Netflix, Inc. (NFLX) reported its second-quarter earnings for 2025 on June 30, revealing an earnings per share (EPS) of $7.19, surpassing the Zacks Consensus Estimate by 1.7%, and marking a 47.3% increase year-over-year. Revenues totaled $11.07 billion, reflecting a 16% year-over-year growth but narrowly missing consensus expectations by 0.06%.
The company’s content success was highlighted by the latest season of Squid Game, garnering 122 million views, and significant viewership across other titles like Sirens with 56 million views and Exterritorial achieving 89 million views. Netflix’s total debt stood at $14.5 billion, with $8.17 billion in cash as of the end of June 2025.
Looking ahead, Netflix raised its full-year 2025 revenue forecast to between $44.8 and $45.2 billion, driven by growth in memberships and advertising. The company expects Q3 revenues to be around $11.526 billion, indicating a 17% growth year-over-year, and projects an operating margin of 31% for the quarter.
