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Netflix stock: growth
NFLXNetflix reported $45.18B in revenue for fiscal 2025, up 15.9% on the prior year, up 12.6% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
22.2%
per year from 2006 to 2025, per share 22.5%
Earnings (Annual rate)
32.9%
per year from 2006 to 2025, per share 33.3%
Free cash flow (Annual rate)
31.7%
per year from 2006 to 2025, per share 32%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 12.6% | 20.9% | 22.2% |
| Revenue per share | 13.5% | 21.0% | 22.5% |
| Earnings | 31.8% | 56.7% | 32.9% |
| Earnings per share | 32.6% | 56.6% | 33.3% |
| Free cash flow | 37.4% | no data | 31.7% |
| Free cash flow per share | 38.6% | no data | 32.0% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $996.66M | $49.08M | $50.42M |
| 2007 | $1.21B | $66.95M | $247.02M |
| 2008 | $1.36B | $83.03M | $76.34M |
| 2009 | $1.67B | $115.86M | $85.89M |
| 2010 | $2.16B | $160.85M | $242.06M |
| 2011 | $3.2B | $226.13M | $182.88M |
| 2012 | $3.61B | $17.15M | −$66.97M |
| 2013 | $4.37B | $112.4M | −$22.24M |
| 2014 | $5.5B | $266.8M | −$128.03M |
| 2015 | $6.78B | $122.64M | −$918.65M |
| 2016 | $8.83B | $186.68M | −$1.66B |
| 2017 | $11.69B | $558.93M | −$2.01B |
| 2018 | $15.79B | $1.21B | −$2.89B |
| 2019 | $20.16B | $1.87B | −$3.14B |
| 2020 | $25B | $2.76B | $1.93B |
| 2021 | $29.7B | $5.12B | −$131.98M |
| 2022 | $31.62B | $4.49B | $1.62B |
| 2023 | $33.72B | $5.41B | $6.93B |
| 2024 | $39B | $8.71B | $6.92B |
| 2025 | $45.18B | $10.98B | $9.46B |
Revenue by region
Where Netflix, Inc. generates its revenue.
- United States And Canada44%
- EMEA32%
- Latin America12%
- Asia Pacific12%
- Other< 1%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|
| United States And Canada | $10.05B | $11.46B | $12.97B | $14.08B | $14.87B | $17.36B | $19.96B | 44.2% |
| EMEA | $5.54B | $7.77B | $9.7B | $9.75B | $10.56B | $12.39B | $14.51B | 32.1% |
| Latin America | $2.8B | $3.16B | $3.58B | $4.07B | $4.45B | $4.84B | $5.36B | 11.9% |
| Asia Pacific | $1.47B | $2.37B | $3.27B | $3.57B | $3.76B | $4.41B | $5.35B | 11.8% |
| Other | $297.22M | $0 | $0 | $0 | $0 | $0 | $0 | 0% |
| Total revenue | $20.16B | $25B | $29.7B | $31.62B | $33.72B | $39B | $45.18B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 20 Feb 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.