Netflix (NFLX)

Company Profile

Netflix is the world's leading streaming entertainment service with over 195 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

Company profile

Ticker

NFLX

Exchange

NASDAQ

Website

www.netflix.com

CEO

Reed Hastings

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Information > Internet Publishing and Broadcasting and Web Search Portals

Industry (SIC)

Services - Video Tape Rental

iQIYI • Redbox Entertainment • Cinedigm • InCapta ...

Former names

NETFLIX COM INC

SEC CIK

0001065280

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Netflix Entretenimento Brasil LTDA • Netflix International B.V. • Netflix G.K. • Netflix Studios, LLC • Netflix Global, LLC • Netflix México S. de R.L. de C.V. • Netflix Pte. Ltd. • Netflix Services France S.A.S. • Netflix Services UK Limited • Netflix Servicios de Transmisión España, S.L. ...

IRS number

770467272

NFLX stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$280.57

Low target

$162.00

High target

$370.00

Latest filings (excl ownership)

View all

8-K

Departure of Directors or Certain Officers

20 Oct 22

Results of Operations and Financial Condition

18 Oct 22

8-K

Departure of Directors or Certain Officers

21 Jul 22

Results of Operations and Financial Condition

19 Jul 22

8-K

Departure of Directors or Certain Officers

13 Jun 22

8-K

Amendments to Articles of Incorporation or Bylaws

8 Jun 22

DEFA14A

Additional proxy soliciting materials

23 May 22

PX14A6G

Letter to shareholders

18 May 22

Transcripts

View all

NFLX

Earnings call transcript

2022 Q3

19 Oct 22

NFLX

Earnings call transcript

2022 Q2

20 Jul 22

NFLX

Earnings call transcript

2022 Q1

20 Apr 22

NFLX

Earnings call transcript

2021 Q4

21 Jan 22

NFLX

Earnings call transcript

2021 Q3

20 Oct 21

NFLX

Earnings call transcript

2021 Q2

21 Jul 21

NFLX

Earnings call transcript

2021 Q1

21 Apr 21

NFLX

Earnings call transcript

2020 Q4

20 Jan 21

NFLX

Earnings call transcript

2020 Q3

21 Oct 20

NFLX

Earnings call transcript

2020 Q2

17 Jul 20

Latest ownership filings

View all

Financial summary

Financial statements Chart NFLX financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	6.14 bn	6.14 bn	6.14 bn	6.14 bn	6.14 bn	6.14 bn
Cash burn (monthly)	(no burn)	117.72 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	248.03 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	5.89 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	50.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Netflix earnings reports.

Institutional ownership, Q3 2022

NFLX institutional ownership history Ownership history

78.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1631	1542	+5.8%
Opened positions	262	169	+55.0%
Closed positions	173	562	-69.2%
Increased positions	591	663	-10.9%
Reduced positions	578	553	+4.5%

13F shares	Current	Prev Q	Change
Total value	81.78 bn	63.76 bn	+28.3%
Total shares	344.74 mm	352.04 mm	-2.1%
Total puts	28.82 mm	37.84 mm	-23.8%
Total calls	23.72 mm	19.63 mm	+20.8%
Total put/call ratio	1.2	1.9	-37.0%

Largest owners	Shares	Value	Change
Vanguard	35.12 mm	$8.27 bn	+1.5%
BLK Blackrock	28.04 mm	$6.60 bn	+0.9%
FMR	20.03 mm	$4.72 bn	+18.8%
Growth Fund Of America	18.61 mm	$4.98 bn	0.0%
Capital Research Global Investors	15.34 mm	$3.61 bn	+3.1%
Capital International Investors	14.36 mm	$3.38 bn	+4.2%
Capital World Investors	12.79 mm	$3.01 bn	+9.7%
T. Rowe Price	11.41 mm	$2.69 bn	+21.2%
Geode Capital Management	7.93 mm	$1.87 bn	+2.5%
Polen Capital Management	7.33 mm	$1.73 bn	+53.9%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-17.25 mm	EXIT
FMR	20.03 mm	+3.17 mm	+18.8%
Polen Capital Management	7.33 mm	+2.57 mm	+53.9%
Matrix Capital Management	0.00	-2.00 mm	EXIT
T. Rowe Price	11.41 mm	+1.99 mm	+21.2%
Two Sigma Advisers	172.20 k	-1.72 mm	-90.9%
Wellington Management	1.54 mm	+1.46 mm	+1862.0%
JPM JPMorgan Chase & Co.	3.60 mm	+1.46 mm	+68.2%
Two Sigma Investments	3.42 k	-1.32 mm	-99.7%
Jennison Associates	2.60 mm	+1.14 mm	+77.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NFLX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Dec 22	Bradford L Smith	NQSO Common Stock	Grant	Acquire A	No	No	316.95	197	62.44 k	197
1 Dec 22	Leslie J Kilgore	NQSO Common Stock	Grant	Acquire A	No	No	316.95	197	62.44 k	197
1 Dec 22	Ann Mather	NQSO Common Stock	Grant	Acquire A	No	No	316.95	197	62.44 k	197
1 Dec 22	Reed Hastings	NQSO Common Stock	Grant	Acquire A	No	No	316.95	22,348	7.08 mm	22,348
1 Dec 22	Gregory K Peters	NQSO Common Stock	Grant	Acquire A	No	No	316.95	5,258	1.67 mm	5,258