Netflix Balance Sheet
NASDAQ: NFLXConsumer DiscretionaryConsumer Electronics/Video ChainsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Netflix financial position
At the end of fiscal 2025, Netflix reported total assets of $55.60 billion, up 3.7% from a year earlier against total liabilities of $28.98 billion. Shareholders' equity stood at $26.62 billion, or 47.9% of assets. The company held $9.03 billion in cash and equivalents against $14.46 billion of debt, a net debt position of $5.43 billion.
The current ratio (current assets divided by current liabilities) was 1.19, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.54.
Summary generated from market data by MetaCap's automated system. Methodology
Netflix balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 9.03B | 7.80B | 7.12B | 5.15B | 6.03B | 8.21B | 5.02B | 3.79B | 2.82B | 1.47B |
| Short-Term Investments | 28.68M | 1.78B | 20.97M | 911.28M | 0 | — | — | — | 0 | 266.21M |
| Total Current Assets | 13.02B | 13.10B | 9.92B | 9.27B | 8.07B | 9.76B | 6.18B | 9.69B | 7.67B | 5.72B |
| Property, Plant & Equipment | 2.00B | 1.59B | 1.49B | 1.40B | 1.32B | 960.18M | 565.22M | 418.28M | 319.40M | 250.40M |
| Intangible Assets | 32.78B | 32.45B | — | — | — | — | — | — | — | — |
| Total Assets | 55.60B | 53.63B | 48.73B | 48.59B | 44.58B | 39.28B | 33.98B | 25.97B | 19.01B | 13.59B |
| Accounts Payable | 900.61M | 899.91M | 747.41M | 671.51M | 837.48M | 656.18M | 674.35M | 562.99M | 359.56M | 312.84M |
| Short-Term Debt | 998.87M | 1.78B | 399.84M | 0 | 699.82M | 499.88M | 0 | — | — | — |
| Total Current Liabilities | 10.98B | 10.76B | 8.86B | 7.93B | 8.49B | 7.81B | 6.86B | 6.49B | 5.47B | 4.59B |
| Long-Term Debt | 13.46B | 13.80B | 14.14B | 14.35B | 14.69B | 15.81B | 14.76B | 10.36B | 6.50B | 3.36B |
| Total Liabilities | 28.98B | 28.89B | 28.14B | 27.82B | 28.74B | 28.22B | 26.39B | 20.74B | 15.43B | 10.91B |
| Shareholders' Equity | 26.62B | 24.74B | 20.59B | 20.78B | 15.85B | 11.07B | 7.58B | 5.24B | 3.58B | 2.68B |
| Retained Earnings | 42.28B | 31.30B | 22.59B | 17.18B | 12.69B | 7.57B | 4.81B | 2.94B | 1.73B | 1.13B |
| Total Debt | 14.46B | 15.58B | 14.54B | 14.35B | 15.39B | 16.31B | 14.76B | 10.36B | 6.50B | 3.36B |
| Net Cash (Debt) | -5.40B | -6.00B | -7.41B | -8.29B | -9.37B | -8.10B | -9.74B | -6.57B | -3.68B | -1.63B |
| Shares Outstanding | 4.22B | 4.28B | 432.76M | 445.35M | 443.96M | 442.90M | 438.81M | 436.60M | 433.39M | 430.05M |
This table shows 10 annual periods of Netflix's balance sheet, from FY 2025 back to FY 2016, across 16 line items including cash & equivalents, short-term investments, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow NFLX's reporting calendar. What is a balance sheet?