10 Most Profitable Stocks of the Last 10 Years

4. Netflix (NASDAQ:NFLX)  

10-Year Net Income CAGR: 42.58%  

TTM Net Income: $7.09 Billion  

Number of Hedge Fund Investors: 103  

Netflix (NASDAQ:NFLX) is the world’s leading streaming entertainment service, offering TV shows, documentaries, and movies across a wide range of genres and languages. With over 278 million paid memberships in over 190 countries, Netflix (NASDAQ:NFLX) has revolutionized the way people consume media. The company continues to expand its content library, producing original series and films.

Netflix (NASDAQ:NFLX) performance has been impressive, with a $9.56 billion revenue in Q2, a 16.8% year-over-year increase. The company’s operating profit margin also increased to 27.2%. Netflix’s (NASDAQ:NFLX) focus on international markets and investments in local content have helped the company maintain its subscriber growth and competitive edge.

The company’s global expansion story is also worth noting, particularly in Latin America, where Netflix (NASDAQ:NFLX) generated a revenue of $1.2 billion in Q2. With high regional GDP growth rates, analysts expect Latin America’s top-line growth to sustain into 2025 and beyond. The company’s Europe, Middle East, and Africa (EMEA) also adds additional potential, with regional fx-adjusted growth expected to accelerate once Netflix (NASDAQ:NFLX) optimizes its content through comprehensive data aggregation and downstream enhancements.

Furthermore, Netflix’s (NASDAQ:NFLX) advertising business is expected to drive broad-based revenue growth. The company’s tier-based approach avoids bombarding subscribers with unaligned advertising, and its substantial cash position provides a noteworthy product development budget. The company’s robust brand name also provides access to large-scale business-to-business partnership programs, such as its direct accessibility on various hardware devices, allowing for additional exposure and user uptake.

Netflix’s (NASDAQ:NFLX) popularity among teenagers is also a positive sign, with the company remaining the top streaming choice for this demographic. Netflix’s (NASDAQ:NFLX) earnings are expected to increase by 45.57% this year.