Netflix Cash Flow Statement
NFLX / Communication Services|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Netflix generated $10.1B in operating cash flow and $9.5B in free cash flow in FY2025. Free cash flow margin was 20.9% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 24.3%
- Strong return on equity: 42.3%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $11.0B | $8.7B | $5.4B | $2.8B | $1.9B | $1.2B | $558.9M | $186.7M | $558.9M | $266.8M | $122.6M | $266.8M | $226.1M | $17.2M | $226.1M |
| Depreciation & Amortization | $333.4M | $328.9M | $356.9M | $115.7M | $103.6M | $83.2M | $71.9M | $57.5M | $71.9M | $54.0M | $62.3M | $54.0M | $43.7M | $45.5M | $43.7M |
| Operating Cash Flow | $10.1B | $7.4B | $7.3B | $2.4B | -$2.9B | -$2.7B | -$1.8B | -$1.5B | -$1.8B | $16.5M | -$749.4M | $16.5M | $317.7M | $21.6M | $317.7M |
| Capital Expenditures | $688.2M | $439.5M | $348.6M | $497.9M | $253.0M | $173.9M | $173.3M | $107.7M | $173.3M | $69.7M | $91.2M | $69.7M | $49.7M | $40.3M | $49.7M |
| Free Cash Flow | $9.5B | $6.9B | $6.9B | $1.9B | -$3.1B | -$2.9B | -$2.0B | -$1.6B | -$2.0B | -$53.2M | -$840.7M | -$53.2M | $268.0M | -$18.7M | $268.0M |
| Share Buybacks | $9.1B | $6.3B | $6.0B | $0 | $0 | - | - | - | - | - | - | - | $199.7M | $0 | $199.7M |
| FCF Margin | 20.9% | 17.8% | 20.5% | 7.7% | -15.6% | -18.1% | -16.8% | -17.9% | -16.8% | -1.0% | -12.4% | -1.0% | 8.4% | -0.5% | 8.4% |