NFLX · 10-Q · 2026Q3 · Full report

Acquisitions and Partnerships

NETFLIX INC · 2026-10-21 · Importance 47 · Surprise 60 · Matches filing data

Netflix completed a business-combination acquisition in March 2026 for approximately $586 million of cash consideration, consistent with the acquisition cash outflow reported in investing activities. 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. WBD’s termination resulted in a $2.8 billion fee paid to Netflix, recorded in interest and other income during the first quarter of 2026. The related financing arrangements were terminated without any borrowings, and the associated expenses were not material.

Key facts

• In the nine months ended September 30, 2026 the Company recorded acquisitions cash outflow of $(585,744) (in thousands) in investing activities. source
• The information set forth under Note 9 Commitments and Contingencies to the consolidated financial statements under the caption “Indemnification” is incorporated herein by reference. source

Impact estimates