Netflix enacts 10-for-1 split; authorizes 49.9B common shares

Netflix, Inc. approved and effected a ten-for-one forward stock split of its issued common stock.

Accepted by SEC EDGAR 11/14/2025 - 04:07 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Netflix, Inc. approved and effected a ten-for-one forward stock split of its issued common stock. To implement the split, the company filed a Certificate of Amendment that proportionately increased authorized common shares from 4,990,000,000 to 49,900,000,000, effective at 4:01 p.m. Eastern Time on November 14, 2025.

Trading in Netflix stock is expected to begin on a split-adjusted basis at market open on November 17, 2025. A forward split increases the number of shares each holder owns while proportionally adjusting the share price, leaving each investor’s overall economic interest unchanged.

Insights

Corporate actions analyst

10-for-1 split effective; authorized shares raised proportionately.

Netflix implemented a ten-for-one forward stock split, increasing the number of outstanding shares while proportionally reducing the per-share price. The amendment also raised authorized common stock from 4,990,000,000 to 49,900,000,000 to align with the split.

The action is administrative and does not change shareholders’ aggregate ownership value. The higher authorized share count provides structural capacity but does not, by itself, issue new shares.

Key dates are effectiveness at November 14, 2025 (4:01 p.m. ET) and split-adjusted trading from November 17, 2025. Subsequent filings may provide additional corporate actions if any are pursued.

8-K Event Classification

2 items: 5.03, 9.01

2 items

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance

The company amended its charter documents, bylaws, or changed its fiscal year.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What corporate action did Netflix (NFLX) announce?

Netflix effected a ten-for-one forward stock split of its issued common stock.

When does NFLX begin trading on a split-adjusted basis?

Split-adjusted trading is expected to begin at market open on November 17, 2025.

What happened to Netflix’s authorized share count?

Authorized common shares increased from 4,990,000,000 to 49,900,000,000, effective November 14, 2025.

When did the stock split become effective?

The amendment became effective at 4:01 p.m. Eastern Time on November 14, 2025.

Does the stock split change an investor’s overall stake?

No. A forward split increases share count and reduces price proportionally, leaving overall economic ownership unchanged.

Is Netflix issuing new shares with this action?

No issuance is described. The filing raises the authorized share limit to align with the split.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NETFLIX INC0001065280falseDecember 3100010652802025-11-142025-11-14

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________________________

FORM 8-K

__________________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

November 14, 2025

__________________________________

NETFLIX, INC.

(Exact name of registrant as specified in its charter)

__________________________________

Delaware

001-35727

77-0467272

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

121 Albright Way, Los Gatos, California

95032

(Address of principal executive offices)

(Zip Code)

(408) 540-3700

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

__________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common stock, par value $0.001 per share			NFLX			NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On October 30, 2025, Netflix, Inc. (the “Company”) announced a ten-for-one forward stock split (the “Stock Split”) of the Company’s issued common stock. On November 14, 2025, the Company filed an amendment (the “Amendment”) to the Company’s Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the Stock Split and proportionately increase the number of shares of the Company’s authorized common stock from 4,990,000,000 to 49,900,000,000. The Amendment, which became effective at 4:01 p.m. Eastern Time on November 14, 2025, is filed as Exhibit 3.1 to this Current Report on Form 8-K.

Trading is expected to commence on a split-adjusted basis at market open on November 17, 2025.

Item 9.01 Financial Statements and Exhibits.

(d)   Exhibits

 

Exhibit Number			Description of Exhibit
3.1			Certificate of Amendment of Amended and Restated Certificate of Incorporation
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

						NETFLIX, INC.
Date:			November 14, 2025
						/s/ David Hyman
						David Hyman
						Chief Legal Officer and Secretary