Netflix beats Q1 earnings, revenue rises on subscriber growth, plans to double revenues by 2030
From Nasdaq: 2025-04-21 10:43:00
Netflix’s stock soared after announcing impressive first-quarter results, closing at $973.03, up 2.33% for the week. The company reported earnings of $6.61 per share, beating estimates by 16.17%, with revenues of $10.54 billion, up 12.5% year over year. Netflix plans to focus on financial metrics and user engagement, moving away from reporting specific subscriber counts.
The streaming platform saw significant growth in subscribers in Q1, crediting its diverse content offerings for the success. Popular shows like Adolescence and Back in Action garnered millions of views. Operating income rose by 27.1%, and marketing expenses increased by 5.2%. Netflix’s free cash flow reached $2.66 billion.
Netflix’s guidance for Q2 2025 includes revenue growth of 15.4% to $11.035 billion, with earnings projected at $7.03 per share. The company aims for an operating margin of 33% and plans to release new films and series in the upcoming quarter. Netflix has set ambitious revenue goals for 2025, confident in its ability to double revenues by 2030 and achieve a $1 trillion market capitalization.
Read more at Nasdaq: Netflix Q1 Earnings Beat, Revenues Rise Y/Y on Subscriber Gain
