NFLX Netflix
FY2025 10-K
Netflix (NFLX) filed its fiscal year 2025 10-K annual report with the SEC on Jan 23, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2025 10-K
Business Overview
- • Core business streaming entertainment services globally with TV series, films, games, live programming, and ad-supported plans
- • Updated "Netflix Culture Memo" in 2024 emphasizing inclusive, top-of-market personalized employee compensation
Management Discussion & Analysis
- • Revenue $45.2B in 2025, up 16% ($6.2B) YoY driven by membership growth, price increases, and advertising
- • Operating income $13.3B, +28% YoY; operating margin 29.5% vs 26.7% in 2024 and 20.6% in 2023
Risk Factors
- • EU member state levies and financial obligations under European law impacting streaming service costs
- • Macroeconomic inflation causing slower membership growth in highly penetrated countries, risking margin and liquidity pressure
Financial SummaryXBRL
Revenue
$45.2B
Net Income
$11.0B
Operating Margin
29.5%
Net Margin
24.3%
ROE
41.3%
Total Assets
$55.6B
EPS (Diluted)
$2.53
Operating Cash Flow
$10.1B
Source: XBRL data from Netflix FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on Netflix
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.