Video streaming giant Netflix had a total net income of nearly *** billion U.S. dollars in 2024, whilst the company's annual revenue reached around ** billion U.S. dollars. Six years earlier, at the end of 2018, the figure stood at *** million subscribers. The fiscal year end of the company is December 31. The growth of Netflix Netflix was launched in the United States in 1998, functioning as a digital DVD rental store and placing itself squarely in competition with Blockbuster. The company launched its streaming video service in 2007, and just over a decade later Netflix secured the title of the streaming service with the most subscribers in the world. Investing in own content Netflix now offers a wealth of original content as well as content from niche and emerging directors, multiple foreign-language movies and a significant amount of highly-acclaimed and popular films from Hollywood and other markets. Netflix’s worldwide video content budget surpassed ** billion U.S. dollars in 2023, marking a nearly three-fold increase since 2016. The streaming platform has become known for its many original shows reaching fans across the globe, including "Stranger Things," "Orange is the New Black," and "13 Reasons Why."

Netflix reported a net income of over *** billion U.S. dollars in the fourth quarter of 2024, around double the amount recorded a year earlier. Its revenue and subscriber base also increased and even beat expectations. Netflix’s profit compared to other DTC businesses Despite Netflix recording the highest expenses among major streaming services worldwide, it is one of the very few companies in the direct-to-consumer streaming business making money. In 2023, the operating profit of Netflix amounted to around ***** billion U.S. dollars, while Paramount, for example, reported DTC losses of nearly *** billion U.S. dollars that year. Disney’s losses exceeded *** billion U.S. dollars. Netflix’s content expenditure flattens However, like other providers, the streaming giant implemented several measures to reduce churn and costs. For example, Netflix’s content spending will probably not continue to increase, but will remain stable in the years ahead. The company already abruptly stopped further production of TV series seasons like “That '90s Show” and “Unstable,” as high production costs failed to pay off and the shows were met with unsatisfied viewers.

In the fourth quarter of 2024, Netflix generated total revenue of over **** billion U.S. dollars, up from about *** billion dollars in the corresponding quarter of 2023. The company's annual revenue in 2024 amounted to around ** billion U.S. dollars, continuing the impressive year-on-year growth Netflix has enjoyed over the last decade. Netflix’s global position Netflix’s revenue has been heavily impacted by its ever-growing global subscriber base. The leading Netflix market is Europe, Middle East, and Africa, surpassing the U.S. and Canada in terms of subscriber count. Netflix has also significantly increased its licensed and produced content assets since 2016. Despite concerns among investors that the company’s content spend was negatively affecting cash flow, Netflix’s plans to amortize its content assets long-term along with generating revenue from other sources such as licensing and merchandise should ensure the company’s future profitability. Netflix’s original content Netflix is also fortunate in that many of its original shows have been a hit with consumers across the globe. Shows such as “Orange is the New Black,” “Black Mirror,” and “House of Cards” won the hearts of subscribers long ago, but newer content such as English-language shows “Bridgerton,” “Wednesday,” and “Stranger Things,” as well as local TV shows such as “Squid Game” have also been favorably reviewed and proved popular among users.

Netflix reported $2.89B in Net Income for its fiscal quarter ending in March of 2025. Data for Netflix | NFLX - Net Income including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Netflix net income/loss for the twelve months ending March 31, 2025 was $22.925B, a 52.8% increase year-over-year. Netflix annual net income/loss for 2024 was $8.712B, a 61.09% increase from 2023. Netflix annual net income/loss for 2023 was $5.408B, a 20.39% increase from 2022. Netflix annual net income/loss for 2022 was $4.492B, a 12.2% decline from 2021.

Netflix reported $10.54B in Sales Revenues for its fiscal quarter ending in March of 2025. Data for Netflix | NFLX - Sales Revenues including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Netflix reported $3.35B in Operating Profit for its fiscal quarter ending in March of 2025. Data for Netflix | NFLX - Operating Profit including historical, tables and charts were last updated by Trading Economics this last July in 2025.

In fiscal year 2023, Netflix's revenue by segment (products & services) are as follows: Domestic Dvd: $82.84 M, Streaming: $33.64 B.

In fiscal year 2024, Netflix's revenue by geographical region are as follows: Asia-Pacific: $4.48 B, Europe, Middle East, and Africa: $12.50 B, Latin America: $4.90 B, United States and Canada: $17.44 B.

Netflix reported $5.28B in Gross Profit on Sales for its fiscal quarter ending in March of 2025. Data for Netflix | NFLX - Gross Profit On Sales including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Netflix income from continuous operations for the twelve months ending March 31, 2025 was $9.270B, a 44.05% increase year-over-year. Netflix annual income from continuous operations for 2024 was $8.712B, a 61.09% increase from 2023. Netflix annual income from continuous operations for 2023 was $5.408B, a 20.39% increase from 2022. Netflix annual income from continuous operations for 2022 was $4.492B, a 12.2% decline from 2021.

Netflix's annual net income per employee was $622.26 K in fiscal year 2024. The net income per employeeincreased$206.26 Kfrom $416.00 K(in 2023) to $622.26 K (in 2024), representing a 49.58% year-over-year growth.

In 2024, Netflix reported a revenue of nearly 17 billion U.S. dollars in the United States and Canada, up from around 15 billion in the previous year. The revenue generated in the North American countries was more than triple the amount brought in from Latin America and Asia Pacific. Netflix faces challenge to keep growing While the EMEA (Europe, Middle East, and Africa) region is Netflix’s second largest market in terms of revenue, the subscriber base in this region surpassed that in the U.S. and Canada for the first time in 2022. These countries experienced the most substantial combined subscriber loss when Netflix struggled to continue to grow in the same year as the service’s price has increased significantly over the past few years, leading audiences to switch to more affordable entertainment options. However, after this reported drop, the streaming giant seems to be back on track, adding around 30 million net subscribers in only one year. Consumers’ perception of Netflix Netflix has long been the SVOD market leader worldwide, despite rising competition. However, the perception of the streaming giant has taken a hit in the last few years. While the share of customers who were satisfied with Netflix amounted to 90 percent in 2021, the satisfaction rate declined below the 80 percent mark. Moreover, a survey asking users about eight different streaming services revealed that Netflix saw the highest year-over-year drops in the share of subscribers who were likely to keep the platform between 2021 and 2023.

Netflix reported $50.9M in Interest Income for its fiscal quarter ending in March of 2025. Data for Netflix | NFLX - Interest Income including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Netflix's annual revenue was $39.00 B in fiscal year 2024. The annual revenue increased $5.28 B from $33.72 B (in 2023) to $39.00 B (in 2024), representing a 15.65% year-over-year growth.

Netflix reported $3.21B in Pre-Tax Profit for its fiscal quarter ending in March of 2025. Data for Netflix | NFLX - Pre Tax Profit including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Netflix reported $6.61 in EPS Earnings Per Share for its fiscal quarter ending in March of 2025. Data for Netflix | NFLX - EPS Earnings Per Share including historical, tables and charts were last updated by Trading Economics this last July in 2025.

In the fourth quarter of 2024, SVOD platform Netflix reported its highest revenue in North America. Indeed, in the United States and Canada, Netflix's revenue amounted to over 4.5 billion U.S. dollars. In comparison, Netflix's revenue in Latin America was around 1.2 billion U.S. dollars.

Netflix reported $5.26B in Cost of Sales for its fiscal quarter ending in March of 2025. Data for Netflix | NFLX - Cost Of Sales including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Introduction

Netflix vs Hulu Statistics: In 2024, Netflix and Hulu were firmly atop the global streaming landscape. While Netflix remains the uncontested global giant, Hulu commands the U.S. territory.

Here is a clear Netflix vs Hulu statistics inspection of their subscriber bases, revenues, market shares, content investments, and major areas of growth through 2024, using simple language allowing clarifications from subscribers that are new to the metrics of streaming industries.