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Netflix filed an 8-K disclosing that Anne Sweeney notified the Company on July 26, 2026 of her resignation from the Board of Directors effective that same date. The filing states Ms. Sweeney's resignation is not due to any disagreement with the Company.
Subscribe to read moreNetflix, Inc. completed a $1.0 billion registered public offering of 5.250% senior unsecured notes due August 15, 2036, with net proceeds intended to repay at maturity its outstanding 4.375% Senior Notes due 2026 and for general corporate purposes.
Subscribe to read moreNFLX filed its 10-Q; the most relevant disclosure change is added Interest rate hedging (Note 1 / Note 7 / Note 8): New interest rate swap agreements with an aggregate notional of $1,400 million designated as fair value hedges of specified 4.900% (Aug 2034) and 5.400% (Aug 2054) Senior Notes tranches; Company pays floating SOFR. Carrying amount of hedged Senior Notes ~$1.4 .
Subscribe to read moreNFLX beat prior Q2 2026 Revenue Growth (YoY) guidance by +0.4 pts. FY 2026 Revenue was raised by +$300.0M to $51.0B - $51.4B (midpoint $51.2B). The company characterized Q2 revenue and operating margin as in line with its own forecast (with margin 'slightly ahead' due to expense timing). Full-year 2026 guidance was largely maintained with the revenue range narrowed to $51.0-$51.4B (midpoint $51.2B unchanged from prior) and the 31.5% operating margin target reiterated, while FY 2026 free cash flow of ~$12.5B and...
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