Netflix generated $0.3 billion in free cash flow during Q4 FY22, down from $0.6 billion a year ago. The FCF compares to a current market cap of $136 billion. Netflix had a gross debt of $14 billion in Q4 and net debt of $8 billion. Price Action: NFLX shares traded higher by 0.55% at $306.80 on the last check Tuesday.