Netflix Net Change in Cash increased by 13.7% to $1.11B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 33.4%, from $832.04M to $1.11B. Over 2 years (FY 2021 to FY 2024), Net Change in Cash shows an upward trend with a -43.8% CAGR.
An increase suggests the company is accumulating liquidity, while a decrease indicates it spent more on operations, investments, or debt/shareholder returns than it brought in. For mature tech firms, a decrease often signals aggressive capital expenditure or heavy share repurchases rather than operational weakness.
The total change in a company's cash, cash equivalents, and restricted cash over a specific reporting period. It is the...
At large-cap technology peers, this figure is often highly influenced by the timing of multi-billion dollar acquisitions, the scale of data center infrastructure investment, and the pace of share buyback programs.
cf_net_change_in_cash| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$631.84M | -$251.65M | -$1.50B | -$20.61M | -$190.09M | $295.91M | -$969.73M | $1.57B | $928.25M | -$309.43M | -$91.93M | -$399.54M | $832.04M | $348.25M | -$603.31M | $976.55M | $1.11B |
| QoQ Change | — | +60.2% | -495.2% | +98.6% | -822.3% | +255.7% | -427.7% | +261.6% | -40.8% | -133.3% | +70.3% | -334.6% | +308.2% | -58.1% | -273.2% | +261.9% | +13.7% |
| YoY Change | — | — | — | — | +69.9% | +217.6% | +35.3% | >999% | +588.3% | -204.6% | -105.9% | -143.0% | +368.9% | — | -556.3% | +344.4% | +33.4% |
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