EX-99.1 2 a2019regionalreporting.htm EXHIBIT 99.1 Document

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 EndedAs 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 additions1,665  1,042  1,162  1,643  5,512  
Paid streaming memberships at end of period54,575  55,617  56,779  58,422  58,422  
Average paid streaming memberships during period53,743  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 period16 %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 additions1,868  1,453  1,983  2,869  8,173  
Paid streaming memberships at end of period19,699  21,152  23,135  26,004  26,004  
Average paid streaming memberships during period18,765  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 period3 %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 additions1,217  1,588  1,254  1,450  5,509  
Paid streaming memberships at end of period15,425  17,013  18,267  19,717  19,717  
Average paid streaming memberships during period14,817  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 period21 %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 additions523  590  588  659  2,360  
Paid streaming memberships at end of period4,664  5,254  5,842  6,501  6,501  
Average paid streaming memberships during period4,403  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 period9 %3 %3 %8 %6 %
Constant currency % change as compared to prior-year period*6 %2 %2 %7 %4 %

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As Of / Three Months EndedAs 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 additions2,487  961  1,140  1,747  6,335  
Paid streaming memberships at end of period60,909  61,870  63,010  64,757  64,757  
Average paid streaming memberships during period59,666  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 period12 %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 additions3,335  1,978  2,519  3,982  11,814  
Paid streaming memberships at end of period29,339  31,317  33,836  37,818  37,818  
Average paid streaming memberships during period27,672  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 period25 %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 additions1,543  1,535  1,320  1,962  6,360  
Paid streaming memberships at end of period21,260  22,795  24,115  26,077  26,077  
Average paid streaming memberships during period20,489  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 period18 %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 additions893  978  1,089  1,146  4,106  
Paid streaming memberships at end of period7,394  8,372  9,461  10,607  10,607  
Average paid streaming memberships during period6,948  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 period8 %6 %3 %(4)%2 %
Constant currency % change as compared to prior-year period*4 %3 %5 %2 %3 %


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As Of / Three Months EndedAs 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 period66,633  66,501  67,114  67,114  
Average paid streaming memberships during period65,695  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 period4 %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 additions4,724  1,687  3,126  9,537  
Paid streaming memberships at end of period42,542  44,229  47,355  47,355  
Average paid streaming memberships during period40,180  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 additions1,470  343  1,490  3,303  
Paid streaming memberships at end of period27,547  27,890  29,380  29,380  
Average paid streaming memberships during period26,812  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 additions1,534  801  1,543  3,878  
Paid streaming memberships at end of period12,141  12,942  14,485  14,485  
Average paid streaming memberships during period11,374  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.







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