Netflix's Revenue Nearly Reaches US$30 Billion in 2021

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Cindy Mutia Annur 14/04/2022 14:30 WIB

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Netflix Inc. earned nearly US$30 billion, or approximately Rp 430 trillion (at an exchange rate of Rp 14,349/US$), in 2021.

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Netflix's Revenue Nearly Reaches US$30 Billion in 2021

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Netflix's Annual Revenue (2011-2021)

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Netflix Inc. earned US$29.69 billion, or approximately Rp430 trillion (at an exchange rate of Rp14,349/US$), in revenue in 2021. This represents a 19% year-on-year (YoY) increase from US$24.99 billion in the same period the previous year.

The company's operating income rose by 35.15% (YoY) to US$6.19 billion. Netflix's net income reached US$5.11 billion.

Netflix recorded approximately 221 million subscribers worldwide by the end of 2021. The largest subscriber base was in the United States, with 75.21 million subscribers.

Europe, the Middle East, and Africa followed with 74.03 million subscribers. Latin America and Asia Pacific had 39.96 million and 32.63 million subscribers, respectively.

Over the past decade, Netflix's revenue has shown a dramatic upward trend. The surge in revenue is primarily attributed to the COVID-19 pandemic, which led many people to spend more time at home accessing streaming services like Netflix.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."