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Netflix (NFLX) Shares Outstanding (Diluted Average) (2016 - 2025)

Netflix has reported Shares Outstanding (Diluted Average) over the past 17 years, most recently at $4.3 billion for Q4 2025.

  • Quarterly results put Shares Outstanding (Diluted Average) at $4.3 billion for Q4 2025, down 1.11% from a year ago — trailing twelve months through Dec 2025 was $4.3 billion (down 1.11% YoY), and the annual figure for FY2025 was $4.3 billion, down 1.11%.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $4.3 billion at Netflix, up from $435.3 million in the prior quarter.
  • Over the last five years, Shares Outstanding (Diluted Average) for NFLX hit a ceiling of $4.5 billion in Q4 2023 and a floor of $435.3 million in Q3 2025.
  • Median Shares Outstanding (Diluted Average) over the past 5 years was $451.8 million (2022), compared with a mean of $1.0 billion.
  • Biggest five-year swings in Shares Outstanding (Diluted Average): surged 896.03% in 2023 and later fell 2.71% in 2024.
  • Netflix's Shares Outstanding (Diluted Average) stood at $455.4 million in 2021, then fell by 0.9% to $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.
  • The last three reported values for Shares Outstanding (Diluted Average) were $4.3 billion (Q4 2025), $435.3 million (Q3 2025), and $435.9 million (Q2 2025) per Business Quant data.