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Netflix NFLX Operating Lease Liabilities (Total)

Operating Lease Liabilities (Total) at other companies

Amazon logo
AmazonAMZN
$91.62B+12.1%
Nexstar Media Group, Inc. logo
Nexstar Media Group, Inc.NXST
$341M+17.6%
FuboTV logo
FuboTVFUBO
$32.45M-8.3%
CuriosityStream logo
CuriosityStreamCURI
$3.78M-9.6%
DJT
Trump Media & Technology GroupDJT
$2.94M-2.6%
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$12.6B+13.4%
Gross profit$6.5B+13.4%
Operating income$4.2B+11.1%
Net income$3.4B+8.8%
EPS (diluted)$0.72-90.0%

Balance sheet

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Cash & equivalents$9.1B+11.3%
Total debt$14.3B-15.5%
Total equity$30.2B+20.8%
Total assets$58.5B+10.1%

Cash flow

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Operating cash flow$1.7B-28.0%
CapEx$218.6M+40.3%
Free cash flow$1.5B-32.7%

Valuation

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Market cap$308.71B-40.4%
Enterprise value$313.92B-40.4%
P/E22.6×-27.9×
P/S6.4×-6.0×

Profitability

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Gross margin49.1%+0.6pp
Operating margin29.7%+0.2pp
Net margin28.2%+3.6pp
FCF margin23.1%+2.7pp

Returns & leverage

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Return on equity49.5%+6.0pp
Debt / equity0.5×-0.2×
Current ratio1.1×-0.2×

Where this comes from

Reported directly by Netflix in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiability.

The source filing: Netflix’s 10-Q, filed April 17, 2026.

Filed
Apr 17, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001065280-26-000138
Line itemAs of / March 31,2026As of / December 31,2025
Operating lease right-of-use assets, net$2,100,470$2,207,161
Current operating lease liabilities433,478460,475
Non-current operating lease liabilities1,948,2062,052,526
Total operating lease liabilities$2,381,684$2,513,001

Item 1. Consolidated Financial Statements

FAQ

What is Netflix's operating lease liabilities (total)?
Netflix (NFLX) reported operating lease liabilities (total) of $2.38B in Q1 2026.
How has Netflix's operating lease liabilities (total) changed year-over-year?
Netflix's operating lease liabilities (total) decreased by 1.0% year-over-year, from $2.41B to $2.38B.
What is the long-term trend for Netflix's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Netflix's operating lease liabilities (total) has grown at a 2.7% compound annual growth rate (CAGR), from $2.2B to $2.51B.
What does operating lease liabilities (total) mean?
This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.

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