Netflix completes an undisclosed $587M cash acquisition in March 2026

Netflix's first-quarter 10-Q says it completed an acquisition in March 2026 accounted for as a business combination, for a total purchase price of about $587 million in cash. The filing does not name the target. Cash acquisitions outflow for the quarter was $585.7 million.

• Total purchase price about $587 million, all cash
• Accounted for as a business combination
• Target not named in the filing