Netflix Might Be Done Borrowing Cash

Adam Levy, The Motley Fool
·4-min read
Netflix Might Be Done Borrowing Cash
Netflix Might Be Done Borrowing Cash

The days of Netflix (NASDAQ: NFLX) borrowing billions of dollars or euros to fund its massive content spending are coming to an end. "Our need for external financing is diminishing," management wrote at the conclusion of its third-quarter letter to shareholders. Netflix expects free cash flow to range between -$1 billion and break-even in 2021, with continued improvement in 2022 and beyond.