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Netflix Approves 10-for-1 Stock Split, Sets November Dates for Record and Trading

The move targets a lower per-share price to broaden investor access.

Overview

  • Shareholders of record on November 10 will receive nine additional shares per share, with distribution on November 14 and split-adjusted trading beginning November 17.
  • The split does not change Netflix’s market value or investor ownership proportions, as it increases the share count and lowers the per‑share price.
  • Netflix shares rose about 2% in after-hours trading following the announcement, and the stock is up roughly 42% in 2025, according to market reports.
  • In Q3, revenue grew 17% year over year, diluted EPS was $5.87 and missed estimates, and operating margin was 28% due largely to a roughly $619 million one-time Brazil tax expense.
  • Management maintained strong top-line guidance, projecting Q4 revenue growth of about 17% and full-year revenue of roughly $45.1 billion, with full-year operating margin trimmed to around 29%.