Netflix Fourth Quarter Earnings and Acquisition News
Netflix (NASDAQ: NFLX) reported its fourth-quarter 2025 earnings on January 20, 2026, surpassing expectations with revenue of $12 billion, an 18% year-over-year increase. However, despite this strong performance, Netflix shares have declined by 10% since the start of the year as of January 21, 2026.
On December 5, 2025, Netflix announced an $82.7 billion all-cash offer to acquire Warner Bros. Discovery (NASDAQ: WBD), raising concerns among investors about the financial impact and execution risks of the deal amid a competitive landscape, particularly with rival Paramount Skydance Corporation (NASDAQ: PSKY) pursuing a hostile takeover of Warner Bros. Netflix now has over 325 million global subscribers, but investor sentiment remains cautious due to the potential challenges posed by the acquisition strategy.
