Overview

• The company reported $11.08 billion in second-quarter revenue and diluted EPS of $7.19, both slightly above Wall Street forecasts.
• Its ad-supported tier surpassed 94 million monthly active users and accounted for a significant portion of subscriber growth.
• The final season of Squid Game attracted 122 million views in the quarter, highlighting the power of flagship content to drive engagement.
• Netflix raised its full-year 2025 revenue guidance to $44.8 billion–$45.2 billion and forecast third-quarter revenue of $11.5 billion with nearly $3 billion in net income.
• The streamer has stopped disclosing quarterly subscriber counts to shift investor focus toward revenue, margins and engagement metrics.