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.
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.
How does Netflix make money?
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.
How much does Netflix earn per month?
During the fiscal years ended December 31, 2016, 2015 and 2014, Netflix averaged $15.6 million, $10.2 million and $22.2 million, respectively, in net earnings per month. Over that three-year period, that comes out to about $16.0 million per month, on average.
How much money does Netflix make from Stranger things?
Netflix spent $6 million per episode for the show’s first season, and that expense jumped to $8 million per episode in the second season. The financial figures for season three haven’t been released, but given the show’s increasing popularity, it’s likely that the per-episode budget has gone up even further.