FAQs
Annual revenue
| Year | Revenue | Change |
|---|
| 2010 | $2.16 B | 29.48% |
| 2009 | $1.67 B | 22.39% |
| 2008 | $1.36 B | 13.22% |
| 2007 | $1.20 B | 20.94% |
19 more rowsRevenue and earnings remain strong
In Q2 2024, it reported revenue of $9.56 billion, slightly surpassing the consensus estimate of $9.53 billion and marking a nearly 17% increase from the same quarter last year.
What is the revenue outlook for Netflix? ›
Netflix raised its revenue growth forecast for 2024 to 14% to 15%, up from 13% to 15%.
Did Netflix beat earnings? ›
Netflix beat estimates with second quarter earnings continuing a stellar track record this year, meeting expectations on revenue growth and exceeding net subscriber adds estimates by 54%.
What did Netflix do in 2010? ›
Netflix ended the third quarter of 2010 with approximately 16,933,000 total subscribers, representing 52 percent year-over-year growth from 11,109,000 total subscribers at the end of the third quarter of 2009 and 13 percent sequential growth from 15,001,000 subscribers at the end of the second quarter of 2010.
Has Netflix ever turned a profit? ›
Netflix's profit compared to other DTC businesses
In 2023, the operating profit of Netflix amounted to around seven billion U.S. dollars, while Paramount, for example, reported DTC losses of nearly two billion U.S. dollars that year. Disney's losses exceeded two billion U.S. dollars.
What is the revenue growth of Netflix? ›
Netflix annual revenue for 2022 was $31.616B, a 6.46% increase from 2021. Netflix annual revenue for 2021 was $29.698B, a 18.81% increase from 2020.
What is Netflix main source of revenue? ›
It can be said that Netflix follows a subscription-based business model as nearly 90% of its total revenue comes from subscriptions. But, subscriptions aren't the only way through which Netflix makes money.
How is Netflix doing financially? ›
Netflix Stock Fundamental Analysis
On a year-over-year basis, Netflix earnings rose 48% while revenue increased 17%. For the current quarter, Netflix forecast earnings of $5.10 a share on sales of $9.73 billion.
What is Netflix's biggest success? ›
Series
| # | Title | Hours watched (millions) |
|---|
| 1 | Squid Game | 1,650.45 |
| 2 | Stranger Things | 1,352.09 |
| 3 | Wednesday | 1,237.15 |
| 4 | Dahmer – Monster: The Jeffrey Dahmer Story | 856.22 |
13 more rowsNetflix has about 260 million subscribers worldwide. Netflix generated a massive revenue of $30 billion in 2021. Over 75 million US and Canadian adults have an active Netflix subscription. The average subscriber spends 3.2 hours per day streaming content on the platform.
How does Netflix maximize profits? ›
By owning the rights to its original content, Netflix can leverage revenue from licensing agreements with other platforms and broadcasters. This further monetizes its content library and increases overall profitability.
What year did Netflix become profitable? ›
In 2003, Netflix was issued a patent by the U.S. Patent & Trademark Office to cover its subscription rental service and several extensions. Netflix posted its first profit in 2003, earning $6.5 million on revenues of $272 million; by 2004, profit had increased to $49 million on over $500 million in revenues.
What was Netflix stock in 2010? ›
| DATE | OPEN | CLOSE |
|---|
| Week of September 06 2010 | $19.70 | $20.88 |
| Week of August 30 2010 | $17.89 | $19.78 |
| Week of August 23 2010 | $18.64 | $18.01 |
| Week of August 16 2010 | $18.81 | $18.57 |
24 more rowsIn 2011, Netflix had a market cap of $13.4 billion.
How much did Netflix make in 2000? ›
Netflix reported its highest-ever fourth quarter revenue of $5,467.4 million in Q4 2019, with 30.6% growth when compared the year-ago period. In 2000, Netflix posted its first double-digit revenue of $35.89 million, while the total net loss increased to a whopping $58.27 million – highest-ever since its inception.
