Netflix releases 4Q 2020 results

Netflix Releases Fourth-Quarter 2020 Financial Results

LOS GATOS, Calif. — Netflix, Inc. (NASDAQ: NFLX) has released its fourth-quarter 2020 financial results by posting them to its website. Please visit the Netflix investor relations website to view the Q4’20 financial results and letter to shareholders.

“With 8.5m paid net additions in Q4, we crossed the 200m paid memberships mark. For the full year, we added a record 37m paid memberships, achieved $25 billion in annual revenue (+24% year over year) and grew operating profit 76% to $4.6 billion.”

A video interview with Netflix co-CEO Reed Hastings, co-CEO & Chief Content Officer Ted Sarandos, Chief Financial Officer Spence Neumann, COO & Chief Product Officer Greg Peters and VP, IR & Corporate Development Spencer Wang will be available at 3:00 p.m. Pacific Time. The interview will be conducted by Kannan Venkateshwar, Barclays Capital.