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Netflix Q2 Earnings 2025

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Netflix reported its second-quarter 2025 earnings Thursday and, as per its new custom, the results came sans new subscriber data.

Wall Street forecast earnings per share (EPS) of $7.08 on $11.07 billion in revenue for the April-June quarter, according to analyst consensus data provided by LSEG. Netflix reported diluted EPS of $7.19 on $11.08 billion in revenue.

For Q2, Netflix had projected revenue growth of 15% and EPS of $7.03, as well as an operating margin of 33% (up approximately 6% from the same period last year).

Netflix’s second-quarter earnings results did not include an updated subscriber count for the mega streamer, which stopped reporting that metric in Q1. The company says the move to no longer regularly disclose that figure, one that has long been used to gauge growth in the streaming industry, is due to Netflix’s pivot to focus on financials and user engagement.

(Pictured above: Netflix’s “Sirens”)

More to come…

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