Netflix (NFLX) Shares Outstanding (2009 - 2026)
Netflix (NFLX) posted Shares Outstanding (Entity) of $4.2 billion for Q2 2026, down 1.16% on a QoQ basis from $4.2 billion in Q1 2026, and down 2.01% year-over-year from $4.2 billion in Q2 2025.
Analysis
Netflix (NFLX) Shares Outstanding (2009 - 2026) Analysis & Trends
Netflix has reported Shares Outstanding (Entity) for 18 years, with the latest figure at $4.2 billion in Q2 2026.
- On a quarterly basis, Shares Outstanding (Entity) fell 2.01% year-over-year to $4.2 billion in Q2 2026; TTM through Jun 2026 was $4.2 billion, a 2.01% decrease from a year earlier, with the FY2025 full-year figure at $4.2 billion, down 1.3% from the prior year.
- Shares Outstanding (Entity) was $4.2 billion for Q2 2026 at Netflix, down from $4.2 billion in the prior quarter.
- The five-year high for Shares Outstanding (Entity) was $4.5 billion in Q4 2022, with the low at $4.2 billion in Q2 2026.
- Average Shares Outstanding (Entity) over 5 years is $4.3 billion, with a median of $4.3 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Shares Outstanding (Entity) climbed 0.48% in 2022, then retreated 3.16% in 2024.
- Over 5 years, Shares Outstanding (Entity) stood at $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 slipped by 1.3% to $4.2 billion in 2025, then declined by 1.38% to $4.2 billion in 2026.
- The last three Shares Outstanding (Entity) figures came in at $4.2 billion (Q2 2026), $4.2 billion (Q1 2026), and $4.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn | 4.19 Bn |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn | 205.41 Mn |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn | 1.53 Bn |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn | 228.84 Mn |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn | 434.44 Mn |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn | 29.09 Mn |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn | 147.58 Mn |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn | 59.19 Mn |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn | 20.67 Mn |
| 10 | LiveOne | 46.60 Mn | 37.94 Mn | 3.94 Mn | 13.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.19 Bn |
| Mar 31, 2026 | 4.22 Bn |
| Dec 31, 2025 | 4.25 Bn |
| Sep 30, 2025 | 4.24 Bn |
| Jun 30, 2025 | 4.25 Bn |
| Mar 31, 2025 | 4.27 Bn |
| Dec 31, 2024 | 4.30 Bn |
| Sep 30, 2024 | 4.28 Bn |
| Jun 30, 2024 | 4.30 Bn |
| Mar 31, 2024 | 4.32 Bn |
| Dec 31, 2023 | 4.42 Bn |
| Sep 30, 2023 | 4.42 Bn |
| Jun 30, 2023 | 4.44 Bn |
| Mar 31, 2023 | 4.45 Bn |
| Dec 31, 2022 | 4.45 Bn |
| Sep 30, 2022 | 4.45 Bn |
| Jun 30, 2022 | 4.45 Bn |
| Mar 31, 2022 | 4.44 Bn |
| Dec 31, 2021 | 4.43 Bn |
| Sep 30, 2021 | 4.43 Bn |