---
schema_version: "secwatch.filing_event.v1"
accession: "0001065280-25-000033"
form_type: "8-K"
ticker: "NFLX"
cik: "0001065280"
company_name: "NETFLIX INC"
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T21:51:28.590798+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Netflix Q4 revenue $10.25B (+16% YoY); 19M net adds; raises 2025 guidance; $15B buyback

## Summary
- Q4 revenue $10.247B (+16% YoY); diluted EPS $4.27 vs $2.11 in prior year.
- Paid net adds 18.91M (record quarter); total memberships reached 301.63M.
- Operating income $2.273B (+52% YoY); operating margin 22.2% vs 16.9%.
- FY2025 revenue guidance raised to $43.5-44.5B; operating margin target 29%.
- Board authorized additional $15B share repurchase; total authorization $17.1B.

## SEC filing metadata
- accession: 0001065280-25-000033
- form_type: 8-K
- ticker: NFLX
- cik: 0001065280
- company_name: NETFLIX INC
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065280/000106528025000033/0001065280-25-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065280/000106528025000033/nflx-20250121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065280-25-000033
- JSON: https://secwatch.observer/filing/0001065280-25-000033.json
- Plain text: https://secwatch.observer/filing/0001065280-25-000033.txt

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