Netflix Results Presentation Deck

Free Cash Flow (in thousands) Non-GAAP Free Cash Flow Reconciliation: Net cash provided by operating activities Purchases of property and equipment Acquisition of intangible asset Acquisitions of content library Proceeds from sale of DVDs Other assets Non-GAAP Free Cash Flow 1Q09 2Q09 3Q09 4Q09 $65,633 $75,302 $78,311 $105,817 $75,412 (6,572) (200) (46,499) 2,726 (2) $15,086 (6,933) (9,994) (22,433) (6,393) 1,159 (43,224) (46,273) (57,048) (36,902) 11 3,345 134 1Q10 $26,315 $25,523 3,934 (72) (130) 3,984 (172) $30,198 $35,799 NETFLIX

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