Netflix NFLX Revenue Breakdown

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As of: Sep 23, 2026 · 10:29 AM EDT
Annual revenue breakdowns for Netflix, fiscal 2010 to 2025, as reported in its filings.
Annual history

Netflix Revenue by Geography

Years FY 2010–2025
Lines 4
FY 2025 Total $45.18B

United States & Canada (Ucan) was Netflix’s largest region in fiscal 2025, bringing in $19.96B of $45.18B (44%).

Netflix revenue by geography, fiscal 2010 to 2025
Geography FY 2010 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
United States & Canada (Ucan) $14.87B $17.36B $19.96B
Europe, Middle East, & Africa (Emea) $10.56B $12.39B $14.51B
Latin America (Latam) $4.45B $4.84B $5.36B
Asia-Pacific (Apac) $3.76B $4.41B $5.35B
Total $31.47B $33.64B $39.00B $45.18B
Totals include 6 discontinued lines from earlier reporting.

Netflix revenue by geography: what the figures show

Netflix brought in $45.18B from its four regions in fiscal 2025, the year ended December 31, 2025. That was up 15.9% from $39.00B in fiscal 2024. United States & Canada (Ucan) was the largest at $19.96B (44.2%), ahead of Europe, Middle East, & Africa (Emea) at $14.51B (32.1%) and Latin America (Latam) at $5.36B (11.9%). The remaining region, Asia-Pacific (Apac), brought in $5.35B.

Compared with fiscal 2024, Asia-Pacific (Apac) grew fastest, up 21.3% to $5.35B. Every region above 2% of revenue grew.

Netflix began breaking out United States & Canada (Ucan) in fiscal 2023, Europe, Middle East, & Africa (Emea) in fiscal 2023, Latin America (Latam) in fiscal 2023 and Asia-Pacific (Apac) in fiscal 2023. Netflix stopped reporting United States & Canada ($14.08B in fiscal 2022), Europe, Middle East, & Africa ($9.75B in fiscal 2022), Latin America ($4.07B in fiscal 2022) and one other as separate regions.

Questions

Netflix Revenue Breakdown FAQ

How does Netflix make money?

Netflix (NFLX) reports its revenue by geography. In fiscal 2025, United States & Canada (Ucan) was its largest region, bringing in $19.96B (44.2% of the total), followed by Europe, Middle East, & Africa (Emea) at $14.51B (32.1%).

What is Netflix's largest region?

United States & Canada (Ucan) was Netflix's largest region in fiscal 2025, bringing in $19.96B, or 44.2% of the $45.18B total across its four regions.

Which Netflix region is growing the fastest?

Among Netflix's regions that make up at least 2% of revenue, Asia-Pacific (Apac) grew fastest in fiscal 2025, up 21.3% from $4.41B to $5.35B.

Where does this revenue breakdown data come from?

Every figure comes from Netflix's annual financial filings, as reported. Each line keeps the name Netflix gives it, and years follow its fiscal calendar.

How far back does Netflix's revenue breakdown go?

Netflix's revenue by geography goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.