Netflix revolutionized home cinematic viewing, first with its DVD subscription service, then with the rollout of its online streaming service. With hundreds of millions of subscribers globally, Netflix is one of the dominant streaming providers in the world, and its stock price has reflected its spectacular growth over the past two decades.

As the company grew in popularity and its share price increased, it conducted stock splits to signal its confidence in its continued growth and keep its per-share price low enough to be accessible to individual investors

Here’s a closer look at Netflix’s stock splits since it went public in 2002.

Netflix stock split quick facts

• Number of stock splits: 3
• Most recent stock split: November 17, 2025
• First stock split: February 12, 204

When did Netflix conduct its first stock split?

Netflix implemented its first stock split less than two years after it underwent its IPO. Two shares were issued for every one held, as of the record date of February 2, 2004, and the post-split trading date was February 12, 2004.

Related: Intel’s stock split history (& prospects) explained

When was Netflix’s latest stock split? 

Netflix’s latest stock split was on November 17, 2025, affecting stockholders of record on November 10, 2025. Stockholders were given 10 shares for each one owned. 

How many times has Netflix split its stock?

Netflix has conducted a total of three stock splits: February 2004, July 2015, and November 2025. In 2015, it implemented a 7-for-1 stock split. 

Netflix’s stock split history at a glance

Is Netflix going to split its stock again? 

Netflix last held its stock split in 2025. Given the time between stock splits, which averaged about 10 years, it’s not likely — as of mid-2026 — the streaming company will split its shares anytime soon.

More on stock splits:

• Does Sandisk pay dividends? Will it split its stock?
• Has Meta conducted stock split? What sets this ‘Mag 7’ stock apart
• Boeing’s dividend & stock split history explained

What would Netflix’s stock price be in 2026 if it hadn’t conducted any stock splits?

Netflix’s share price, had the stock not been split three times, can be calculated by multiplying the current stock price by the cumulative stock split ratio, in this case, 140: 

Current Netflix stock price x (10 × 7 × 2) = Netflix stock price had the stock never been split

Current Netflix stock price x (140) = Netflix stock price had the stock never been split

Had Netflix not conducted stock splits, the share price would be $9,613.80 as of late July. That’s based on Netflix’s closing price of $68.67 on July 21, 2026.

How has Netflix’s stock performed?

Netflix went public in 2002, with shares priced at $15 during its IPO. Since then, the stock has had a 640-fold gain through mid-July 2026. That compares to an almost sixfold increase for the S&P 500 Index in the same timeframe. In other words, Netflix has outperformed the market massively since its debut in the early oughts.

Still, Netflix’s stock was down 25% year-to-date as of this article’s latest update and was down by almost half from its record high set in June 2025, amid concerns about slowing subscriber growth.

Netflix’s stock price performace since IPO using Gloogle Finance data via Google Sheets

Related: AMD’s stock split history (& prospects) explained