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Netflix (NFLX) Shares Outstanding (2016 - 2025)

Netflix has reported Shares Outstanding over the past 17 years, most recently at $4.2 billion for Q4 2025.

  • Quarterly results put Shares Outstanding at $4.2 billion for Q4 2025, down 1.3% from a year ago — trailing twelve months through Dec 2025 was $4.2 billion (down 1.3% YoY), and the annual figure for FY2025 was $4.2 billion, down 1.3%.
  • Shares Outstanding for Q4 2025 was $4.2 billion at Netflix, up from $423.7 million in the prior quarter.
  • Over the last five years, Shares Outstanding for NFLX hit a ceiling of $4.5 billion in Q4 2022 and a floor of $423.7 million in Q3 2025.
  • Median Shares Outstanding over the past 5 years was $443.3 million (2021), compared with a mean of $1.2 billion.
  • Biggest five-year swings in Shares Outstanding: soared 903.12% in 2022 and later decreased 3.16% in 2024.
  • Netflix's Shares Outstanding stood at $444.0 million in 2021, then soared by 903.12% to $4.5 billion in 2022, then decreased by 2.83% to $4.3 billion in 2023, then decreased by 1.16% to $4.3 billion in 2024, then fell by 1.3% to $4.2 billion in 2025.
  • The last three reported values for Shares Outstanding were $4.2 billion (Q4 2025), $423.7 million (Q3 2025), and $424.9 million (Q2 2025) per Business Quant data.