Netflix's Global Subscriber Count Nears 260 Million in Q1 2024

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Nabilah Muhamad 23/04/2024 17:24 WIB

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Netflix reported 269.60 million global subscribers in Q1 2024, the highest in over a decade.

Global Netflix Subscriber Count (Q1 2013 - Q1 2024)

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Global Netflix Subscriber Count (Q1 2013 - Q1 2024)

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Netflix, the streaming video service, continues to show subscriber growth. According to the latest data, the number of Netflix subscribers reached 269.60 million globally in Q1 2024.

This figure represents a 16% increase year-on-year (YoY) compared to the 232.5 million subscribers in the same period last year.

By region, the highest number of Netflix subscribers in the first four months of 2024 came from Europe, the Middle East, and Africa, totaling 91.73 million subscribers.

The next largest subscriber base was in the United States and Canada, with 82.66 million subscribers.

This was followed by Latin America with 47.72 million subscribers and the Asia-Pacific region with 47.50 million subscribers as of Q1 2024.

Overall, the number of global Netflix subscribers has shown an upward trend for over a decade. However, the number of subscribers to this video-on-demand service has also experienced periods of decline, as shown in the accompanying graph.

Due to this positive achievement, Netflix's revenue grew by 15% (YoY) to US$9.37 billion in Q1 2024. It is projected to increase by approximately 16% in the following quarter.

Editor : Erlina Fury Santika

"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."

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Netflix's Global Subscriber Count Nears 260 Million in Q1 2024

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