Netflix's ad-supported tier now reaches over 250 million global monthly active viewers, a figure the company presented at its fourth Upfront presentation. While advertising revenue grew more than 2.5 times to over $1.5 billion in 2025, representing about 3.3% of total revenue, membership fees continue to be the primary revenue driver. Netflix plans to expand its ad plan to 15 additional countries and introduce new ad inventory across podcasts and vertical video in 2027.
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Add as preferred sourceNetflix is showing that ad-supported reach can scale quickly without replacing subscription revenue. The company’s own filings still say monthly membership fees are the primary revenue driver, while ad revenue remained a small share of 2025 sales even after growing more than 2.5x. For the broader streaming market, the signal is that ads are being added as another monetization layer, not a substitute for recurring fees. Watch Netflix’s 2026 ad revenue figure and whether the 15-country expansion and 2027 podcast and vertical-video inventory show up in reported ad growth.
