Netflix Earnings Reports

Netflix saw a 17% YoY revenue increase in Q3 2025, hitting record viewership share in major markets and achieving its best ad sales quarter to date, despite an operating margin impact from a Brazilian tax dispute.

Netflix delivered a strong Q2 2025, exceeding revenue and operating income guidance, driven by healthy subscriber growth, increased ad revenue, and positive foreign exchange effects.

Netflix reported a solid Q1 2025 with 13% revenue growth and a 27% increase in operating income year-over-year, driven by robust subscription gains, content success, and the launch of its ad tech platform in the US.

Netflix's Q4 2024 saw a 16% increase in revenue year-over-year, driven by a record 19 million paid net additions. Operating income rose by 52% year-over-year. The company forecasts continued growth into 2025, with revenue expected to reach $43.5-$44.5 billion and an operating margin of 29%.

Netflix's Q3 2024 saw a 15% year-over-year revenue increase, reaching $9.825 billion, and an operating margin of 30%, up from 22% in the previous year. The company reported EPS of $5.40, a 45% increase year-over-year, and global streaming paid memberships reached 282.72 million, a 14.4% increase year-over-year.

Netflix had a strong Q2 with 17% revenue growth and an operating margin of 27%. The company is scaling its ads business and investing in its entertainment offering. Full year 2024 reported revenue growth is now expected to be 14% to 15%, and an operating margin of 26%.

Netflix had a strong start to 2024, with revenue up 15%, operating income up 54%, and operating margin rising to 28%. The company forecasts continued revenue growth and an increased operating margin for FY24.

Netflix ended the year with strong growth, achieving key financial objectives set at the start of 2023. Revenue grew by 12%, the operating margin reached 21%, and free cash flow increased to $6.9 billion.

Netflix reported Q3 2023 revenue of $8.5 billion, with 9 million paid net additions and an operating margin of 22.4%. The company increased its FY23 free cash flow forecast to approximately $6.5 billion and repurchased $2.5 billion in shares. Adoption of the ads plan continues to grow, with membership up almost 70% quarter-over-quarter.

Netflix reported Q2 2023 revenue of $8.2 billion and operating profit of $1.8 billion, aligning with forecasts. Paid net additions reached 5.9 million. The company is targeting a full-year 2023 operating margin of 18% to 20%.

Netflix's Q1 2023 saw revenue and operating profit align with forecasts. The company delivered a strong content slate and achieved investment grade status. Paid sharing was launched in four countries with promising results, and the ads experience is being upgraded to attract more consumers.

Netflix exceeded its Q4 2022 forecast for revenue, operating profit, and membership growth, driven by a strong content slate and the successful launch of its ad-supported plan. The company reported $7.852 billion in revenue, $550 million in operating income, and 230.75 million paid memberships. Looking ahead, Netflix is focused on reaccelerating revenue growth through paid sharing and advertising initiatives.

Netflix's Q3 2022 results showed slight exceedance of forecasts in revenue, operating income, and membership. The company launched highly watched series and films. Netflix estimates competitors are losing money, with combined 2022 operating losses well over $10 billion, vs. Netflix's $5 to $6 billion annual operating profit. After a challenging first half, Netflix believes it’s on a path to reaccelerate growth.

Netflix's Q2 revenue grew by 9% year over year (13% constant currency). Global paid net additions were slightly under-forecasted. The company is focused on improving its product, content, and marketing to accelerate revenue and membership growth. They are in a strong financial position with over $30 billion in revenue and growing free cash flow.

Netflix's revenue growth slowed in Q1 2022, impacted by household penetration, account sharing, and competition. The company reported revenue of $7.868 billion and EPS of $3.53. While working to reaccelerate revenue growth, Netflix is holding its operating margin at around 20%.

Netflix's Q4 2021 earnings showed a 16% year-over-year revenue growth, reaching $7.709 billion. The company's EPS was $1.33, and it concluded the quarter with 222 million paid memberships, including 8.3 million net additions. However, operating margin decreased to 8% due to a large content slate.

Netflix's Q3 2021 earnings revealed a 16% year-over-year revenue increase to $7.5 billion and a 33% rise in operating income to $1.8 billion. The company added 4.4 million paid net memberships, reaching a total of 214 million.

Netflix's Q2 2021 earnings showed a 19% increase in revenue year over year, reaching $7.3 billion. Operating income also rose by 36% year over year to $1.8 billion. The company concluded the quarter with over 209 million paid memberships, slightly surpassing their forecast.