Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Streaming Revenue, Paid Net Membership Additions, and Ending Paid Memberships by Region

The following tables summarize streaming revenues, paid net membership additions, and ending paid memberships by region for the three and six months ended June 30, 2024 and June 30, 2023, respectively. Hedging gains and losses are included in “Streaming revenues” for the three and six months ended June 30, 2024. No hedge gains and losses were recognized as “Streaming revenues” in the comparative prior year periods. See Note 7 Derivative Financial Instruments and Hedging Activities for further information.

United States and Canada (UCAN)

	As of/Three Months Ended				As of/Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
	(in thousands)
Streaming revenues	$	4,295,560	$	3,599,448	$	8,519,875	$	7,208,093
Paid net membership additions	1,451		1,173		3,981		1,275
Paid memberships at end of period (1)	84,109		75,571		84,109		75,571

Europe, Middle East, and Africa (EMEA)

	As of/Three Months Ended				As of/Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
	(in thousands)
Streaming revenues	$	3,007,772	$	2,562,170	$	5,965,965	$	5,079,811
Paid net membership additions	2,235		2,434		5,151		3,078
Paid memberships at end of period (1)	93,964		79,807		93,964		79,807

Latin America (LATAM)

	As of/Three Months Ended				As of/Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
	(in thousands)
Streaming revenues	$	1,204,145	$	1,077,435	$	2,369,153	$	2,147,627
Paid net membership additions	1,530		1,217		3,253		767
Paid memberships at end of period (1)	49,250		42,466		49,250		42,466

Asia-Pacific (APAC)

	As of/Three Months Ended				As of/Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
	(in thousands)
Streaming revenues	$	1,051,833	$	919,273	$	2,074,757	$	1,852,796
Paid net membership additions	2,829		1,068		4,986		2,523
Paid memberships at end of period (1)	50,324		40,546		50,324		40,546

(1) A paid membership (also referred to as a paid subscription) is defined as a membership that has the right to receive Netflix service following sign-up and a method of payment being provided, and that is not part of a free trial or certain other promotions that may be offered by the Company to new or rejoining members. Certain members have the option to add extra member sub accounts. These extra member sub accounts are not included in paid memberships. A membership is canceled and ceases to be reflected in the above metrics as of the effective cancellation date. Voluntary cancellations generally become effective at the end of the prepaid membership period. Involuntary cancellations, as a result of a failed method of payment, become effective immediately. Memberships are assigned to territories based on the geographic location used at time of sign-up as determined by the Company’s internal systems, which utilize industry standard geo-location technology.