261 - Netflix

Jonathan Prime/Netflix

The video streaming service leaped 53 spots to No. 261 on this year’s Fortune 500 as revenue ballooned 32.4%, profits soared, and its market cap topped $100 billion for the first time. In its 21st year in business, Netflix had its best-ever quarter in terms of new subscribers when it added 8.33 million in Q4 for a total of 24 million new memberships for the year. That growth is being driven, in part, by hit original series like The Crown, Black Mirror, and Stranger Thing, which have cemented Netflix’s dominance in the video content space.

Key Metrics & Financials (Last Fiscal Year)

Previous Rank314
Revenues ($M)$11693
Revenue Percent Change32.4%
Profits ($M)$558.9
Profits Percent Change199.4%
Assets ($M)$19013
Market Value — as of March 29, 2018 ($M)$128167

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Company Facts

IndustryInternet Services and Retailing
HQ LocationLos Gatos, Calif.
CEOReed Hastings
CEO Title-
Years on Fortune 500 List4

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