Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 121 Albright Way LOS GATOS CA 95032 |
Tel: | N/A |
Website: | https://www.netflix.com |
IR: | See website |
Key People | ||
Reed Hastings Executive Chairman of the Board | Gregory K. Peters Co-Chief Executive Officer, Director | Theodore A. Sarandos Co-Chief Executive Officer, Chief Content Officer, Director |
Spencer Adam Neumann Chief Financial Officer | Jeffrey William Karbowski Chief Accounting Officer, Vice President | Rachel Whetstone Chief Communications Officer | David A. Hyman Chief Legal Officer, Secretary |
Business Overview |
Netflix, Inc. is a provider of entertainment services. The Company acquires, licenses and produces content, including original programming. The Company provides paid memberships in approximately 190 countries offering television (TV) series, films and games across a wide variety of genres and languages. Its members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time. The Company offers members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, TV set-top boxes and mobile devices. The Company also has agreements with various cable, satellite and telecommunications operators to make its service available through TV set-top boxes. The Company's paid plans range from the United States dollar equivalent of $1 to $28 per month, and pricing on its extra member sub accounts range from the United States dollar equivalent of $2 to $8 per month. |
Financial Overview |
For the fiscal year ended 31 December 2023, Netflix Inc revenues increased 7% to $33.72B. Net income before extraordinary items increased 31% to $5.41B. Revenues reflect Europe, Middle East, and Africa (EMEA) segment increase of 8% to $10.56B, Revenue per Customer - Average DVD US increase of 3% to $16.28. Net income benefited from Interest income increase from $55.3M to $244.2M (income). |
Employees: | 13,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $272,916M as of Dec 31, 2023 |
Annual revenue (TTM): | $33,723M as of Dec 31, 2023 |
EBITDA (TTM): | $21,508M as of Dec 31, 2023 |
Net annual income (TTM): | $5,408M as of Dec 31, 2023 |
Free cash flow (TTM): | $6,926M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $7,405M as of Dec 31, 2023 |
Shares outstanding: | 432,759,584 as of Dec 31, 2023 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |