Growth Metrics

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

Netflix (NFLX) has 17 years of Shares Outstanding (Diluted Average) data on record, last reported at $4.3 billion in Q4 2025.

  • For Q4 2025, Shares Outstanding (Diluted Average) fell 1.11% year-over-year to $4.3 billion; the TTM value through Dec 2025 reached $4.3 billion, down 1.11%, while the annual FY2025 figure was $4.3 billion, 1.11% down from the prior year.
  • Shares Outstanding (Diluted Average) reached $4.3 billion in Q4 2025 per NFLX's latest filing, up from $435.3 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $4.5 billion in Q4 2023 and bottomed at $435.3 million in Q3 2025.
  • Average Shares Outstanding (Diluted Average) over 5 years is $1.0 billion, with a median of $451.6 million recorded in 2022.
  • Peak YoY movement for Shares Outstanding (Diluted Average): soared 896.03% in 2023, then decreased 2.97% in 2024.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $455.4 million in 2021, then decreased by 0.9% to $451.3 million in 2022, then skyrocketed by 896.03% to $4.5 billion in 2023, then dropped by 2.28% to $4.4 billion in 2024, then fell by 1.11% to $4.3 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Shares Outstanding (Diluted Average) were $4.3 billion in Q4 2025, $435.3 million in Q3 2025, and $435.9 million in Q2 2025.