Netflix reported strong Q2 2025 results, with revenue up 16% year-over-year to $11.08 billion and net income rising 39% to $3.13 billion. Operating income jumped 45% to $3.8 billion, and EPS grew 47% to $7.19. Driven by healthy subscriber growth, strong ad sales, and a weaker U.S. dollar, Netflix raised its full-year revenue forecast to up to $45.2 billion and expects up to $8.5 billion in free cash flow.
Key highlights include the success of hit content like Squid Game S3 and KPop Demon Hunters, the rollout of the Netflix Ads Suite across all ad markets, a revamped TV interface, and a growing slate of live events. With 120 Emmy nominations and a packed upcoming release schedule, Netflix remains optimistic for the rest of 2025.