1.7 billion in profit on ~7 billion in revenue in the first quarter of 2021 coun...

disgruntledphd2 · on Oct 8, 2021

Yeah, because it essentially happened because they stopped producing content in 2020, due to the pandemic.

https://www.cnbc.com/2021/01/19/netflix-says-cash-flow-posit...

Netflix have needed external financing to stay in business up till this year. This is very unlike the rest of FAANG (Amazon is similar, but do throw off a lot of free cash).