Netflix has disclosed operating results for its international business by region for the first time, showing solid growth particularly in Europe and Asia-Pacific.
The streamer reported the historical figures in an 8-K filing Monday with the SEC. Starting with the fourth quarter 2019, Netflix will report financial results by international region.
In the Asia-Pacific region, revenue over the past two years grew 153%, to $382 million at the end of the third quarter of 2019. Streaming subscribers grew 148% over that time period, to 14.49 million paying customers in Q3 2019.
For the European region, which includes the Middle East and Africa, subscription revenue increased 105% over the last two years to $1.43 million for the third quarter of 2019. Subscribers in EMEA stood at 47.4 million as of the end of Q3, up 105% versus two years prior.
In Latin America, streaming revenue increased 71% from the end of the third quarter of 2017 to $741 million the end of the third quarter of 2019. Membership in the period grew 61% over that timeframe to 29.4 million.
The U.S. and Canada, where Netflix has offered streaming the longest out of any region the world, remain its biggest markets. It had $2.62 billion in revenue for U.S./Canada in Q3 2019, an increase of 57% from the same period two years prior. Netflix had 67.1 million subs in the U.S. and Canada as of the end of September, up 18% over two years.
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Netflix reported 60.62 million U.S. paid streaming members as of the end of Q3, meaning it had about 6.5 million in Canada at the end of the period.
Previously, Netflix has reported streaming results for the U.S. and lumped international results into one segment.
Netflix also revealed average monthly revenue for paid streaming subscribers — with the U.S. and Canada highest at $13.08 for Q3, followed by EMEA at $10.40, Asia-Pacific at $9.29 and LatAm at $8.63.
