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NetFlix (NFLX) 10-K Filings

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Here are the 10-K annual reports from NetFlix Inc (NFLX) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow NFLX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NFLX filings page.

Rhea-AI Summary

Netflix, Inc. files its annual report outlining its global streaming-focused business, key risks, and a planned acquisition of Warner Bros. Discovery’s streaming and studios operations. The company emphasizes growth through compelling content, an ad-supported tier, games and live programming, while competing against traditional TV, other streamers, gaming and social media for viewer time. As of June 30, 2025, non‑affiliate market value was $565.7 billion, and as of December 31, 2025 there were 4,222,162,150 common shares outstanding. Netflix reports about 16,000 full‑time employees worldwide and highlights its high‑pay, culture‑driven talent model. The filing details substantial obligations, including $14.5 billion of senior notes and $5.7 billion of content liabilities, plus significant additional financing commitments tied to the proposed WBD transaction, which could materially increase leverage and execution risk.