Netflix Revenues (quarterly)

Quarterly Net Revenues of Netflix 2017-2022

Amounts are in millions.

2022Quarterly Net Revenues (millions)
Q1$7,868
  
  
  

The quarterly net revenues of Netflix increased in the first quarter of 2022 compared to the same quarter in the previous year. However, the quarterly net income of the company declined during the first quarter of 2022 compared to 2021 Q1. 

In the first quarter of 2022, the company generated $7,868 million in quarterly revenues compared to $7,163 million in the first quarter of the previous year. However, its number of paid memberships declined in the first quarter of 2022 compared to the last quarter of 2021. At the end of fiscal 2021, the number of paid memberships was 221.84 million, which has declined to 221.64 at the end of the first quarter of 2022. The company expects the number of paid memberships to further decline by 2 millions in the second quarter of 2022. Its EPS (earnigns per share diluted) was $3.53 in the first quarter of 2022 compared to $3.75 in the same period an year ago. 

FY 2021Net Revenues ($mn)
Q1$7,163
Q2$7,342
Q3$7,483
Q4$7,709
Total $29,515.5

Netflix had a highly profitable 2021. The company enjoyed solid growth in its net revenues and income during the year. By the end of the year, the company had around 222 million subscribers. Its net revenues for each of the four quarters remained higher than $7 billion and the total net revenues for fiscal 2021 reached $29.5 billion compared to $25 billion for the previous year.

FY 2020Net Revenues ($mn)
Q1$5,767.7
Q2$6,148.3
Q3$6,435.64
Q4$6,644.44
Total$24,996.056

Netflix achieved strong revenue growth in 2020 compared to the previous year. The company generated net revenues worth $24.996 billion in 2020 compared to $20.16 billion in 2019.

FY 2019Total revenues including DVD ($millions)
Q1$4,521
Q2$4,923
Q3$5,245 
Q4$5,467 
Total$20,156.45

 In the 1st quarter of FY 2019, the net revenue of Netflix including DVD segment revenues grew to $4.52 Billion (22.2% yoy growth). Netflix had forceast $4.93 Billion revenue for the second quarter. The number of paid streaming memberships globally in the first quarter had grown to higher than 148 millions. During the year 2019, the number of subscribers grew past 167 million.

FY 2018Total Revenues including DVD ($millions)
Q1$3,701
Q2$3,907
Q3$3,999
Q4$4,187

 

FY 2017Total Revenues including streaming and DVD (Millions)
Q1$2,637
Q2$2,785
Q3$2,985
Q4$3,286

 About Netflix:

Netflix is the world's leading subscription streaming entertainment service with more than 167 million subscribers. User across 190 countries enjoy TV series, documentaries and feature films offered by Netflix in a wide variety of genres and several languages. The company was founded in 1997. However, it launched its streaming services in 2007. Previously, the company operated its business as three different segments - Netflix US Streaming, Netflix International Streaming and DVD. However, starting 2019, Netflix operates its global business as one segment. The headquarters of Netflix are located at Los Gatos, California, United States.