Netflix Quarterly Cash Flow Statement
NASDAQ: NFLXConsumer DiscretionaryConsumer Electronics/Video ChainsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Netflix free cash flow
In the quarter ended Jun 30, 2026, Netflix generated $1.74 billion of operating cash flow and spent $218.6 million on capital expenditures. That left free cash flow of $1.53 billion, a free-cash-flow margin of 12.1% of revenue. Free cash flow was down 32.7% from the prior year's $2.27 billion.
Netflix returned $4.71 billion to shareholders through share repurchases, equal to 309% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Netflix cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 3.40B | 5.28B | 2.42B | 2.55B | 3.13B | 2.89B | 1.87B | 2.36B | 2.15B | 2.33B | 937.84M | 1.68B |
| Net Income growth (YoY) | +8.83% | +82.77% | +29.43% | +7.76% | +45.55% | +23.93% | +99.25% | +40.90% | +44.35% | +78.70% | +1596.40% | +19.97% |
| Depreciation & Amortization | 100.53M | 98.58M | 85.98M | 87.33M | 80.01M | 80.07M | 79.54M | 80.91M | 81.23M | 87.23M | 86.57M | 90.66M |
| Stock-Based Compensation | 131.31M | 140.41M | 134.62M | 80.99M | 80.86M | 71.98M | 61.83M | 65.65M | 68.77M | 76.34M | 82.52M | 79.72M |
| Change in Working Capital | -1.35B | 1.26B | 303.83M | 842.92M | -137.55M | 118.90M | 138.55M | 248.94M | -129.43M | 133.03M | 155.88M | -139.15M |
| Operating Cash Flow | 1.74B | 5.29B | 2.11B | 2.83B | 2.42B | 2.79B | 1.54B | 2.32B | 1.29B | 2.21B | 1.66B | 1.99B |
| Capital Expenditures | -218.64M | -196.13M | -239.34M | -164.72M | -155.89M | -128.28M | -158.67M | -126.86M | -78.29M | -75.71M | -81.63M | -103.93M |
| Investing Cash Flow | -218.64M | -781.87M | -256.53M | 43.87M | 768.68M | 485.66M | -158.67M | -1.87B | -78.29M | -75.71M | 411.60M | 296.07M |
| Share Repurchases | -4.71B | -1.27B | -2.08B | -1.86B | -1.65B | -3.54B | -963.75M | -1.70B | -1.60B | -2.00B | -2.50B | -2.50B |
| Debt Issued | — | — | 0 | 0 | — | — | 0 | 1.79B | — | — | 0 | 0 |
| Debt Repaid | 0 | 0 | 0 | 0 | -1.03B | -800.00M | 0 | 0 | 0 | -400.00M | 0 | 0 |
| Financing Cash Flow | -4.67B | -1.23B | -2.08B | -1.74B | -2.50B | -4.03B | -678.70M | 226.60M | -1.49B | -2.13B | -2.45B | -2.48B |
| Net Change in Cash | -3.16B | 3.23B | -251.67M | 1.11B | 976.54M | -603.31M | 348.25M | 832.04M | -399.54M | -91.93M | -238.32M | -309.43M |
| Free Cash Flow | 1.53B | 5.09B | 1.87B | 2.66B | 2.27B | 2.66B | 1.38B | 2.19B | 1.21B | 2.14B | 1.58B | 1.89B |
This table shows 12 quarterly periods of Netflix's cash flow statement, from Q2 2026 back to Q3 2023, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NFLX's reporting calendar. What is a cash flow statement?