Netflix (NFLX) Shares Outstanding (2009 - 2026)

Netflix's Shares Outstanding history runs 18 years deep, the most recent figure standing at $4.2 billion for Q1 2026.

• In Q1 2026, Shares Outstanding rose 889.65% year-over-year to $4.2 billion; the TTM figure through Mar 2026 stood at $4.2 billion (up 889.65% YoY), while the FY2025 annual figure was $4.2 billion, down 1.3% from the prior year.
• Shares Outstanding was $4.2 billion for Q1 2026 at Netflix, roughly flat from $4.2 billion in the prior quarter.
• In the past five years, Shares Outstanding ranged from a high of $4.5 billion in Q4 2022 to a low of $423.7 million in Q3 2025.
• Historically, Shares Outstanding has averaged $1.6 billion across 5 years, with a median of $444.3 million in 2022.
• The sharpest annual moves came in 2022 and 2024: Shares Outstanding jumped 903.12% in 2022, then fell 3.16% in 2024.
• A 5-year view of Shares Outstanding shows it stood at $4.5 billion in 2022, then retreated by 2.83% to $4.3 billion in 2023, then retreated by 1.16% to $4.3 billion in 2024, then decreased by 1.3% to $4.2 billion in 2025, then dropped by 0.22% to $4.2 billion in 2026.
• The last three Shares Outstanding figures came in at $4.2 billion (Q1 2026), $4.2 billion (Q4 2025), and $423.7 million (Q3 2025), per Business Quant data.