{"schema_version":"secwatch.filing_event.v1","accession":"0001065280-23-000272","form_type":"8-K","ticker":"NFLX","cik":"0001065280","company_name":"NETFLIX INC","filed_at":"2023-10-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.091591+00:00","generated_at":"2026-06-09T21:38:15.458625+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Netflix Q3 beats on earnings; raises FY23 operating margin and FCF guidance; boosts buyback by $10B","bullets":["Q3 revenue $8.54B (+7.8% YoY); EPS $3.73 vs $3.10 last year; paid net adds 8.76M.","FY23 operating margin guidance raised to 20% (high end); FY24 operating margin expected 22-23%.","FY23 free cash flow forecast raised to ~$6.5B (from at least $5B); Q3 FCF $1.888B.","Board authorized additional $10B share repurchase; total available ~$10.9B as of Sep 30.","Ads plan membership grew 70% QoQ; price increases announced in US, UK, France."],"urls":{"canonical":"https://secwatch.observer/filing/0001065280-23-000272","json":"https://secwatch.observer/filing/0001065280-23-000272.json","markdown":"https://secwatch.observer/filing/0001065280-23-000272.md","text":"https://secwatch.observer/filing/0001065280-23-000272.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1065280/000106528023000272/0001065280-23-000272-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1065280/000106528023000272/nflx-20231018.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T21:38:15.458625+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f57707afb48ca88db222e998c0b2a421fb420f98","claim":"NETFLIX INC reported the quarter ended September 30, 2023 results: revenue $8.5B, net income $1.677, EPS $3.73. Guidance reaffirmed.","evidence_excerpt":"reference in such filing. --- EX-99.1 (EX-99.1) --- October 18, 2023 Fellow shareholders, Summary: • Our Q3 financials were in-line with to ahead of forecast with revenue of $8.5B, paid net adds of 9M and operating margin of 22.4%. We now expect operating margin 1 of 20% for FY23 (the high end of our 18% to 20% range). • We now expect FY23 free cash flow","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1065280/000106528023000272/0001065280-23-000272-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$8.5B"},{"label":"Net income","value":"$1.677"},{"label":"EPS","value":"$3.73"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}