A Look at Netflix’s International Subscriber Growth

On the international front, Netflix (NFLX) added ~5.5 million streaming members in 1Q18. The company’s international streaming membership additions exceeded the analyst’s estimate of ~4.8 million members and the company’s January forecast of 4.9 million members. Globally, the streaming giant added ~7.4 million subscribers in the first quarter, reaching a total subscriber base of 125.0 million. In an earnings letter to shareholders, Netflix stated that its international segment contributes 50.0% of its total revenues and 55.0% of its memberships in 1Q18.