---
schema_version: "secwatch.filing_event.v1"
accession: "0001065280-24-000199"
form_type: "8-K"
ticker: "NFLX"
cik: "0001065280"
company_name: "NETFLIX INC"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:29:41.526292+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Netflix Q2 revenue $9.56B (+17% YoY), EPS $4.88; raises FY24 margin guide to 26%

## Summary
- Q2 revenue $9.56B (+17% YoY), operating margin 27.2% vs 22.3% YoY, EPS $4.88 (+48% YoY).
- Paid net adds 8.05M (vs 5.89M YoY); 277.65M total members (+16.5% YoY). Ads tier membership +34% QoQ.
- FY24 revenue growth guidance raised to 14-15% (from 13-15%); operating margin now 26% (from 25%).
- Q2 free cash flow $1.2B; FY24 FCF still ~$6B. Repurchased 2.6M shares for $1.6B.
- Building in-house ad tech platform to test in Canada in 2024, broader launch in 2025.

## SEC filing metadata
- accession: 0001065280-24-000199
- form_type: 8-K
- ticker: NFLX
- cik: 0001065280
- company_name: NETFLIX INC
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065280/000106528024000199/0001065280-24-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065280/000106528024000199/nflx-20240718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065280-24-000199
- JSON: https://secwatch.observer/filing/0001065280-24-000199.json
- Plain text: https://secwatch.observer/filing/0001065280-24-000199.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.