NFLX · 10-Q · 2026Q2 · Full report

Acquisition / Partnership / Divestiture

NETFLIX INC · 2026-07-17 · Importance 47 · Surprise 60 · Matches filing data

Netflix completed an acquisition in March 2026 that was accounted for as a business combination and paid for with cash; the filing states the purchase price was approximately an amount that is not displayed in the provided text. Netflix’s proposed acquisition of Warner Bros. Discovery’s streaming and studios businesses, including HBO Max, HBO, and film and television studios, was terminated by WBD on February 27, 2026. Netflix received a $2.8 billion termination fee from Paramount Skydance on behalf of WBD, which was recorded in interest and other income during the first quarter of 2026. The termination fee materially contributed to six-month interest and other income of $2.904 billion versus $90.5 million in the prior-year period.

Key facts

• In March 2026, the Company completed an acquisition accounted for as a business combination for a cash purchase price of (585,744) (in thousands) as shown in investing activities. source
• On December 4, 2025, Netflix entered into a definitive agreement and plan of merger with Warner Bros. Discovery, Inc. to acquire WBD’s streaming and studios businesses (the “WBD transaction”), amended January 19, 2026. source
• During the six months ended June 30, 2026, Netflix made aggregate cash outflows for acquisitions of $586 million. source

Impact estimates