Netflix (NFLX) Shares Outstanding (Diluted Average) (2009 - 2026)

Netflix has reported Shares Outstanding (Diluted Average) for 18 years, with the latest figure at $4.3 billion in Q1 2026.

• For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) fell 1.63% year-over-year to $4.3 billion; the trailing twelve-month figure through Mar 2026 stood at $4.3 billion (down 1.63% YoY), and the FY2025 full-year result was $4.3 billion, down 1.11% from the prior year.
• Shares Outstanding (Diluted Average) for Q1 2026 stood at $4.3 billion, down from $4.3 billion in the prior quarter.
• The five-year high for Shares Outstanding (Diluted Average) was $4.5 billion in Q4 2023, with the low at $434.9 million in Q2 2025.
• Average Shares Outstanding (Diluted Average) over 5 years is $1.6 billion, with a median of $451.3 million recorded in 2022.
• Year-over-year, Shares Outstanding (Diluted Average) surged 896.03% in 2023 and dropped 2.62% in 2024.
• Tracing NFLX's Shares Outstanding (Diluted Average) over 5 years: stood at $451.3 million in 2022, then surged by 896.03% to $4.5 billion in 2023, then decreased by 2.28% to $4.4 billion in 2024, then dropped by 1.11% to $4.3 billion in 2025, then declined by 1.05% to $4.3 billion in 2026.
• The last three Shares Outstanding (Diluted Average) figures came in at $4.3 billion (Q1 2026), $4.3 billion (Q4 2025), and $435.3 million (Q3 2025), per Business Quant data.

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