Netflix Files 8-K for Operations and Other Events

TL;DR

NFLX filed an 8-K on Jan 21, 2025, for ops and other events. Details TBD.

AI Summary

Netflix, Inc. filed an 8-K on January 21, 2025, to report on its results of operations and other events. The filing does not contain specific financial figures or details about the nature of the 'other events' within the provided text.

Why It Matters

This filing indicates Netflix is providing updates on its financial performance and potentially significant corporate developments to the SEC and investors.

Risk Assessment

Risk Level: low — The filing is a standard disclosure and does not contain immediate negative news or financial distress.

Key Players & Entities

• NETFLIX INC (company) — Registrant
• January 21, 2025 (date) — Date of earliest event reported
• 121 Albright Way, Los Gatos, California 95032 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — ich registered Common stock, par value $0.001 per share NFLX NASDAQ Global Select Mar
• $15 billion — horized the repurchase of an additional $15 billion of the Company's common stock, in addit
• $17.1 billion — increase, the Company had approximately $17.1 billion available for repurchases as of Decembe

Filing Documents

• nflx-20250121.htm (8-K) — 26KB
• ex991_q424.htm (EX-99.1) — 419KB
• nflxlogo2015a22a.jpg (GRAPHIC) — 5KB
• q424longtermstockpriceperf.jpg (GRAPHIC) — 75KB
• q4fxneutraloperatingmargina.jpg (GRAPHIC) — 128KB
• 0001065280-25-000033.txt ( ) — 889KB
• nflx-20250121.xsd (EX-101.SCH) — 2KB
• nflx-20250121_lab.xml (EX-101.LAB) — 21KB
• nflx-20250121_pre.xml (EX-101.PRE) — 12KB
• nflx-20250121_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On January 21, 2025, Netflix, Inc. (the "Company") announced its financial results for the quarter ended December 31, 2024. The Letter to Shareholders, which is attached hereto as Exhibit 99.1 and is incorporated herein by reference, includes reference to the non-GAAP financial information. A reconciliation to the GAAP equivalent of non-GAAP measures is contained in tabular form in Exhibit 99.1. We are not able to reconcile forward-looking non-GAAP financial measures because we are unable to predict without unreasonable effort the exact amount or timing of the reconciling items, including property and equipment and change in other assets, and the impact of changes in currency exchange rates. The variability of these items could have a significant impact on our future GAAP financial results. The information contained in this Item 2.02 and the accompanying Exhibit 99.1 are "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

01 Other Events

Item 8.01 Other Events. In December 2024, the Board of Directors (the "Board") of Netflix, Inc. (the "Company") authorized the repurchase of an additional $15 billion of the Company's common stock, in addition to the repurchase program authorized in September 2023, each without an expiration date. Following the increase, the Company had approximately $17.1 billion available for repurchases as of December 31, 2024. Stock repurchases may be effected through open market repurchases in compliance with Rule 10b-18 under the Exchange Act, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act, privately-negotiated transactions, accelerated stock repurchase plans, block purchases, or other similar purchase techniques and in such amounts as management deems appropriate. We are not obligated to repurchase any specific number of shares, and the timing and actual number of shares repurchased will depend on a variety of factors, including our stock price, general economic, business and market conditions, and alternative investment opportunities. The Company may discontinue purchases without notice at any time.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of Exhibit 99.1 Letter to Shareholders dated January 21, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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: January 21, 2025 /s/ Spencer Neumann Spencer Neumann Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR