The above graph represents Netflix annual revenue worldwide, starting from fiscal 2002 to 2018, ended on December 31st. Netflix revenue in fiscal 2018 reached an all-time high of $15,794.34 million ($15.79 billion), registering 35% YoY growth. This rise of Netflix revenue in 2018 was primarily driven by the strong sequential quarterly performance. Netflix quarterly revenue in fiscal Q4 2018 was a record high as the company crosses the $4 billion revenue mark first time in history.
In 2007, Netflix annual revenue crossed $1 billion for the first time in history, which almost doubled by 2010.
- Region: Worldwide
- Source: Netflix.com. SEC, Netflix Annual Report
- Last Updated: 11 July 2019
- Note: Netflix financial year – Jan 1 to 31 December
- Graph ID: 387
Netflix Annual Revenue Worldwide: Additional Information
Netflix has three reportable segments: Domestic streaming, International streaming and Domestic DVD.
Netflix’s Domestic streaming segment derives the revenues from monthly membership fees for services solely related to streaming content to members in the United States. While the International streaming segment derives revenues from monthly membership fees for services solely related to streaming content to members outside of the United States.
Netflix’s Domestic DVD segment derives revenues from monthly membership fees for services consisting solely of DVD-by-mail service.
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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