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Netflix Co-CEOs' 2025 Pay Cut Amid Strong Revenue

4/17/2026

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Story summary
  • Netflix disclosed 2025 compensation for co-CEOs Ted Sarandos and Greg Peters at $53.9 million and $53.2 million, down from 2024, with better-than-expected fourth-quarter revenue.
  • Sarandos's package includes a $3 million base salary, $41.4 million in stock awards, and a $7 million cash award.
  • Reed Hastings earned $1.2 million and will not seek re-election in June, and Netflix Chief Financial Officer Spencer Neumann earned $20.8 million, down from the prior year.