The above graph represents the total number of Netflix streaming subscribers, globally, from Q1 2012 to Q2 2019. Netflix’s global streaming memberships in Q2 2019 reached to 157.62 million, from just 130.14 million streaming memberships the company had a year-ago period. The total steaming subscribers include the US streaming subscribers and International streaming subscribers. Out of the total 157.6 million Netflix streaming memberships, about 151.56 million are paid memberships and 6.1 are free trials.
Total Netflix Streaming Subscribers – Additional Info
|Source||Netflix SEC Filings, Netflix Quarterly Reports|
|Last Updated||05 October 2019|
|Note||Netflix financial year – Jan 1 to 31 December|
It was the first time in Q2 2017 When Netflix’s total streaming subscribers count crossed the 100 million mark, globally.
The number of Netflix’s streaming subscribers increased from 26.48 million in Q1 2012 to 50.05 million in Q2 2014, globally. The members in the US were driving the growth. However, in the last few quarters, the growth in the total number of Netflix Streaming Subscribers has been primarily driven by international subscribers. Since the development and expansion of its streaming service, Netflix has accumulated tens of millions of streaming subscribers worldwide.
Note: The Company has three reportable segments: Domestic streaming, International streaming and Domestic DVD. The Domestic and International streaming segments derive revenues from monthly membership fees for services related to streaming content only in the United States and outside of the United States, respectively.
About Netflix Inc.
Netflix Inc. (NASDAQ: NFLX) was founded on August 29, 1997, by Reed Hastings and Marc Randolph as a DVD-rental-by-mail firm. However, the company began its operations on April 14, 1998, by opening the world’s first online DVD rental store. For $19.95 a month, subscribers can rent as many DVDs as they want. The company slowly expanded its business by offering the streaming service in the US while retaining the DVD and Blu-ray rental service. In September 2010, the company began offering its streaming service to Canada, which later expanded to other international markets such as Latin America, the United Kingdom, Ireland, Australia, etc. Netflix is now available almost every corner of the world, except in mainland China (due to local restrictions), Syria, North Korea, and Crimea (due to US sanctions).
Netflix’s IPO (initial public offering) completed on May 29, 2002, selling 5.5 million shares of common stock at the price of $15.00 per share.
In Q2 2017, it was the first time when the total Netflix streaming subscribers, globally, crossed 100 million mark.
On January 22, 2018, Netflix’s market capitalization ballooned to $100 billion, becoming the largest digital media and entertainment company in the world.
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