NFLXNetflix·2026Q3 10-QPaidFiling score 42 · Moderate

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Netflix spent $4,796.7m on buybacks, 151.7% of its operating cash flow

Over three months it spent $4,796.7m repurchasing shares, 151.7% of the $3,162.3m its operations provided in the same period.

Netflix spent $4,796.7m on buybacks, 151.7% of its operating cash flow
aiSwingX™ analyzes US filings and reports them as news investors can read.
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ChatGPT: 4 Perplexity: 2 Amazon: 1 Claude: 0 Google · Gemini: 0 Meta AI: 0 Others: 2
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ChatGPT4
Perplexity2
Amazon1
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Others2

Counted by the name each crawler gives. Google · Gemini includes Googlebot, whose index Google also uses for its AI features; other search engines and bots are in Others.

Netflix (NFLX) filed its quarterly report (10-Q) for fiscal Q3 2026 on October 21. Over three months it spent $4,796.7m repurchasing shares, 151.7% of the $3,162.3m its operations provided in the same period.

In plain terms

Netflix spent a large sum buying back its own shares. That money equals 151.7% of the cash its business brought in over the same period. It spent more on its shares than its business brought in.

What happened

Netflix (NFLX) filed its quarterly report (10-Q) for fiscal Q3 2026 with the SEC on October 21. It covers July 1 to September 30, 2026.

Over three months it spent $4,796.7m repurchasing shares, 151.7% of the $3,162.3m its operations provided in the same period.

Figures are copied as filed. Ratios we calculated are marked as such, and the working is at the end.

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42 Filing score · Moderate

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FAQ

Where can I check these figures myself?

On SEC EDGAR, in Netflix's 10-Q (accession 0001065280-26-000291). The same values appear on the corresponding lines of the consolidated statements.

Are the ratios figures the company reports?

No. They divide two figures stated in the filing for the same period. The working is in the arithmetic table in the subscriber section.

Are figures from different periods mixed?

No. Income and cash items are divided only by items covering the same length of time, and balances are always stated against the previous fiscal year-end.

How aiSwingX™ wrote this

  1. We read the filing on SEC EDGAR in full — statements, notes, MD&A. Press releases and news are not used as sources.
  2. Every figure is reconciled to its location in the filing and to XBRL data. One mismatch means no publication.
  3. An editor reviews before publication; any later change is recorded in the revision history.
Netflix Form 10-Q (fiscal Q3 2026, filed 2026-10-21): inline XBRL in the consolidated financial statements, SEC EDGAR accession 0001065280-26-000291 · SEC EDGAR · This article is not investment advice. Disclaimer

Frequently asked questions

Where can I verify the figures in this article?

Open the filing cited at the bottom of the article (e.g. the 10-Q note number) on SEC EDGAR via the link at the end of the article.

What is the at-a-glance box?

A four-item summary of the article: the key figure, what it means, the source, and what to watch next quarter. If you are short on time, read just that.

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aiSwingX™ analyzes US filings and reports them as news investors can read.
42
–
11
ChatGPT: 4 Perplexity: 2 Amazon: 1 Claude: 0 Google · Gemini: 0 Meta AI: 0 Others: 2
Read by AI & crawlers
ChatGPT4
Perplexity2
Amazon1
Claude0
Google · Gemini0
Meta AI0
Others2

Counted by the name each crawler gives. Google · Gemini includes Googlebot, whose index Google also uses for its AI features; other search engines and bots are in Others.