14.7B | $14.4B | $14.1B | $13.8B | $13.5B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $1.42B | $1.95B | $2.41B | $0 | $2.05B | $1.98B | $0 | |
| Other non-current liabilities | $2.96B | $3.47B | $3.89B | $3.36B | $2.65B | $3.14B | $5.53B | $3.09B | $2.35B | $4.54B | |
| Non-current liabilities | $6.32B | $9.96B | $14.2B | $19.5B | $20.4B | $20.2B | $19.9B | $19.3B | $18.1B | $18B | |
| Total liabilities | $10.9B | $15.4B | $20.7B | $26.4B | $28.2B | $28.7B | $27.8B | $28.1B | $28.9B | $29B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $1.6B | $1.87B | $2.32B | $2.79B | $3.45B | $4.02B | $4.64B | $5.15B | $6.25B | $7.29B | |
| Retained earnings | $1.13B | $1.73B | $2.94B | $4.81B | $7.57B | $12.7B | $17.2B | $22.6B | $31.3B | $42.3B | |
| Accumulated other comprehensive income | -$48.6M | -$20.6M | -$19.6M | -$23.5M | $44.4M | -$40.5M | -$217M | -$224M | $362M | -$580M | |
| Shareholders' equity | $2.68B | $3.58B | $5.24B | $7.58B | $11.1B | $15.8B | $20.8B | $20.6B | $24.7B | $26.6B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $3.36B | $6.5B | $10.4B | $16.4B | $18.5B | $18.1B | $14.4B | $17B | $18B | $14.5B | |
| Net debt (debt - cash) | $1.9B | $3.68B | $6.57B | $11.4B | $10.3B | $12.1B | $9.21B | $9.86B | $10.2B | $5.43B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01