Netflix, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
July 19, 2021
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Netflix, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2021. For the second quarter, the company announced revenues of USD 7,341,777,000 compared to USD 6,148,286,000 a year ago. Operating income was USD 1,847,630,000 compared to USD 1,357,928,000 a year ago. Net income was USD 1,353,013,000 compared to USD 720,196,000 a year ago. Basic earnings per share was USD 3.05 compared to USD 1.63 a year ago. Diluted earnings per share was USD 2.97 compared to USD 1.59 a year ago.
For the half year, the company reported revenues of USD 14,505,059,000 compared to USD 11,915,977,000 a year ago. Operating income was USD 3,807,486,000 compared to USD 2,316,184,000 a year ago. Net income was USD 3,059,728,000 compared to USD 1,429,263,000 a year ago. Basic earnings per share was USD 6.90 compared to USD 3.25 a year ago. Diluted earnings per share was USD 6.72 compared to USD 3.15 a year ago.
Netflix, Inc. specializes in on-line broadcasting services for films and television series provided continuously by subscription. Members pay a monthly fee for access to unlimited on-demand content on their computers (PC and MAC), portable telephones, televisions, or other devices (Xbox 360, PS3, Wii, Blu-Ray, etc.) connected to the Internet. The group is also involved in DVD and Blu-ray leasing by mail. Net sales break down by type of revenue as follows:
- streaming subscriptions revenues (99.8%);
- DVD subscriptions revenues (0.2%).
At the end of 2023, Netflix, Inc. had over 260 million subscribers.
Net sales are distributed geographically as follows: the United States and Canada (44.1%), Europe/Middle East/Africa (31.3%), Latin America (13.3%) and Asia/Pacific (11.3%).
NETFLIX, INC. 
