Demo data. Meridian Capital is fictional and these deals are illustrative. Figures for public companies come from real SEC filings.

Diligence memo · CIK 0001065280

Netflix, Inc. NFLX

$317.79B

market cap · Financial Modeling Prep

CEO Theodore A. SarandosEntertainment14,000 employeeswww.netflix.com

Overview

As of 2026-03-31, Netflix reported cash and equivalents of $12.26B [cash] and short-term investments of $28.68M [shortTermInvestments]. Total assets were $61.02B [totalAssets] against total liabilities of $29.89B [totalLiabilities], yielding stockholders' equity of $31.13B [equity]. Long-term debt and total debt both stood at $13.36B [longTermDebt] [totalDebt]. For the fiscal year ended 2025-12-31, revenue was $45.18B [revenue] and net income was $10.98B [netIncome]. Operating cash flow for that period was $10.15B [operatingCashFlow], a positive figure [ocfPositive].

Written from the metrics below and nothing else; bracketed keys cite the source row.

Balance Sheet

Cash & equivalents$12.26B2026-03-3110-Q Q1 2026 · 0001065280-26-000138
Short-term investments$28.7M2026-03-3110-Q Q1 2026 · 0001065280-26-000138
Total assets$61.02B2026-03-3110-Q Q1 2026 · 0001065280-26-000138
Total liabilities$29.89B2026-03-3110-Q Q1 2026 · 0001065280-26-000138
Stockholders' equity$31.13B2026-03-3110-Q Q1 2026 · 0001065280-26-000138
Long-term debt$13.36B2026-03-3110-Q Q1 2026 · 0001065280-26-000138
Total debt$13.36B2026-03-31ƒ longTermDebt + currentDebt

Performance (latest fiscal year)

Revenue (FY)$45.18B2025-12-3110-K FY 2025 · 0001065280-26-000034
Net income (FY)$10.98B2025-12-3110-K FY 2025 · 0001065280-26-000034
Operating cash flow (FY)$10.15B2025-12-3110-K FY 2025 · 0001065280-26-000034

Liquidity

Operating cash flow positive (no implied burn)$10.15B2025-12-31ƒ operatingCashFlow >= 0