What is Netflix's shares (basic)?

Netflix (NFLX) reported shares (basic) of 4.2B in Q1 2026.

How has Netflix's shares (basic) changed year-over-year?

Netflix's shares (basic) decreased by 1.2% year-over-year, from 4.3B to 4.2B.

What is the long-term trend for Netflix's shares (basic)?

Over 4 years (2021 to 2025), Netflix's shares (basic) has grown at a 51.6% compound annual growth rate (CAGR), from 1.8B to 9.4B.

What does shares (basic) mean?

The time-weighted average number of common shares outstanding during the period, used as the denominator for basic EPS calculations.

Netflix NFLX Shares (Basic)

Shares (Basic) at other companies

GHC

Graham HoldingsGHC

4.3M+0.3%

AppleAAPL

14.7B-2.1%

Electronic ArtsEA

250M-4.6%

AmazonAMZN

10.7B+1.3%

Charter Communications, Inc.CHTR

125.5M-11.4%

Nexstar Media Group, Inc.NXST

30.4M-0.5%

Other financials

Income statement

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Revenue$12.2B+16.2%

Gross profit$6.4B+20.5%

Operating income$4.0B+18.2%

Net income$5.3B+82.8%

EPS (diluted)$1.23+86.4%

Balance sheet

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Cash & equivalents$12.3B+70.3%

Total debt$16.7B-3.9%

Total equity$31.1B+29.5%

Total assets$61.0B+17.1%

Cash flow

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Operating cash flow$5.3B+89.7%

CapEx$196.1M+52.9%

Free cash flow$5.1B+91.4%

Valuation

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Market cap$298.55B-43.0%

Enterprise value$303.03B-43.3%

P/E22.3×-34.2×

P/S6.4×-6.7×

Profitability

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Gross margin49%+2.1pp

Operating margin29.7%+2.0pp

Net margin28.5%+5.4pp

FCF margin25.4%+6.8pp

Returns & leverage

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Return on equity48.5%+7.7pp

Debt / equity0.5×-0.2×

Current ratio1.4×+0.2×

Where this comes from

Reported directly by Netflix in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfSharesOutstandingBasic.

The official record: Netflix’s 10-Q, filed April 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Netflix's shares (basic)?: Netflix (NFLX) reported shares (basic) of 4.2B in Q1 2026.
How has Netflix's shares (basic) changed year-over-year?: Netflix's shares (basic) decreased by 1.2% year-over-year, from 4.3B to 4.2B.
What is the long-term trend for Netflix's shares (basic)?: Over 4 years (2021 to 2025), Netflix's shares (basic) has grown at a 51.6% compound annual growth rate (CAGR), from 1.8B to 9.4B.
What does shares (basic) mean?: The time-weighted average number of common shares outstanding during the period, used as the denominator for basic EPS calculations.