Netflix reported a significant earnings beat in its first quarter of 2025, with revenue growing 13% year over year. The company’s revenue reached $10.54 billion, exceeding Wall Street’s estimates of $10.52 billion.
The streaming giant attributed the better-than-expected revenue to higher-than-forecast subscription and advertising dollars. In January, Netflix increased its pricing across the board, with the standard plan rising to $17.99 a month.
This quarter marks the first time Netflix has not disclosed quarterly subscriber data, as it shifts its focus from user growth to revenue metrics. Despite concerns about tariffs and consumer spending confidence, co-CEO Greg Peters stated that there’s no significant impact on the business.
The company remains confident in its full-year revenue forecast of $43.5 billion to $44.5 billion. Netflix shares gained 2% in extended trading Thursday.
Source: https://www.cnbc.com/2025/04/17/netflix-nflx-earnings-q1-2025.html