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
DateValue
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