Elinor Mertz
On June 22, 2025, Elinor Mertz was appointed to the Board of Directors (the "Board") of Netflix, Inc. (the "Company") effective immediately
Highest-materiality recent filing
Netflix board authorizes additional $25B share repurchase program
Board authorized $25B in additional share repurchases, supplementing December 2024 authorization.
Netflix Q1 EPS $1.23, rev $12.25B (+16% YoY); Hastings not standing for re-election
Q1 revenue $12.25B (+16% YoY), operating income $3.96B (+18% YoY), both slightly above guidance.
Netflix receives $2.8B termination fee after WBD ends merger to pursue PSKY deal
WBD terminated Merger Agreement on Feb 27, 2026 to accept superior proposal from Paramount Skydance Corporation.
Netflix Q4 rev $12.05B beats guidance; FY26 rev forecast $50.7-51.7B
Q4 revenue $12.05B (+18% YoY); diluted EPS $0.56 vs $0.43 YoY; paid memberships exceeded 325M.
Netflix revises WBD acquisition to all-cash $27.75/sh; ups bridge financing to $42.2B
Merger consideration changed to all cash at $27.75 per share; original deal included Netflix stock component.
Netflix secures $25B in credit facilities to finance Warner Bros. Discovery acquisition
$5B unsecured revolving credit facility entered Dec 19, 2025; matures up to 2030.
Netflix agrees to acquire Warner Bros. Discovery for cash and stock
Each WBD share converted into cash (Per Share Cash Amount) and Netflix stock (Exchange Ratio).
Netflix to acquire Warner Bros. Discovery for $23.25 cash plus stock; up to $59B debt financing
Netflix to acquire WBD for $23.25 cash + stock (exchange ratio 0.0376-0.0460 based on NFLX avg price).
Netflix effects 10-for-1 forward stock split; authorized shares increased to 49.9B
Ten-for-one forward stock split executed via Certificate of Amendment filed November 14, 2025.
Compensation Committee approved amendments to Severance Plan for co-CEOs Ted Sarandos and Greg Peters, CFO Spencer Neumann, CLO David Hyman, effective Jan 1, 2026.
Netflix announces 10-for-1 stock split, trading on split-adjusted basis Nov 17
Board approved a ten-for-one forward stock split of common stock.
Q3 revenue $11.51B (+17% YoY); diluted EPS $5.87; operating margin 28.2% vs 31.5% guide due to $619M Brazil tax charge.
Netflix Q2 revenue $11.08B (+16% YoY), EPS $7.19; raises 2025 revenue & margin guidance
Q2 revenue $11,079M (+16% YoY), diluted EPS $7.19 vs $4.88; operating margin 34.1% vs 27.2%.
Netflix adds Airbnb CFO Ellie Mertz to board; rejects director Hoag's resignation
Ellie Mertz, CFO of Airbnb, appointed to Netflix board effective June 22, 2025; joins Audit Committee.
Netflix director Jay Hoag fails majority vote, tenders resignation pending board decision
Director Jay Hoag received 71,428,414 for vs 259,865,864 against; did not achieve majority, triggering resignation policy.
On June 22, 2025, Elinor Mertz was appointed to the Board of Directors (the "Board") of Netflix, Inc. (the "Company") effective immediately
Max materiality 1.00 · Median 0.80 · Most common event other_material