Exhibit 99.1
Netflix, Inc.
Streaming Revenue and Membership Information by Region
(unaudited)
(in thousands, except for average monthly revenue per paying membership and percentages)
As Of / Three Months Ended | As of / Year Ended | ||||||||||||||||||||||||||||||||||||||||||||||
March 31, 2017 | June 30, 2017 | September 30, 2017 | December 31, 2017 | December 31, 2017 | |||||||||||||||||||||||||||||||||||||||||||
United States and Canada (UCAN) | |||||||||||||||||||||||||||||||||||||||||||||||
Revenues (1) | $ | 1,586,167 | $ | 1,624,397 | $ | 1,674,308 | $ | 1,775,987 | $ | 6,660,859 | |||||||||||||||||||||||||||||||||||||
Paid net streaming membership additions | 1,665 | 1,042 | 1,162 | 1,643 | 5,512 | ||||||||||||||||||||||||||||||||||||||||||
Paid streaming memberships at end of period | 54,575 | 55,617 | 56,779 | 58,422 | 58,422 | ||||||||||||||||||||||||||||||||||||||||||
Average paid streaming memberships during period | 53,743 | 55,096 | 56,198 | 57,601 | 55,660 | ||||||||||||||||||||||||||||||||||||||||||
Average monthly revenue per paying streaming membership | $9.84 | $9.83 | $9.93 | $10.28 | $9.97 | ||||||||||||||||||||||||||||||||||||||||||
% change as compared to prior-year period | 16 | % | 14 | % | 8 | % | 6 | % | 11 | % | |||||||||||||||||||||||||||||||||||||
Constant currency % change as compared to prior-year period* | 16 | % | 15 | % | 8 | % | 6 | % | 11 | % |
(1) Excludes DVD revenues of $450 million for the year ended December 31, 2017. Total US revenues for the year ended December 31, 2017 was $6.6 billion.
Europe, Middle East and Africa (EMEA) | |||||||||||||||||||||||||||||
Revenues | $ | 482,282 | $ | 533,098 | $ | 614,707 | $ | 732,726 | $ | 2,362,813 | |||||||||||||||||||
Paid net streaming membership additions | 1,868 | 1,453 | 1,983 | 2,869 | 8,173 | ||||||||||||||||||||||||
Paid streaming memberships at end of period | 19,699 | 21,152 | 23,135 | 26,004 | 26,004 | ||||||||||||||||||||||||
Average paid streaming memberships during period | 18,765 | 20,426 | 22,144 | 24,570 | 21,476 | ||||||||||||||||||||||||
Average monthly revenue per paying streaming membership | $8.57 | $8.70 | $9.25 | $9.94 | $9.17 | ||||||||||||||||||||||||
% change as compared to prior-year period | 3 | % | 1 | % | 6 | % | 15 | % | 7 | % | |||||||||||||||||||
Constant currency % change as compared to prior-year period* | 11 | % | 8 | % | 5 | % | 9 | % | 8 | % |
Latin America (LATAM) | |||||||||||||||||||||||||||||
Revenues | $ | 331,453 | $ | 381,459 | $ | 434,637 | $ | 495,067 | $ | 1,642,616 | |||||||||||||||||||
Paid net streaming membership additions | 1,217 | 1,588 | 1,254 | 1,450 | 5,509 | ||||||||||||||||||||||||
Paid streaming memberships at end of period | 15,425 | 17,013 | 18,267 | 19,717 | 19,717 | ||||||||||||||||||||||||
Average paid streaming memberships during period | 14,817 | 16,219 | 17,640 | 18,992 | 16,917 | ||||||||||||||||||||||||
Average monthly revenue per paying streaming membership | $7.46 | $7.84 | $8.21 | $8.69 | $8.09 | ||||||||||||||||||||||||
% change as compared to prior-year period | 21 | % | 20 | % | 14 | % | 17 | % | 17 | % | |||||||||||||||||||
Constant currency % change as compared to prior-year period* | 15 | % | 15 | % | 13 | % | 17 | % | 15 | % |
Asia-Pacific (APAC) | |||||||||||||||||||||||||||||
Revenues | $ | 116,339 | $ | 131,773 | $ | 150,993 | $ | 176,823 | $ | 575,928 | |||||||||||||||||||
Paid net streaming membership additions | 523 | 590 | 588 | 659 | 2,360 | ||||||||||||||||||||||||
Paid streaming memberships at end of period | 4,664 | 5,254 | 5,842 | 6,501 | 6,501 | ||||||||||||||||||||||||
Average paid streaming memberships during period | 4,403 | 4,959 | 5,548 | 6,172 | 5,271 | ||||||||||||||||||||||||
Average monthly revenue per paying streaming membership | $8.81 | $8.86 | $9.07 | $9.55 | $9.11 | ||||||||||||||||||||||||
% change as compared to prior-year period | 9 | % | 3 | % | 3 | % | 8 | % | 6 | % | |||||||||||||||||||
Constant currency % change as compared to prior-year period* | 6 | % | 2 | % | 2 | % | 7 | % | 4 | % |
1 |
As Of / Three Months Ended | As of / Year Ended | ||||||||||||||||||||||||||||||||||||||||||||||
March 31, 2018 | June 30, 2018 | September 30, 2018 | December 31, 2018 | December 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||
United States and Canada (UCAN) | |||||||||||||||||||||||||||||||||||||||||||||||
Revenues (2) | $ | 1,976,157 | $ | 2,049,546 | $ | 2,094,850 | $ | 2,160,979 | $ | 8,281,532 | |||||||||||||||||||||||||||||||||||||
Paid net streaming membership additions | 2,487 | 961 | 1,140 | 1,747 | 6,335 | ||||||||||||||||||||||||||||||||||||||||||
Paid streaming memberships at end of period | 60,909 | 61,870 | 63,010 | 64,757 | 64,757 | ||||||||||||||||||||||||||||||||||||||||||
Average paid streaming memberships during period | 59,666 | 61,390 | 62,440 | 63,884 | 61,845 | ||||||||||||||||||||||||||||||||||||||||||
Average monthly revenue per paying streaming membership | $11.04 | $11.13 | $11.18 | $11.28 | $11.16 | ||||||||||||||||||||||||||||||||||||||||||
% change as compared to prior-year period | 12 | % | 13 | % | 13 | % | 10 | % | 12 | % | |||||||||||||||||||||||||||||||||||||
Constant currency % change as compared to prior-year period* | 12 | % | 13 | % | 13 | % | 10 | % | 12 | % |
(2) Excludes DVD revenues of $366 million for the year ended December 31, 2018. Total US revenues for the year ended December 31, 2018 was $8.0 billion.
Europe, Middle East and Africa (EMEA) | |||||||||||||||||||||||||||||
Revenues | $ | 886,649 | $ | 975,497 | $ | 1,004,749 | $ | 1,096,812 | $ | 3,963,707 | |||||||||||||||||||
Paid net streaming membership additions | 3,335 | 1,978 | 2,519 | 3,982 | 11,814 | ||||||||||||||||||||||||
Paid streaming memberships at end of period | 29,339 | 31,317 | 33,836 | 37,818 | 37,818 | ||||||||||||||||||||||||
Average paid streaming memberships during period | 27,672 | 30,328 | 32,577 | 35,827 | 31,601 | ||||||||||||||||||||||||
Average monthly revenue per paying streaming membership | $10.68 | $10.72 | $10.28 | $10.20 | $10.45 | ||||||||||||||||||||||||
% change as compared to prior-year period | 25 | % | 23 | % | 11 | % | 3 | % | 14 | % | |||||||||||||||||||
Constant currency % change as compared to prior-year period* | 11 | % | 11 | % | 10 | % | 6 | % | 9 | % |
Latin America (LATAM) | |||||||||||||||||||||||||||||
Revenues | $ | 540,182 | $ | 568,071 | $ | 562,307 | $ | 567,137 | $ | 2,237,697 | |||||||||||||||||||
Paid net streaming membership additions | 1,543 | 1,535 | 1,320 | 1,962 | 6,360 | ||||||||||||||||||||||||
Paid streaming memberships at end of period | 21,260 | 22,795 | 24,115 | 26,077 | 26,077 | ||||||||||||||||||||||||
Average paid streaming memberships during period | 20,489 | 22,028 | 23,455 | 25,096 | 22,767 | ||||||||||||||||||||||||
Average monthly revenue per paying streaming membership | $8.79 | $8.60 | $7.99 | $7.53 | $8.19 | ||||||||||||||||||||||||
% change as compared to prior-year period | 18 | % | 10 | % | (3) | % | (13) | % | 1 | % | |||||||||||||||||||
Constant currency % change as compared to prior-year period* | 18 | % | 18 | % | 14 | % | 6 | % | 13 | % |
Asia-Pacific (APAC) | |||||||||||||||||||||||||||||
Revenues | $ | 199,117 | $ | 221,252 | $ | 248,691 | $ | 276,756 | $ | 945,816 | |||||||||||||||||||
Paid net streaming membership additions | 893 | 978 | 1,089 | 1,146 | 4,106 | ||||||||||||||||||||||||
Paid streaming memberships at end of period | 7,394 | 8,372 | 9,461 | 10,607 | 10,607 | ||||||||||||||||||||||||
Average paid streaming memberships during period | 6,948 | 7,883 | 8,917 | 10,034 | 8,446 | ||||||||||||||||||||||||
Average monthly revenue per paying streaming membership | $9.55 | $9.36 | $9.30 | $9.19 | $9.33 | ||||||||||||||||||||||||
% change as compared to prior-year period | 8 | % | 6 | % | 3 | % | (4) | % | 2 | % | |||||||||||||||||||
Constant currency % change as compared to prior-year period* | 4 | % | 3 | % | 5 | % | 2 | % | 3 | % |
2 |
As Of / Three Months Ended | As of / Nine Months Ended | ||||||||||||||||||||||||||||||||||
March 31, 2019 | June 30, 2019 | September 30, 2019 | September 30, 2019 | ||||||||||||||||||||||||||||||||
United States and Canada (UCAN) | |||||||||||||||||||||||||||||||||||
Revenues (3) | $ | 2,256,851 | $ | 2,501,199 | $ | 2,621,250 | $ | 7,379,300 | |||||||||||||||||||||||||||
Paid net streaming membership additions (losses) | 1,876 | (132) | 613 | 2,357 | |||||||||||||||||||||||||||||||
Paid streaming memberships at end of period | 66,633 | 66,501 | 67,114 | 67,114 | |||||||||||||||||||||||||||||||
Average paid streaming memberships during period | 65,695 | 66,567 | 66,808 | 66,357 | |||||||||||||||||||||||||||||||
Average monthly revenue per paying streaming membership | $11.45 | $12.52 | $13.08 | $12.36 | |||||||||||||||||||||||||||||||
% change as compared to prior-year period | 4 | % | 12 | % | 17 | % | 11 | % | |||||||||||||||||||||||||||
Constant currency % change as compared to prior-year period* | 4 | % | 13 | % | 17 | % | 11 | % |
(3) Excludes DVD revenues of $229 million for the nine months ended September 30, 2019. Total US revenues for the nine months ended September 30, 2019 was $7.0 billion.
Europe, Middle East and Africa (EMEA) | |||||||||||||||||||||||
Revenues | $ | 1,233,379 | $ | 1,319,087 | $ | 1,428,040 | $ | 3,980,506 | |||||||||||||||
Paid net streaming membership additions | 4,724 | 1,687 | 3,126 | 9,537 | |||||||||||||||||||
Paid streaming memberships at end of period | 42,542 | 44,229 | 47,355 | 47,355 | |||||||||||||||||||
Average paid streaming memberships during period | 40,180 | 43,386 | 45,792 | 43,119 | |||||||||||||||||||
Average monthly revenue per paying streaming membership | $10.23 | $10.13 | $10.40 | $10.26 | |||||||||||||||||||
% change as compared to prior-year period | (4) | % | (6) | % | 1 | % | (3) | % | |||||||||||||||
Constant currency % change as compared to prior-year period* | 2 | % | 3 | % | 6 | % | 3 | % |
Latin America (LATAM) | |||||||||||||||||||||||
Revenues | $ | 630,472 | $ | 677,136 | $ | 741,434 | $ | 2,049,042 | |||||||||||||||
Paid net streaming membership additions | 1,470 | 343 | 1,490 | 3,303 | |||||||||||||||||||
Paid streaming memberships at end of period | 27,547 | 27,890 | 29,380 | 29,380 | |||||||||||||||||||
Average paid streaming memberships during period | 26,812 | 27,719 | 28,635 | 27,722 | |||||||||||||||||||
Average monthly revenue per paying streaming membership | $7.84 | $8.14 | $8.63 | $8.21 | |||||||||||||||||||
% change as compared to prior-year period | (11) | % | (5) | % | 8 | % | (3) | % | |||||||||||||||
Constant currency % change as compared to prior-year period* | 7 | % | 12 | % | 17 | % | 12 | % |
Asia-Pacific (APAC) | |||||||||||||||||||||||
Revenues | $ | 319,602 | $ | 349,494 | $ | 382,304 | $ | 1,051,400 | |||||||||||||||
Paid net streaming membership additions | 1,534 | 801 | 1,543 | 3,878 | |||||||||||||||||||
Paid streaming memberships at end of period | 12,141 | 12,942 | 14,485 | 14,485 | |||||||||||||||||||
Average paid streaming memberships during period | 11,374 | 12,542 | 13,714 | 12,543 | |||||||||||||||||||
Average monthly revenue per paying streaming membership | $9.37 | $9.29 | $9.29 | $9.31 | |||||||||||||||||||
% change as compared to prior-year period | (2) | % | (1) | % | — | % | (1) | % | |||||||||||||||
Constant currency % change as compared to prior-year period* | 3 | % | 5 | % | 3 | % | 4 | % |
*The Company believes that constant currency information is useful in analyzing the underlying trends in average monthly revenue per paying membership. In order to exclude the effect of foreign currency rate fluctuations on average monthly revenue per paying membership, the Company estimates current period revenue assuming foreign exchange rates had remained constant with foreign exchange rates from the prior-year period.
3 |