Today, Netflix announced strong fourth-quarter and full-year earnings and revenue, surpassing expectations.
In 2025, the streaming giant delivered $45.2B in revenue, up 16% year over year. In Q4, the company’s revenue increased 18% year over year.
The company also reported that in Q4 it had reached 325 million paid memberships worldwide.
In a letter to shareholders, Netflix stated: “In 2025, we met or exceeded all of our financial objectives” while “Engagement remains healthy.”
During the company’s earnings call, Netflix co-CEO Ted Sarandos stated: “We’re confident we’re going to be able to secure all the approvals because this deal is pro-consumer, it is pro-innovation, it’s pro-worker, it is pro-creator and it is pro-growth. Warner Bros., as we just said earlier, has three core businesses that we don’t currently have.”
“This is really a vertical deal for us. It allows us to gain access to 100 years of Warner Bros. deep content and IP for development and distribution in more effective ways that will benefit consumers and the industry as a whole. HBO, as Greg [co-CEO Greg Peters] just mentioned, is a very complementary service to ours. And the TV market is extremely dynamic and very competitive.”
In 2026, Netflix is focused on:
- Improving its core business with a growing variety and quality of series and films.
Building out new initiatives, including live events such as the World Baseball Classic.
Working to close its acquisition of Warner Bros.
Sustaining healthy growth – 2026 revenue of $50.7B-$51.7B (+12%-14% year over year), with ad revenue expected to roughly double, and an operating margin of 31.5%.
Netflix stock dropped 6% during premarket trading following the announcement.
Read our exclusive editorial on Netflix Co-CEO, Reed Hastings
By CEO NA Editorial Staff
