Written by: Brooke Gaines
February 7, 2025

With more than 301.6 million subscribers globally, Netflix has firmly established itself as a leader in the streaming world. 

In the U.S., it has over 81.44 million subscribers, with a 21% share of the SVOD market, making it the second most popular platform in the country. 

This article provides an overview of the latest Netflix statistics, including details about its users, demographics, viewing trends, and financial performance.

Netflix Statistics 2025 (Latest Data)

  • Netflix has more than 301.6 million subscribers worldwide.
  • Over 81.44 million Netflix users are from the United States.
  • Netflix is the second most popular SVOD platform in the U.S., holding a 21% market share.
  • More than one-third of Netflix users are Millennials.
  • In 2024, Netflix made $39 billion in revenue and expects to earn $10.42 billion in Q1 2025.
  • In Q4 2024, Netflix recorded a net income of $1.87 billion.
  • The Netflix mobile app was downloaded over 18.21 million times in the United States.

How Many Subscribers Does Netflix Have?

Netflix now has 301.6 million subscribers worldwide. 

That’s a 15.9% increase compared to 260.28 million Netflix subscribers recorded at the end of 2023.

In just the last quarter of 2024, the platform gained around 19 million new subscribers, a 6.69% rise. Looking at the bigger picture, Netflix added nearly 41 million subscribers in the last year.

Netflix Subscribers Over The Years

Here is a table showing the number of Netflix subscribers by quarter:

Year Number Of Subscribers
Q4 2024301.6 million
Q3 2024282.7 million
Q2 2024277.65 million
Q1 2024269.6 million
Q4 2023260.28 million
Q3 2023247.15 million
Q2 2023238.39 million
Q1 2023232.5 million
Q4 2022230.75 million
Q3 2022223.09 million
Q2 2022220.67 million
Q1 2022221.64 million
Q4 2021221.84 million
Q3 2021213.56 million
Q2 2021209.18 million
Q1 2021207.64 million

Source: Statista

The United States And Canada Region Has 89.63 Million Netflix Subscribers.

This region makes up the second-largest Netflix market worldwide.

With over 101.13 million subscribers, Europe, the Middle East, and Africa (EMEA) region is the biggest Netflix market globally.

Latin America has 53.33 million Netflix subscribers, while Asia Pacific has over 57.54 million subscribers.

Here is a table displaying the Netflix subscribers by Region as of Q3 2024.

RegionNetflix Subscribers
Europe, Middle East, and Africa101.13 million
U.S. and Canada89.63 million
Asia Pacific57.54 million
Latin America53.33 million

Source: Statista

Netflix Users By Country

With 81.44 million subscribers, the U.S. remains Netflix’s largest market.

Coming in second, the U.K. leads Europe with 18.4 million subscribers.

Meanwhile, Germany and Brazil are tied at 16.59 million subscribers each, highlighting Netflix’s strong presence in both Western Europe and Latin America.

On the growth front, India, Brazil, and South Korea are emerging as key markets, driven by Netflix’s focus on localized content and affordable pricing strategies.

Here is a table showing the number of Netflix subscribers by country:

CountryNumber Of Netflix Subscribers
United States81,440,100
United Kingdom18,399,430
Germany16,589,650
Brazil16,589,650
Mexico13,874,980
France13,573,350
India12,366,830
Canada9,048,900
Japan9,048,900
South Korea8,355,151

Source: Flix Patrol

Netflix Usage Statistics

Americans Are Estimated To Spend 62.1 Minutes On Netflix.

Comparatively, U.S. citizens spent an average of 61.8 minutes watching Netflix in 2023.

On the other hand, users are estimated to spend 48.7 minutes on YouTube and 58.4 minutes on TikTok.

The United States Netflix users spent 61.3 minutes on Netflix in 2022. 

The table below shows the average time spent by Americans on Netflix.

YearNetflix
202462.1 minutes
202361.8 minutes
202261.3 minutes
202160.5 minutes
202059.6 minutes
201953.3 minutes

Source: Statista

10% Of White Americans Reported Watching Netflix Once Daily In 2022

Moreover, 13% of Blacks and 12% of Hispanics watched Netflix once every day in 2022.

Around 21% of Whites and 18% of Blacks reported watching Netflix a few times per week. 

Conversely, 37% of Whites and 20% of Hispanics reported never watching Netflix in 2022.

Source: Statista

25% Of U.S. Millennials Reported Watching Netflix Multiple Times A Day In 2023

Meanwhile, 19% of U.S. Gen Z and 17% of Gen X used Netflix multiple times a day.

Gen Z users are the most avid users of Netflix, and 30% of them reported watching it a few times per week in 2023.

Around 49% of Baby Boomers reported never using Netflix, while 20% watched a few times per week.

The table below shows the frequency of Netflix viewing in the U.S. In 2023:

GenerationMultiple Times A DayA Few Times Per WeekNever
Gen Z19%30%12%
Millennials25%23%15%
Gen X17%21%31%
Baby Boomers7%20%49%

Source: Statista

Netflix User Demographic Statistics

Netflix boasts a diverse and loyal customer base and is popular among users of every age and gender.

Let’s look at the age and gender demographics of Netflix users below.

51% Of Netflix Users Are Female, While 49% Are Male

The gender split of Netflix users is almost evenly distributed, and females are the dominant gender in Netflix usage.

Source: Tridens Technology 

33.3% Of Netflix Users Are Millennials

On the other hand, Gen Z makes up 18.2% of Netflix’s user base. 

26.3% of Netflix users come from Generation X, and 22.2% are Baby Boomers.

Source: Tridens Technology

72% Of Internet Users Aged Between 18 And 29 Years Reported Using Netflix 

A 2023 survey revealed that 70% of U.S. internet users aged 30 to 49 reported using Netflix between March 2022 and March 2023.

Meanwhile, 69% of U.S. internet users from the 50- 64 age group used Netflix in 2023.

Source: Statista

Netflix Revenue

Netflix expects to generate $10.42 billion in revenue for Q1 2025, reflecting an 11.2% year-over-year growth.

In 2024, the company brought in a total of $39 billion, with revenue steadily increasing throughout the year. The final quarter contributed the most at $10.25 billion, followed by $9.82 billion in Q3, $9.56 billion in Q2, and $9.37 billion in Q1.

Netflix Subscribers Over The Years

The table below shows Netflix’s yearly revenue over the years:

YearRevenue
2024$39 billion
2023$33.72 billion
2022$31.61 billion
2021$29.69 billion
2020$26 billion
2019$20.15 billion
2018$15.79 billion
2017$11.69 billion
2016$9.83 billion
2015$6.77 billion
2014$5.50 billion

Source: Statista, Netflix.

Netflix Was Estimated To Generate $31 Billion In Subscription Revenue In 2024

Further, Netflix is anticipated to earn over $3.6 billion from ad revenue in 2024.

Subscription revenue is expected to reach $26.9 billion by 2027. Meanwhile, ad revenue is projected to reach $7.4 billion.

The table below shows the estimated subscription and ad revenue of Netflix between 2023 and 2027:

YearSubscription RevenueAd Revenue
2027*$26.9 billion$7.4 billion
2026*$28.1 billion$6.3 billion
2025*$29.6 billion$5 billion
2024*$31 billion$3.6 billion
2023*$32.3 billion$1.4 billion

Source: Statista     *Projected numbers

Netflix Revenue By Region

Netflix Generated $14.87 Billion In Revenue In The U.S. And Canada Region In 2023

The U.S. and Canada region significantly contributed to Netflix’s revenue in 2023.

At the same time, the European, Middle Eastern, and African regions generate over $10.55 billion in revenue.

Netflix generated $4.44 billion in revenue in Latin America and $3.76 billion in the Asia Pacific region. 

Here is  a table displaying the distribution of Netflix revenue by region:

RegionNetflix Revenue
U.S. and Canada$14.87 million
Europe, Middle East, and Africa$10.56 million
Latin America$4.45 million
Asia Pacific$3.76 million

Source: Statista

Netflix Net Income

Netflix achieved a record-breaking net income of $2.36 billion in Q3 2024, the highest among recent quarters.

In comparison, the company reported $1.87 billion in Q4, $2.15 billion in Q2, and $2.33 billion in Q1.

Looking back, Netflix’s total net income for 2023 was around $5.40 billion, up by nearly $910 million from 2022, highlighting its steady financial growth.

The table below shows the net income produced by Netflix over the years:

YearNet Income
Q4 2024$1.87 billion
Q3 2024$2.36 billion
Q2 2024$2.15 billion
Q1 2024$2.33 billion
2023$5.40 billion
2022$4.49 billion
2021$5.11 billion
2020$2.76 billion
2019$1.86 billion
2018$1.21 billion
2017$558.93 million

Source: Statista, Netflix

Netflix ARPU

Netflix’s Monthly ARPU Was Around $11.64 In 2023 

In comparison, Netflix generated an average monthly revenue per user of $11.76 in 2022.

In 2020, Netflix’s monthly ARPU was around $10.91, which increased to $11.67 in 2021.

Here is a table showing Netflix’s monthly ARPU over the years:

YearARPU
2023$11.64
2022$11.76
2021$11.67
2020$10.91
2019$10.82
2018$10.31
2017$9.43
2016$8.61

Source: Statista 

Netflix ARPU By Region

In Q4 2024, Netflix saw the highest Average Revenue Per User (ARPU) in the U.S. and Canada, reaching $17.26.

Meanwhile, the Europe, Middle East, and Africa (EMEA) region had an ARPU of $11.11, showing a moderate revenue stream per user.

In Latin America, the ARPU stood at $8, while the Asia Pacific (APAC) region had the lowest at $7.34, emphasizing Netflix’s efforts to maintain affordability and expand its presence in these markets.

RegionARPU 
U.S. and Canada17.26
Europe, Middle East, and Africa11.11
Latin America8
Asia Pacific7.34

Source: Statista

Netflix Market Share

Netflix is the second most popular SVOD platform in the United States, with a 21% share of the market. 

Meanwhile, Amazon Prime has surpassed Netflix and is now the leading SVOD platform in the country.

Here is a table showing the market share of Netflix in the SVOD market in the U.S.:

SVOD PlatformMarket Share
Amazon Prime Video22%
Netflix21%
Max13%
Disney+12%
Hulu10%
Paramount+9%
Apple TV+8%
Peacock1%
Other3%

Source: Statista

Netflix Downloads

Netflix Mobile App Was Downloaded Over 18.21 million.

Netflix downloads for 2024 Q3 is down by 8% compared to the 2023 Netflix Q3 downloads.

In 2023, Netflix recorded a total download of 24.28 million, a 2.45% increase compared to 23.7 million downloads in 2022. 

Netflix Downloads In The US

The following table displays the number of Netflix Mobile App downloads recorded over the past quarters in the United States.

Year-QuarterNumber Of Netflix Downloads In US
2024 Q35.85 million
2024 Q25.95 million
2024 Q16.41 million
2023 Q46.05 million
2023 Q36.36 million
2023 Q25.75 million
2023 Q16.12 million
2022 Q45.72 million
2022 Q36.25 million
2022 Q25.44 million
2022 Q16.29 million
2021 Q48.27 million
2021 Q38.41 million
2021 Q27.31 million
2021 Q18.43 million

Source: Statista

Netflix Content Statistics

Netflix Content Spending Is Projected To Reach $17 Billion

Comparatively, Netflix spent $13 billion on content in 2023. Netflix’s content spending has declined in the past two years and is estimated to rise again.  Most users look for a Netflix free trial to stream the content for free; somehow, it impacts the revenue.

In 2021, Netflix spent the highest amount of $17.5 billion on its content. 

Here is a table displaying further details about Netflix’s spending on its content over the years. 

YearNetflix’s Content Spending
2024*$17 billion
2023$13 billion
2022$16.7 billion
2021$17.5 billion
2020$12.5 billion
2019$14.6 billion
2018$12.04 billion
2017$8.91 billion
2016$6.88 billion
2012$1.75 billion

* Estimated Values

Source: Statista

With 8,427 Movies And TV Shows, Slovakia Had The Most Content Available On Netflix As Of March 2023

At the same time, countries like Bulgaria and Latvia had the second and the third highest number of movies and TV shows available on Netflix. 

Besides, 5,800 content titles are available in the United States alone.  

The following table displays the countries with the most content titles available on Netflix as of March 2023. 

Country Number Of Movies And TV Shows
Slovakia8,427
Bulgaria8,272
Latvia8,092
Estonia8,071
Iceland8,012
Lithuania7,994
Romania7,748
UK7,482
Portugal7,411

Source: Statista

Netflix Employee Statistics

13,000 Employees Worked Full-Time At Netflix In 2023.

This was an increase of 200 full-time employees at Netflix compared to that recorded in the previous year. 

In 2022, 12,800 employees worked at Netflix. 

The following table provides further details about the number of employees working at Netflix:

YearNumber Of Netflix Employees
202313,000
202212,800
202111,300
20209,400
20198,600
20187,100
20175,400
20164,500
20153,500

Source: Statista

Most Popular Shows On Netflix

With 252.1 Million Views Just Within The First 91 Days, Wednesday: Season 1 Is The Most Popular Title On Netflix

With 140.7 million views on Netflix, Stranger Things 4 is the second most popular title on Netflix. 

The following table displays the most popular titles on Netflix according to the views recorded within the first 91 days of its release.

RankTitleViews
1Wednesday: Season 1252,100,000
2Stranger Things 4140,700,000
3DAHMER: Monster: The Jeffrey Dahmer Story115,600,000
4Bridgerton: Season 1113,300,000
5The Queen’s Gambit: Limited Series112,800,000
6Bridgerton: Season 3105,500,000
7The Night Agent: Season 198,200,000
8Fool Me Once: Limited Series98,200,000
9Stranger Things 394,800,000
10Bridgerton: Season 293,800,000

Source: Netflix

Related Read:

Conclusion: Netflix has 301 million subscribers globally

Netflix continues to lead the global streaming industry with 301 million subscribers. The platform has experienced consistent growth, adding nearly 41 million subscribers between Q1 and Q4 of 2024. 

Financially, Netflix is thriving, bringing in $39 billion in revenue in 2024, with Q1 2025 projections at $10.42 billion. In Q3 2024, Netflix also reached a new milestone with its highest-ever net income of $2.36 billion, surpassing previous records.

Looking ahead, Netflix’s continued growth will rely on its focus on localized content, adaptable pricing strategies, and ongoing technological innovations to stay competitive and meet the demands of its global audience.

Article By

Brooke Gaines is a dedicated writer for Evoca.tv, focusing on in-depth reviews and discussions about the latest movies and TV series. Her expertise in media criticism was developed through contributions to several online entertainment outlets before she settled into her current role at Evoca.tv. Brooke has a knack for uncovering both popular and lesser-known aspects of the media world, which she eagerly shares with her audience.