Ted Sarandos, CEO of Netflix (NFLX), earned $12.0M in total compensation in 2025. Netflix receives a Pay-for-Performance grade of A (83/100), with a CEO-to-worker pay ratio of 120:1 and a say-on-pay shareholder approval of 89.7%. The company's 3-year total shareholder return is +29.1%.
How Netflix CEO Pay Compares
Ted Sarandos's $12.0M total compensation is 0% below the Streaming industry median of $12.0M. The 120:1 CEO-to-worker pay ratio is 0% lower than the industry average of 120:1.
Ted Sarandos, CEO of Netflix (NFLX), received $12.0M in total reported compensation. The package mix typical at this scale: a small base salary, a larger stock-award component, and performance-tied incentives that vest over multiple years based on relative TSR or earnings benchmarks.
The CEO-to-median-worker pay ratio runs 120x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been positive over the three-year window: TSR of 29.1% alongside 15.8% revenue growth. Compensation packages tied to relative TSR or absolute return benchmarks would have vested at or near target levels with this performance profile.
Shareholders supported the compensation package at 90% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Netflix operates in Streaming with 13,000 employees and $39.0B in annual revenue, and currently carries a market capitalization of $400.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Netflix (NFLX).
Compensation Breakdown
Ted Sarandos's $12.0M total compensation package for fiscal year 2025 includes $1.2M in base salary, $6.0M in stock awards, $1.4M in option awards, and $1.8M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2024 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2023 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2022 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Ted Sarandos, CEO of Netflix (NFLX), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Ted Sarandos, CEO of Netflix (NFLX), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Netflix has a Pay-for-Performance Score of A (83/100). The company's 3-year total shareholder return is +29.1%, and the say-on-pay shareholder vote passed with 89.7% approval.
The CEO-to-median-worker pay ratio at Netflix is 120:1. The median worker at Netflix earns $100K per year, while CEO Ted Sarandos earns $12.0M in total compensation.
Netflix employs approximately 13,000 people. The company operates in the Streaming industry within the Communication Services sector, generating $39.0B in annual revenue.