Netflixhas now reported their second-quarter earnings to investors. The company is primarily known for their subscription streaming service, which is one of the most widely used platforms of the kind.
In addition to boasting a library of licensed shows and movies,the service has produced a number of hit originalssince the early 2010s. Some of the most popularNetflix showsof all time includeWednesday,Stranger Things,Bridgerton, andThe Night Agent, while their movies include the streaming blockbustersCarry-OnandRed Notice.
The company has made a number of major changes recently, including introducing an ad-supported tier, focusing more on live events, and raising subscription prices. Perhaps because of some or all of these changes,revenue for the first quarter of 2025 increased 13% over the previous year.
On Thursday, after the close of trading, Netflix disclosed their second-quarter earnings in a call with investors. PerCNBC Overtime, the company is reporting that they have hada total of $11.08 billion in overall earnings, with earnings of $7.19 per share.
This means that Q2 has grown 16% from the same quarter in 2024, outdoing Q1 of 2025, in addition to markingNetflix’s best ever quarterly revenue.
What This Means For Netflix
They Are Bouncing Back From A Major Emmys Snub
PerLondon Stock Exchange Group(viaCNBC), industry projections for Netflix’s second quarter were $7.08 in earnings per share and a total of $11.07 billion in revenue. This means thatthe company has already exceeded expectations for 2025as the outlook of future quarters looks even brighter.
This good news for Netflix comes during a time when the company has been struck a blow by the television establishment. Although Netflix series includingNobody Wants This,Monsters: The Lyle and Erik Menendez Story, andAdolescenceearned a cumulative total of 1202025 Primetime Emmy nominations,their flagship seriesSquid Gamewas shut out of the nominations completely.
Squid Gameseason 1 was the most-watched season of all time across the entire platform, while season 2 was the third most-watched.
While this is still a large number of award nominations, it ismuch smaller than the number earned by HBO Max, which had 142 nominations across series includingSeveranceseason 2,The Penguinseason 1,The Studioseason 1, andThe White Lotusseason 3.
Q3 And Q4 Could Outdo Q2
Image via Netflix
Ultimately, it remains to be seen how this new update will affect Netflix’s revenue throughout the rest of 2025. However,the second half of 2025 features some of their most anticipated releases of the year, so their Q3 revenue could potentially rise even more and set new records.
These releases include Guillermo del Toro’sFrankenstein,Wednesdayseason 2, andStranger Thingsseason 5, which will be a three-part season that concludes the streamer’s flagship sci-fi fantasy series.