Netflix’s net income leaps to $3.1 billion

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It’s yet another winning quarter for Netflix.

The streaming giant earned $11.1 billion in revenue and $3.1 billion in net income in its second quarter, the company reported Thursday, exceeding Wall Street’s forecasts.

The company also said, in its biannual engagement report, that its subscribers watched more than 95 billion hours in the first half of 2025, a 1% increase from a year earlier.

The top hits from the second quarter included new seasons of recurring shows such as “Ginny & Georgia” and “Squid Game” and new shows such as “Sirens” and “The Four…



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Netflix’s net income leaps to $3.1 billion



It’s yet another winning quarter for Netflix.

The streaming giant earned $11.1 billion in revenue and $3.1 billion in net income in its second quarter, the company reported Thursday, exceeding Wall Street’s forecasts.

The company also said, in its biannual engagement report, that its subscribers watched more than 95 billion hours in the first half of 2025, a 1% increase from a year earlier.

The top hits from the second quarter included new seasons of recurring shows such as “Ginny & Georgia” and “Squid Game” and new shows such as “Sirens” and “The Four…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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