# Netflix generated $5.1 billion in free cash flow (FCF) in Q1, including a $2.8 billion deal termination fee.

*business · news · 2026-04-19 · Barchart*

## Key points

- Netflix generated $2.25 billion in operational free cash flow in Q1 after excluding a $2.8 billion fee.
- Management forecasts $12.5 billion in 2026 FCF ($9.7 billion adjusted), implying an 18.95% margin.
- Next 12 months FCF is projected at $11.1 billion, up 17.3% year-over-year.
- Analyst price targets for NFLX have increased, with averages now between $114.53 and $120.16 per share.
- Shorting out-of-the-money NFLX puts can yield 1.5%-2.1% monthly while setting a lower entry price.

**Companies:** Netflix, Inc.
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1389781/netflix-generates-massive-fcf-and-fcf-margins-nflx-price-targets-are-higher)

---

Canonical: https://newsio.io/n/f2c75367-ec78-4a2b-a4c6-3336035bc164/netflix-generated-5-1-billion-in-free-cash-flow-fcf-in-q1-including-a-2-8-billio
Summarized by Newsio from Barchart. https://newsio.io/how-it-works