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Netflix's revenue Q1 2011-Q2 2019
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Netflix's revenue Q1 2011-Q2 2019
Revenue generated by Netflix from 1st quarter 2011 to 2nd quarter 2019 (in million U.S. dollars)
by Amy Watson,
last edited
Jul 18, 2019
As of the second quarter of 2019, Netflix generated a total revenue of over 4.9 billion U.S. dollars, up from 3.9 billion in the corresponding quarter of 2018. The company's annual revenue in 2018 amounted to 15.8 billion U.S. dollars, continuing the impressive year-on-year growth Netflix has enjoyed over the last decade.
Netflix’s global position
Netflix’s revenue has been heavily impacted by its ever-growing global subscriber base. The leading Netflix market is the United States, and the service is also incredibly popular in Canada and Scandinavia. Netflix has also significantly increased its licensed and produced content assets since 2016. Despite concerns among investors that the company’s content spend was negatively affecting cash flow, Netflix’s plans to amortize its content assets long-term along with generating revenue from other sources such as licensing and merchandise should ensure the company’s future profitability.
Netflix is also fortunate in that many of its original shows have been a hit with consumers across the globe. Shows such as ‘Orange is the New Black’, ‘Black Mirror’ and ‘House of Cards’ won the hearts of subscribers long ago, but newer content such as ‘Sex Education’ and ‘Russian Doll’ have also been favorably reviewed and proved popular among users.
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by Amy Watson,
last edited
Jul 18, 2019
As of the second quarter of 2019, Netflix generated a total revenue of over 4.9 billion U.S. dollars, up from 3.9 billion in the corresponding quarter of 2018. The company's annual revenue in 2018 amounted to 15.8 billion U.S. dollars, continuing the impressive year-on-year growth Netflix has enjoyed over the last decade.
Netflix’s global position
Netflix’s revenue has been heavily impacted by its ever-growing global subscriber base. The leading Netflix market is the United States, and the service is also incredibly popular in Canada and Scandinavia. Netflix has also significantly increased its licensed and produced content assets since 2016. Despite concerns among investors that the company’s content spend was negatively affecting cash flow, Netflix’s plans to amortize its content assets long-term along with generating revenue from other sources such as licensing and merchandise should ensure the company’s future profitability.
Netflix is also fortunate in that many of its original shows have been a hit with consumers across the globe. Shows such as ‘Orange is the New Black’, ‘Black Mirror’ and ‘House of Cards’ won the hearts of subscribers long ago, but newer content such as ‘Sex Education’ and ‘Russian Doll’ have also been favorably reviewed and proved popular among users.
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- Release date
- July 2019
- Region
- Worldwide
- Survey time period
- Q1 2011 to Q2 2019
- Supplementary notes
-
Figures have been rounded.
Earlier figures come from previous financial statements.
Source
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- As a Premium user you get access to the detailed source references and background information about this statistic.
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- Release date
- July 2019
More information
- Region
- Worldwide
- Survey time period
- Q1 2011 to Q2 2019
- Supplementary notes
-
Figures have been rounded.
Earlier figures come from previous financial statements.
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