The above DGraph represents Netflix revenue and profit, worldwide, from Q1 2012 to the most recent quarter. Netflix revenue in Q4 2018 reached $4.18 billion, up by 27.42% as compared to the same fiscal quarter in the previous year. However, despite the soaring revenue, the profit of Netflix in fiscal Q4 2018 tanked to $133.39 million, a decline of over 28% YoY, making it the worst performing quarter in 2018.
Out of the total revenue Netflix generated in Q4 2018, US accounted for little over $2 billion (DVD + Streaming) and nearly $1.97 billion came from international streaming business.
- Region: Worldwide
- Source: Netflix.com. SEC, Netflix Annual Report
- Last Updated: 21 January 2019
- Note: Netflix financial year – Jan 1 to 31 December
- DGraph ID: 152
Netflix Revenue And Profit: Additional Information
It was Q1 2013 when Netflix revenue crossed $1 billion mark. It took the company a little over 3 years to cross 2 billion revenue figure, clocking $2.10 billion in Q2 2016. However, Netflix shifted the gears and after six following quarters, in Q4 2017, Netflix revenue soared over $3 billion. The next billion growth came in just four quarters as Netflix revenue crossed $4 billion in fiscal Q4 2018.
In contrast to its revenue performance, the growth in Netflix profit was rather slow. It was only fiscal Q1 2017 when Netflix profit crossed $100 million, registering a jaw-dropping growth of 558% YoY. Within a year, Netflix quarterly profit was hovering $300 million.
Netflix Inc. (NASDAQ:NFLX), founded in the U.S. in 1997, offers media through online streams or through a DVD-by-mail service. Netflix initially introduced a subscription-based online service in 1999 and, since then, has expanded its services to different markets, primarily in the Americas and Europe. The total number of Netflix streaming subscribers, worldwide, has reached 148.4 million in Q4 2018. The global expansion of the company is promising, as the number of Netflix streaming subscribers in the non-US crossed 87 million already in Q4 2018. The scenario at the home market for the company also looks promising. The number of Netflix subscribers in the US reached 60 million by the end of 2018.
By 2020, 24.4 million Netflix subscribers are estimated to be located in Brazil alone, one of the most promising markets for the streaming provider. Along with Brazil, Germany, Mexico, Canada, and the United Kingdom are also important markets for Netflix.
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