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Netflix Ended The First Quarter Of 2023 With 232.5 Million Subscribers

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Netflix managed to add another 1.75 million subscribers during the first quarter of the year, bringing the overall number of global subscribers up to 232.5 million.

Netflix is one of those services that has had a turbulent time of late. After what was a boom during the early days of the pandemic, it suddenly found itself worried about subscriber losses. By the end of 2022, however, Netflix had started to bounce back again with almost 231 million global subscribers.

In its latest quarterly results, Netflix confirmed that it had 232.5 million global subscribers at the end of the first quarter of 2023 (PDF). This is not only an increase of 1.75 million on the previous quarter, but also an increase of around 11 million when compared to the 221.6 million reported for the first quarter of 2022.

In terms of the US and Canada combined market, Netflix ended the first quarter of the year with 74.39 million subscribers. This is up slightly from the 74.3 million at the end of the fourth quarter of 2022, but down from the 74.58 million reported at the first quarter of 2022 – when Netflix also officially confirmed that an ad-supported subscription tier was coming.

In terms of content, Netflix said some of its successful returning seasons included Outer Banks, You, and Ginny & Georgia. Popular new shows included The Night Agent, now Netflix’s sixth most popular English language TV show ever, and The Glory, now Netflix’s fifth most popular non-English TV show ever.

On the movie side of things, Netflix said it saw good results with You People, Luther: The Fallen Sun, and of course, Murder Mystery 2.

John Finn

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