Netflix, Inc.
NFLX Communication Services Entertainment
Netflix, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $45.2 billion, up 15.9% from fiscal 2024. In the quarter to June 2026, revenue grew 13.4%, EPS grew 10.2%, free cash flow fell 32.7% and total debt fell 18.2%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for three.
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Netflix, Inc. (NFLX) Shares outstanding
Netflix, Inc.'s shares outstanding at the end of fiscal 2025 was $4.3B, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $4.3B. Over the past ten years it has ranged from $4.3B (fiscal 2025) to $4.6B (fiscal 2021) — the current reading is the lowest in ten years. Netflix, Inc. ranks 1st of 47 Entertainment companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $4.3B | (1.11%) |
| FY2024 | $4.4B | (2.28%) |
| FY2023 | $4.5B | (0.40%) |
| FY2022 | $4.5B | (0.90%) |
| FY2021 | $4.6B | 0.26% |
| FY2020 | $4.5B | 0.54% |
| FY2019 | $4.5B | 0.12% |
| FY2018 | $4.5B | 0.99% |
| FY2017 | $4.5B | 1.86% |
| FY2016 | $4.4B | 0.50% |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $4.3B | (0.86%) |
| Mar 2026 | $4.3B | (1.05%) |
| Dec 2025 | $4.3B | 0.08% |
| Sep 2025 | $4.3B | (0.19%) |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| NFLX Netflix, Inc. | $4.3B |
| DIS The Walt Disney Company compare | $1.7B |
| FOXA Fox Corporation compare | $439.0M |
| FOX Fox Corporation compare | $439.0M |
| LYV Live Nation Entertainment, Inc. compare | $244.0M |
| FWONK Liberty Media Corporation - Liberty Formula One Series C compare | $237.0M |
| FWONA Liberty Media Corporation - Liberty Formula One Series A compare | $237.0M |
| ROKU Roku, Inc. compare | $151.9M |
| TKO TKO Group Holdings, Inc. compare | $75.9M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- The full statement