{
  "slug": "netflix-inc",
  "symbol": "NFLX",
  "name": "Netflix Inc",
  "fiscalYearEnd": "2025-12-31",
  "filing": {
    "accession": "0001065280-26-000034",
    "form": "10-K",
    "filed": "2026-01-23",
    "url": "https://www.sec.gov/Archives/edgar/data/1065280/000106528026000034/nflx-20251231.htm"
  },
  "model": "claude-haiku-5-5",
  "promptVersion": "2026-10-31.2",
  "generatedAt": "2026-10-31T20:05:46.894916+00:00",
  "segments": null,
  "sections": {
    "businessModel": [
      {
        "de": "Die Einnahmen stammen überwiegend aus monatlichen Mitgliedsbeiträgen für Streaming-Inhalte, die den Mitgliedern bereitgestellt werden.",
        "en": "Most revenue comes from monthly membership fees for streaming content delivered to members.",
        "quote": "Our revenues are primarily derived from monthly membership fees for services related to streaming content to our members."
      },
      {
        "de": "Nach eigener Darstellung will das Unternehmen mehrere Preispläne anbieten, darunter ein Abo mit Werbung, für unterschiedliche Kundenbedürfnisse.",
        "en": "The company says it aims to offer several pricing plans, including a subscription plan with advertising, for different consumer needs.",
        "quote": "We aim to offer a range of pricing plans, including our ad-supported subscription plan, to meet a variety of consumer needs."
      },
      {
        "de": "Mitglieder können so viel schauen, pausieren und fortsetzen, wie sie möchten, jederzeit und überall, und ihre Pläne jederzeit ändern.",
        "en": "Members can watch, pause and resume as much as they want, at any time and place, and change their plans at any time.",
        "quote": "Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time."
      },
      {
        "de": "Das Unternehmen hat sein Video-Angebot um Spiele und Live-Programme erweitert.",
        "en": "The company has expanded its video offering to include games and live programming.",
        "quote": "We expanded our entertainment video offering to include games and live programming."
      },
      {
        "de": "Das Unternehmen erweitert außerdem weiter sein Angebot an Konsumprodukten und Live-Erlebnissen.",
        "en": "The company also continues to expand its offering of consumer products and live experiences.",
        "quote": "For example, we continue to expand our offering of consumer products and live experiences."
      }
    ],
    "customers": [
      {
        "de": "Mitglieder zahlen dem Unternehmen für den Dienst, unter anderem per Karte, Lastschrift und Online-Wallets.",
        "en": "Members pay the company for the service, using methods such as cards, direct debit and online wallets.",
        "quote": "Our members pay for our service using a variety of different payment methods, including credit and debit cards, gift cards, prepaid cards, direct debit, online wallets and direct carrier and partner billing."
      },
      {
        "de": "In vielen Fällen stellt der Partner den Verbrauchern den Netflix-Dienst direkt in Rechnung.",
        "en": "In many cases, the partner bills consumers directly for the Netflix service.",
        "quote": "In many instances, our agreements also include provisions by which the partner bills consumers directly for the Netflix service"
      }
    ],
    "competition": [
      {
        "de": "Der Markt für Unterhaltungsvideos ist sehr wettbewerbsintensiv und verändert sich schnell.",
        "en": "The market for entertainment video is very competitive and changes quickly.",
        "quote": "The market for entertainment video is intensely competitive and subject to rapid change."
      },
      {
        "de": "Das Unternehmen konkurriert um die Freizeit der Verbraucher mit anderen Video-Anbietern, etwa linearem Fernsehen und Streaming-Diensten.",
        "en": "The company competes for people's free time with other video providers, such as linear television and streaming services.",
        "quote": "We compete with a broad set of activities for consumers' leisure time, including other entertainment video providers, such as linear television, streaming entertainment providers"
      },
      {
        "de": "Das Unternehmen konkurriert außerdem mit anderen Video-Anbietern und Produzenten um Inhalte, sowohl lizenzierte als auch Eigenproduktionen.",
        "en": "The company also competes with other video providers and producers to obtain content, both licensed and original.",
        "quote": "We also compete against entertainment video providers and content producers in obtaining content for our service, both for licensed content and for original content projects."
      }
    ],
    "risks": [
      {
        "de": "Das Unternehmen setzt für Teile seines Dienstes auf Amazon Web Services. Eine Störung dort würde Betrieb und Geschäft beeinträchtigen.",
        "en": "The company relies on Amazon Web Services for parts of its service. A disruption there would affect its operations and business.",
        "quote": "We rely upon Amazon Web Services to operate certain aspects of our service and any disruption of or interference with our use of the Amazon Web Services operation would impact our operations and our business would be adversely impacted."
      },
      {
        "de": "Bestimmte Inhaltslizenzen erlauben es Studios und anderen Anbietern, Titel relativ schnell aus dem Dienst zu nehmen.",
        "en": "Certain content licenses allow studios and other providers to withdraw titles from the service relatively quickly.",
        "quote": "Certain licenses for content provide for the studios or other content providers to withdraw content from our service relatively quickly."
      },
      {
        "de": "Verpflichtungen für Inhalte laufen über mehrere Jahre und sind weitgehend fix in den Kosten. Wenn das Geschäft die Erwartungen nicht erfüllt, könnten die Margen belastet werden.",
        "en": "Content commitments run for several years and are largely fixed in cost. If business does not meet expectations, margins may be hurt.",
        "quote": "Given the multiple-year duration and largely fixed cost nature of content commitments, if business performance does not meet our expectations, our margins may be adversely impacted."
      }
    ]
  }
}