Netflix continues to reshape the way audiences consume video content. By allowing viewers to watch what they want, whenever they want, the streaming giant has fueled its subscriber growth and expanded its market reach. By the end of 2024, Netflix reached 302 million subscribers, demonstrating remarkable growth. Moreover, the company’s revenue has climbed alongside its subscriber base, thanks to its ad-supported subscription tier and ventures into live events.
Netflix has also established a strong brand identity. People use the company’s name in everyday language, reflecting its cultural impact. Its scale allows heavy investment in content while maintaining profitability. In 2025, analysts expect operating margins around 30%, with free cash flow projected between $8 billion and $8.5 billion.
Global Expansion Opportunities
Netflix has already captured significant market share in the U.S. and Canada. However, it still holds vast growth potential in regions such as Latin America, Africa, and Asia. By entering these markets, Netflix can dramatically increase both subscribers and revenue. Consequently, this expansion could support the company’s climb toward a $1 trillion market cap.
Market Cap and Future Potential
As of September 4, 2025, Netflix’s market capitalization stands at $534 billion. To reach $1 trillion by 2035, it must maintain approximately 7% annualized growth. This target seems achievable given Netflix’s historical performance, including a 1,140% surge in market value over the past decade.
Market Cap and Future Potential
As of September 4, 2025, Netflix’s market cap sits at $534 billion. To reach $1 trillion by 2035, the company would need to maintain an approximate 7% annualized growth rate—a feasible goal considering its market dominance and historical performance. Over the past decade, Netflix’s market cap has surged 1,140%, demonstrating its ability to scale rapidly.
Valuation Considerations
Despite the optimistic outlook, investors should note that Netflix’s stock currently trades at a high price-to-earnings ratio of 53.6, reflecting significant market enthusiasm. While this valuation may limit short-term upside, the long-term potential remains compelling for investors betting on continued growth and global expansion.
Netflix’s story isn’t finished, and its combination of subscriber growth, profitable revenue streams, and international reach could very well position it among the world’s elite $1 trillion companies by 2035.
