NFLX Operating cash flow
Operating cash flow at Netflix rose to $10.1B in fiscal 2025, the highest in the 5 years reported, from $7.4B in 2024.
Net cash provided by operating activities, as filed.
SOURCE: us-gaap:NetCashProvidedByUsedInOperatingActivities · EDGAR CompanyFacts · CIK 1065280 · EDGAR ↗ · FY2021–FY2025 · ANNUAL
History AS FILED · DERIVATION SHOWN WHERE DERIVED
| Fiscal year | Operating cash flow | Change |
|---|---|---|
| FY2025 | $10.1B | +$2.8B |
| FY2024 | $7.4B | +$87M |
| FY2023 | $7.3B | +$5.2B |
| FY2022 | $2.0B | +$1.6B |
| FY2021 | $393M | — |
Cross-checks touching this measure FROM THE FILING REVIEW
◐ PARTLYoperating cash flow
2 of 3 quoted figures reconcile ($2,788 million against net cash provided by operating activities; 26% against net income incl. noncontrolling interests); $2,270 million does not map to a filed line on this page — carried as partly supported. The source sentence carries qualifiers beyond the 40-word quote limit; carried as partly supported.
FY2025 10-K · FULL RECONCILIATION →✓ CLEANCash conversion stability
OCF ÷ NI ran 0.92× · 0.84× · 1.35× across three years — swing 0.51×, inside the 1.00× threshold.
FY2025 10-K · FULL RECONCILIATION →✓ CLEANCapital returned vs free cash flow
Capital returned ran 0.96× of free cash flow (threshold 1.00×).
FY2025 10-K · FULL RECONCILIATION →✓ CLEANStock compensation in cash flow
Share-based compensation is 3.6% of operating cash flow (threshold 15%).
FY2025 10-K · FULL RECONCILIATION →More SAME DATA, OTHER VIEWS
Operating cash flow across coverage → · NFLX company view →
Revenue · Net income · Free cash flow · Capital expenditure · Cash & equivalents · Total assets · Shareholders' equity · Return on equity
Not investment advice. Every figure on this page is an XBRL fact from the issuer's own SEC filings or an arithmetic over such facts with the method shown. No forecast is made; no posture is expressed.