Netflix (NFLX) Shares Outstanding (Weighted Average) (2009 - 2026)
Netflix (NFLX) recorded quarterly Shares Outstanding (Weighted Average) of $4.2 billion in Q1 2026, down 0.63% quarter-over-quarter from $4.2 billion in Q4 2025, and down 1.17% on a YoY basis from $4.3 billion in Q1 2025.
Netflix (NFLX) Shares Outstanding (Weighted Average) (2009 - 2026) Analysis & Trends
Netflix's Shares Outstanding (Weighted Average) history runs 18 years deep, the most recent figure standing at $4.2 billion for Q1 2026.
- In Q1 2026, Shares Outstanding (Weighted Average) fell 1.17% year-over-year to $4.2 billion; the TTM figure through Mar 2026 stood at $4.2 billion (down 1.17% YoY), while the FY2025 annual figure was $4.2 billion, down 1.06% from the prior year.
- Shares Outstanding (Weighted Average) was $4.2 billion for Q1 2026 at Netflix, down from $4.2 billion in the prior quarter.
- In the past five years, Shares Outstanding (Weighted Average) ranged from a high of $4.4 billion in Q4 2023 to a low of $424.5 million in Q3 2025.
- Historically, Shares Outstanding (Weighted Average) has averaged $1.6 billion across 5 years, with a median of $444.6 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Shares Outstanding (Weighted Average) jumped 892.97% in 2023, then dropped 3.02% in 2024.
- A 5-year view of Shares Outstanding (Weighted Average) shows it stood at $444.7 million in 2022, then surged by 892.97% to $4.4 billion in 2023, then declined by 2.73% to $4.3 billion in 2024, then fell by 1.06% to $4.2 billion in 2025, then decreased by 0.63% to $4.2 billion in 2026.
- The last three Shares Outstanding (Weighted Average) figures came in at $4.2 billion (Q1 2026), $4.2 billion (Q4 2025), and $424.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Weighted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 4.22 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 1.78 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | 2.49 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | 9.54 Bn |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 232.40 Mn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 251.00 Mn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 435.00 Mn |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 147.51 Mn |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 554.00 Mn |
| 10 | TKO Group Holdings | 15.40 Bn | 13.70 Bn | 862.52 Mn | 77.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.22 Bn |
| Dec 31, 2025 | 4.25 Bn |
| Sep 30, 2025 | 424.46 Mn |
| Jun 30, 2025 | 426.24 Mn |
| Mar 31, 2025 | 4.27 Bn |
| Dec 31, 2024 | 4.30 Bn |
| Sep 30, 2024 | 430.13 Mn |
| Jun 30, 2024 | 431.08 Mn |
| Mar 31, 2024 | 432.09 Mn |
| Dec 31, 2023 | 4.42 Bn |
| Sep 30, 2023 | 443.54 Mn |
| Jun 30, 2023 | 443.88 Mn |
| Mar 31, 2023 | 445.24 Mn |
| Dec 31, 2022 | 444.70 Mn |
| Sep 30, 2022 | 444.88 Mn |
| Jun 30, 2022 | 444.56 Mn |
| Mar 31, 2022 | 444.15 Mn |
| Dec 31, 2021 | 443.16 Mn |
| Sep 30, 2021 | 443.05 Mn |
| Jun 30, 2021 | 443.19 Mn |