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Netflix revenue by geography

  • UCAN: United States and Canada
  • EMEA: Europe, Middle East & Africa
  • LATAM: Latin America
  • APAC: Asia Pacific

The chart above displays the net revenue of Netflix Inc from each major geographical region from 2018 to 2022. In 2022, the company experienced significant revenue growth in the United States and Canada region despite the slight decline in its subscriber base there. In the UCAN region, its revenue increased by $1.1 billion in 2022 compared to the prior fiscal. By the end of the first quarter of 2023, the total subscriber base of Netflix was 232.5 million large.

Netflix Revenue by Geographical segment 2018-2022.

The table below displays Netflix revenue from its geographical segments from 2018 to 2022 in millions of US dollars.

YearUCANEMEALATAMAPAC
2022$14,084.6$9,745$4,070$3,570
2021$12,972$9,699.8$3,577$3,266.6
2020$11,455.4$7,772$3,156.7$2,372.3
2019$10,051$5,543$2,795$1,469.5
2018$8,281.5$3,963.7$2237.7$945.8

Netflix has divided its operations into five leading geographical segments that include UCAN, EMEA, LATAM and APAC. UCAN is the largest segment based on net sales followed by EMEA. In 2022, Netflix generated $14,084.6 million from the UCAN region (United States and Canada), and $9,745 million from the EMEA . In 2022, the company experienced revenue growth across all the geographical regions and particularly the UCAN region where its revenue grew by more than $1 billion compared to the prior fiscal.

About Netflix:
Netflix is the leading online streaming provider, serving content online globally. It offers a wide array of movies and shows in various genres as well as documentaries on a wide range of topics. Netflix serves a global audience of more than 230 million as of 2022. The company generates substantially all of its net revenues from online streaming. As of 2022, it employed 12,800 people worldwide. The company has experienced impressive revenue and subscriber base growth in 2022 compared to the prior fiscal. Founded in 1997, Netflix started offering online streaming services starting 2007. Its largest geographical segment (based on net sales) is the United States and Canada.