{"schema_version":"secwatch.filing_event.v1","accession":"0001065280-25-000404","form_type":"8-K","ticker":"NFLX","cik":"0001065280","company_name":"NETFLIX INC","filed_at":"2025-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.699870+00:00","generated_at":"2026-05-17T02:57:13.638110+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Netflix Q3 revenue $11.5B (+17%); $619M Brazil tax charge hits margin; full-year ops margin guided to 29%","bullets":["Q3 revenue $11.51B (+17% YoY); diluted EPS $5.87; operating margin 28.2% vs 31.5% guide due to $619M Brazil tax charge.","Full-year 2025 revenue expected $45.1B (+16%); operating margin 29% (was 30%) due to Brazil charge; Q4 forecast $11.96B.","Ad revenue on track to more than double in 2025; US upfront commitments more than doubled; Amazon DSP integration announced.","KPop Demon Hunters (325M views) becomes most popular film ever; Mattel & Hasbro named global co-master toy licensees.","FCF forecast raised to ~$9B (from $8-8.5B); repurchased 1.5M shares for $1.9B in Q3; $10.1B remaining buyback authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001065280-25-000404","json":"https://secwatch.observer/filing/0001065280-25-000404.json","markdown":"https://secwatch.observer/filing/0001065280-25-000404.md","text":"https://secwatch.observer/filing/0001065280-25-000404.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1065280/000106528025000404/0001065280-25-000404-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1065280/000106528025000404/nflx-20251021.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:57:13.638110+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}