What is the 13F Pro Quality Score for NFLX?

13F Pro ranks NETFLIX INC (NFLX) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View NFLX's current score at https://13fpro.ai/research/NFLX (free sign-up required for the full ranking).

Which hedge funds own the most NFLX stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of NFLX include BlackRock,, VANGUARD CAPITAL MANAGEMENT, FMR. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/NFLX as soon as new 13F filings post.

Where does 13F Pro source NFLX data?

All NETFLIX INC fundamentals and ownership data come directly from SEC EDGAR. NETFLIX INC files with the SEC under CIK 1065280. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is NFLX in?

NETFLIX INC (NFLX) is classified in the Communication Services sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/communication-services.

What drives NFLX's revenue?

Per NETFLIX INC's latest 10-Q filed with the SEC on 2026-04-17, the biggest revenue drivers are: United States and Canada (UCAN) ($5.2B, +14% YoY); Europe, Middle East, and Africa (EMEA) ($4.0B, +17% YoY); Asia-Pacific (APAC) ($1.5B, +20% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/NFLX.

What are NFLX's largest expenses?

NETFLIX INC's latest 10-Q reports these as the largest expense items: Cost of revenues ($5.9B, +12% YoY); General and administrative ($603M, +43% YoY); Sales and marketing ($842M, +22% YoY). Sourced directly from SEC EDGAR filing text for Q1 FY2026 (quarter ended March 31, 2026).

How often is NFLX research updated on 13F Pro?

NFLX's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

NETFLIX INC(NFLX)Stock Analysis

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Communication Services →Nasdaq

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SEC EDGAR: CIK 1065280 NFLX stock profile & AI dashboard →

13F Pro Quality Score

86.7/100

Rank #7 of 2,879 stocksTOP 1%

View Communication Services peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

74.8/100

Profitability

92.2/100

Balance Sheet

98.1/100

Earnings Quality

81.7/100

Free Cash Flow

84.6/100

Institutional Flow

83.2/100

Revenue Scale

96.9/100

Dilution Risk

62.6/100

NFLX Stock Analysis & AI Quality Score

AI stock analysis and institutional research for NETFLIX INC (NFLX), a Communication Services sector company. 13F Pro's AI-powered ranking engine scores NFLX at 86.7/100 on a 32-signal composite quality model, placing it at rank #7 of 2,879 stocks — the top 1% of the AI-ranked universe. NFLX scores in the top quartile across balance sheet strength (98.1), revenue scale (96.9), profitability (92.2). Based on the latest XBRL financial filings (Q1 2026), NETFLIX INC reports quarterly revenue of $12.2B, net income of $5.3B, free cash flow of $5.1B. Top institutional holders of NFLX by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, FMR, based on the most recent SEC filings. NFLX trades on the Nasdaq exchange and files with the SEC under CIK 1065280. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NFLX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NETFLIX INC directly from SEC EDGAR. NETFLIX INC's 13F Pro composite quality score has ranged between 65 and 87 since 2021, currently 86.7 — an improving long-term trajectory across 28 quarterly and live scoring snapshots.

✦

Fun facts about Netflix Inc

Quirks, history, and lore behind NFLX — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. media company · mega-cap · listed on Nasdaq · headquartered in California.
2
The Numbers
Roughly $40 billion in annual revenue, and it spends nearly half of that — about $17 billion a year — making its own product.
3
The History
Founded in 1997 with a business model that involved the U.S. Postal Service and little red envelopes.
4
The Secret
In 2000 it offered to sell itself to its biggest rival for $50 million — and was laughed out of the room. That rival went bankrupt; this company is now worth thousands of times that price.
5
The Lore
It mailed its last DVD in 2023. Its founder co-wrote a book called "No Rules Rules" about its famously brutal culture memo.
6
The Giveaway
~300 million subscribers binge its shows — Stranger Things, Squid Game, Wednesday — and "to chill" entered the language because of it.

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What's Driving NFLX's Business? Latest 10-Q Breakdown

✓ 29/29 datapoints verified

AI-extracted from NETFLIX INC's 10-Q filed 2026-04-17 — Q1 FY2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Netflix Q1 revenue rose 16% to $12.2B on membership and pricing growth; net income surged 83% to $5.3B, primarily due to $2.8B WBD termination fee.

Biggest Revenue Drivers

Total revenue: $12.2B+16% YoY

United States and Canada (UCAN)$5.2B+14% YoY

Growth in memberships, price increases, and advertising revenue

Europe, Middle East, and Africa (EMEA)$4.0B+17% YoY

Growth in memberships, price increases, and advertising revenue

Asia-Pacific (APAC)$1.5B+20% YoY

Growth in memberships, price increases, and advertising revenue

Latin America (LATAM)$1.5B+19% YoY

Growth in memberships, price increases, and advertising revenue

Largest Expense Items

Cost of revenues$5.9B+12% YoY

$395M increase in content amortization relating to existing and new content

General and administrative$603M+43% YoY

$88M increase in third-party expenses for legal fees and WBD transaction costs; $79M increase in personnel-related costs

Sales and marketing$842M+22% YoY

$113M increase in marketing expenses and $48M increase in personnel costs for advertising sales headcount growth

Technology and development$960M+17% YoY

$105M increase in personnel-related costs for technology improvements and infrastructure

Margins: Operating margin expanded 60 basis points to 32.3%, driven by revenue growth outpacing cost of revenues growth, though offset by faster increases in operating expenses. The filing notes margin expansion was primarily powered by strong revenue growth on a controlled cost-of-revenues basis.

Watch Items from the Filing

Content obligations of $24.1B remain significant, with $18.5B not yet recognized on balance sheet; $1B-$4B expected over next 3 years for unknown future titles.
International revenues represent 58% of revenue; constant currency impact was $541M negative in Q1; foreign exchange headwinds could impact reported results.
WBD acquisition terminated February 27, 2026; $2.8B termination fee received masks underlying business performance; excludes this one-time benefit, net income grew modestly.
Debt of $14.4B outstanding; approximately $1.7B due in next 12 months; company has $3B revolving facility and $3B commercial paper program unused.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q1 2026

$12.2B

Net Income

Q1 2026

$5.3B

Free Cash Flow

Q1 2026

$5.1B

D/E Ratio

Q1 2026

0.46

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+15.9% YoY

$45.18BFY 2025

FY21 $29.70BFY23 $33.72BFY24 $39.00BFY25 $45.18B

Net Income

+26.1% YoY

$10.98BFY 2025

FY21 $5.12BFY23 $5.41BFY24 $8.71BFY25 $10.98B

Operating Income

+27.9% YoY

$13.33BFY 2025

FY21 $6.19BFY23 $6.95BFY24 $10.42BFY25 $13.33B

EPS (Diluted)

+1177.8% YoY

$2.53FY 2025

FY21 $1.12FY23 $0.12FY24 $0.20FY25 $2.53

Total Assets

+3.7% YoY

$55.60BFY 2025

FY21 $44.58BFY23 $48.73BFY24 $53.63BFY25 $55.60B

Total Debt

-7.2% YoY

$14.46BFY 2025

FY21 $15.39BFY23 $14.54BFY24 $15.58BFY25 $14.46B

Op. Cash Flow

+37.9% YoY

$10.15BFY 2025

FY21 $392.6MFY23 $7.27BFY24 $7.36BFY25 $10.15B

Metric	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020	FY 2019
Revenue	$45.18B +15.9%	$39.00B +15.6%	$33.72B +13.6%	$29.70B +18.8%	$25.00B +24.0%	$20.16B
Net Income	$10.98B +26.1%	$8.71B +61.1%	$5.41B +5.7%	$5.12B +85.3%	$2.76B +47.9%	$1.87B
Operating Income	$13.33B +27.9%	$10.42B +49.8%	$6.95B +12.3%	$6.19B +35.1%	$4.59B +76.1%	$2.60B
EPS (Diluted)	$2.53 +1177.8%	$0.20 +65.0%	$0.12 -89.3%	$1.12 +84.9%	$0.61 +47.2%	$0.41
Total Assets	$55.60B +3.7%	$53.63B +10.1%	$48.73B +9.3%	$44.58B +13.5%	$39.28B +15.6%	$33.98B
Total Debt	$14.46B -7.2%	$15.58B +7.1%	$14.54B -5.5%	$15.39B -31.1%	$22.36B +7.9%	$20.72B
Operating Cash Flow	$10.15B +37.9%	$7.36B +1.2%	$7.27B +1752.8%	$392.6M -83.8%	$2.43B +184.1%	$-2.89B

AI Insight: NFLX Financial Trends

Netflix delivered exceptional Q1 2026 profitability with net income surging to $5,283M and operating cash flow reaching $5,290M, while revenue growth and leverage remain healthy.

• Net income jumped 119% YoY to $5,283M in Q1 2026, highest in dataset. Operating margin expanded to 32.3% from 31.8% in Q1 2025.

• Operating cash flow surged to $5,290M in Q1 2026 from $2,789M in Q1 2025, a 90% increase. Revenue grew 16% YoY to $12,250M.

• Total debt declined to $14,361M from $15,017M in Q1 2025, while equity strengthened to $31,126M. Leverage ratio improved to 0.46x.

⚠ Net income volatility evident: Q4 2025 dipped to $2,419M. Monitor quarterly sustainability of Q1 2026's exceptional earnings.

⚠ Operating margin peaked at 32.3% in Q1 2026 but showed sequential decline from prior quarter peaks. Watch for seasonal normalization.

AI Insight: NFLX Ratio Trends

Netflix's Q1 2026 profitability metrics surge sharply—net margin hits 43.1%, ROE 67.9%—while leverage drops to 19-month lows.

• Net profit margin jumped to 43.1% in Q1 2026 from 20.1% in Q4 2025; operating margin rebounded to 32.3%.

• ROIC expanded 600 bps quarter-over-quarter to 34.8% in Q1 2026; ROE climbed 1,550 bps to 67.9%.

• Debt-to-equity ratio fell to 0.46 in Q1 2026 from 0.63 in Q2 2024; lowest leverage in the dataset.

⚠ Q1 2026 profitability ratios diverge sharply from TTM—NPM 43.1% vs. TTM 28.5%—suggests one-time benefit or seasonal spike.

⚠ Operating margin volatility: 22.2% (Q4 2024) to 34.1% (Q2 2025) to 24.5% (Q4 2025) to 32.3%. Consistency risk.

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Available Research

13F Pro tracks comprehensive data for NETFLIX INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of NFLX

BlackRock, Inc.
$33.3B346,247,929 sh
VANGUARD CAPITAL MANAGEMENT LLC
$26.4B274,400,652 sh
FMR LLC
$19.7B204,650,883 sh
STATE STREET CORP
$16.5B171,654,762 sh
GEODE CAPITAL MANAGEMENT, LLC
$9.9B103,528,586 sh
Capital World Investors
$9.5B99,103,552 sh
MORGAN STANLEY
$9.5B99,018,124 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$7.2B75,398,731 sh
Capital Research Global Investors
$6.5B68,045,981 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$5.6B58,527,600 sh

Fund	Value	Shares
BlackRock, Inc.	$33.3B	346,247,929
VANGUARD CAPITAL MANAGEMENT LLC	$26.4B	274,400,652
FMR LLC	$19.7B	204,650,883
STATE STREET CORP	$16.5B	171,654,762
GEODE CAPITAL MANAGEMENT, LLC	$9.9B	103,528,586
Capital World Investors	$9.5B	99,103,552
MORGAN STANLEY	$9.5B	99,018,124
VANGUARD PORTFOLIO MANAGEMENT LLC	$7.2B	75,398,731
Capital Research Global Investors	$6.5B	68,045,981
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$5.6B	58,527,600

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Is NFLX a good stock to buy?

13F Pro's AI-powered analysis of NETFLIX INC (NFLX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Communication Services sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NFLX are available on the NFLX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own NFLX?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NFLX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of NETFLIX INC's investment landscape.