In my tests, it reported slower speeds than Oookla's Speedtest. The website keeps things simple by only showing the download speed. That means the results are specific to Netflix's own network, which makes sense for the company but also means it looks at speeds from a particular perspective. Hence, the test is designed to test the connection between a person's device and Netflix's CDN servers. That CDN is built around the principle of moving content closer to users and is how it delivers a fast streaming experience. Netflix has a vast CDN called Netflix Open Connect, which relies on Open Connect appliances installed within ISPs that peer with Netflix. Plus, the tests are international, using servers where Netflix has installed appliances for its giant content delivery network (CDN). That means there are none of the lingering questions about potential bias from speed tests run by ISPs. Like other entries on this list, Netflix's broadband speed is run by a company that has an interest in its customers having a fast enough connection to stream its content.
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