Netflix revenue for the last 3 years explained in detail – Geekymint

Netflix revenue for the last 3 years explained in detail

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Netflix

Netflix was started in 1997 as a DVD rental service in the United stated and since then has become one of the largest streaming websites in the world. In 2002, the streaming service launched its IPO and its shares were traded on Nasdaq. The company has a market cap of over $200 billion making it one of the largest companies in the world.

Netflix revenue in 2021

Netflix Revenue in First Quarter of 2021

The company made a revenue of $7.16 billion in FQ1 of 2021 according to the reports published by the company. The analyst estimated that the company would make $7.13 billion, however it was more than what they were expecting. 

Also Read: How to fix Netflix Error Codes (List of Errors)

Netflix revenue in 2020

2020 was a very good year for Netflix as the company generated a revenue of $24.99 billion The analyst at wall street estimated $24.96 billion in revenue however the streaming giant overperformed for the Financial year 2020-2021

Netflix Revenue in First Quarter of 2020

The movie streaming app overperformed in FYQ1 of 2021 with 45.76 billion in revenue. The rise in revenue was due to the pandemic. The estimated earrings for the first quarter of 2020 were $5.74 billion. 

Netflix Revenue in Second Quarter of 2020

Netflix made more revenue in the 2nd quarter of 2020 than the first quarter with a revenue of $6.14 billion. The company again broke estimated revenue which was projected at $6.08 billion 

Netflix Revenue in Third Quarter of 2020

The revenue for the third quarter of 2020 stood at $6.42 billion. Like every other quarter of 2020, the company broke revenue estimates which were projected at $6.38 billion.

Also Read: How To Solve The Netflix Download Limit Error

Netflix Revenue in Fourth Quarter of 2020

The fourth quarter of 2020 was the best quarter for the streaming giant 2020 with a revenue of $6.64 billion. The analyst at wall street predicted revenue of $6.62 billion. 

Netflix revenue in 2019

Netflix crossed the $20 billion revenue mark in 2019 with $20.15 billion in revenue. The analyst was very close in estimating the revenue and project revenue of $20.14 billion.

Netflix Revenue in First Quarter of 2019

The first quarter of Netflix earnings broke the estimates by a small number. The company clocked a revenue of $4.52 billion while the estimated numbers were $4.50 billion. The content creator tends to make more revenue towards the end of the financial year.

Netflix Revenue in Second Quarter of 2019

It was the only quarter of 2019 where the revenue didn’t beat estimates. The company made $4.92 billion while the revenue estimates for the first quarter of 2019 were $4.93 billion. 

Also Read: The best Netflix alterntaives

Netflix Revenue in Third Quarter of 2019

The United states based country crossed the $5 billion mark in revenue and generated $5.244 billion for Q3 of 2019. The analyst estimates were very close and projected a revenue of $5.247.

Netflix Revenue in Fourth Quarter of 2019

The last quarter of the financial year has always been good for Netflix and always seen a rise in revenue when compared to the other quarters.  Netflix revenue for the last quarter of 2019 was $5.46 billion while analyst estimated revenue of $5.45 billion.

Joel Picardo

Joel Picardo

Joel Picardo has been in the startup space for the last 5 years and has worked with startups in the cryptocurrency and digital marketing industry. He founded GeekyMint along with his co-founder SafdarAli with a mission to provide well-reseached articles in the cryptocurrency, finance, technology, blockchain, software, and startup sector

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