In 2018 Netflix brought in a total of $16 billion in annual revenue, up 35% year over year.
The online streaming platform also grew its net income to $1.2 billion last year, double what it was in 2017.
How much money does a Netflix show make?
How Does Netflix Make Money? Netflix’s main source of revenue is subscriptions, which cost between $7.99 and $13.99 per month. This totals to about $950 million per month, according to the company’s earnings report [No Longer Available]. It also earns about $30 million per month through DVD rentals.
Does Netflix turn a profit?
Netflix said it gained almost seven million new users worldwide, to bring its total membership to more than 137 million. Profit in the quarter more than tripled from a year ago to $403 million while revenues grew 34 percent to $4 billion. Netflix has said it plans to invest some $8 billion in original content.
How much did Netflix make in 2018?
In Q3 2018, gross profit was $1.6 billion, and Netflix’s net income was $403 million. Net income for the whole year in 2017 was $558.9 million – up considerably on the $186.7 million posted in 2016.
How much is Netflix net worth?
The net worth of founder Reed Hastings, who owns about 2.5% of Netflix’ shares, fell $850 million over that period, to $3.4 billion. The downturn comes during an otherwise positive year.