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8h ago

Netflix Sets 10-for-1 Stock Split With Mid-November Effective Date

The company says the lower per-share price is meant to improve access for employees in its stock-option program.

(FILES) In this photo illustration a computer screen displays the Netflix logo on March 31, 2020 in Arlington, Virginia. Netflix reported stronger than expected second-quarter results on July 17, 2025, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business. Revenue climbed 16 percent to $11.1 billion in the quarter ended June 30, beating analyst estimates and the company's own guidance, while net profit surged to $3.1 billion. (Photo by Olivier DOULIERY / AFP)

Overview

  • Shareholders of record on November 10 will receive nine additional shares per share, with the new shares delivered after the November 14 close and split-adjusted trading starting November 17.
  • The split increases the share count but does not change market value or each holder's percentage ownership.
  • Netflix shares rose in after-hours trading following the announcement.
  • The move follows a multiyear rally that pushed the stock above $1,000 and marks Netflix's third split after similar actions in 2004 and 2015.
  • Through the first nine months of 2025, net income reached $8.562 billion, up about 25% year over year, with Q3 revenue of $11.51 billion and adjusted EPS of $5.87 below the $6.97 consensus.