Earnings Per Share
Shares (Diluted)
Netflix Shares (Diluted) increased by 10.0% to 4.3B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from 4.4B to 4.3B. Over 4 years (FY 2021 to FY 2025), Shares (Diluted) shows an upward trend with a 60.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionEarnings Per Share
CategoryCapital Allocation
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 17, 2026
How to read this metric
An increase indicates potential dilution from employee compensation or convertible instruments, which can reduce earnings per share.
Detailed definition
The weighted-average number of common shares outstanding plus the effect of all potentially dilutive securities, such as...
Peer comparison
Standard metric for all public companies; essential for understanding the impact of equity-based compensation.
Metric ID:
weighted_shares_dilutedHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 455.1M | 454.9M | 142K | 453M | 450.2M | 450.3M | 122K | 452.4M | 451.6M | 450M | 4B | 441.7M | 439.7M | 437.9M | 4B | 4.4B | 434.9M | 434M | 3.9B | 4.3B |
| QoQ Change | — | -0.0% | -100.0% | >999% | -0.6% | +0.0% | -100.0% | >999% | -0.2% | -0.3% | +798.6% | -89.1% | -0.4% | -0.4% | +802.7% | +10.5% | -90.0% | -0.2% | +800.5% | +10.0% |
| YoY Change | — | — | — | — | -1.1% | -1.0% | -14.1% | -0.1% | +0.3% | -0.1% | >999% | -2.4% | -2.6% | -2.7% | -2.2% | +889.4% | -1.1% | -0.9% | -1.1% | -1.6% |
Range122K – 4.4B
CAGR+60.4%
Avg YoY Growth>999%
Median YoY Growth-1.1%
Current Streak2 quarters growth
Shares (Diluted) at Other Companies
Frequently Asked Questions
- What is Netflix's shares (diluted)?
- Netflix (NFLX) reported shares (diluted) of 4.3B in Q1 2026.
- How has Netflix's shares (diluted) changed year-over-year?
- Netflix's shares (diluted) decreased by 1.6% year-over-year, from 4.4B to 4.3B.
- What is the long-term trend for Netflix's shares (diluted)?
- Over 4 years (2021 to 2025), Netflix's shares (diluted) has grown at a 60.9% compound annual growth rate (CAGR), from 1.4B to 9.1B.
- What does shares (diluted) mean?
- The average number of shares outstanding including all potential shares that could be created.