Netflix Q2 Revenue Surges On Price Hikes & Ads—Q3 Likely To Echo The Gains

Netflix reported second-quarter revenue of $11.08 billion, up 16% year-over-year and ahead of the Street estimate, according to Benzinga. Earnings per share reached $7.19, beating estimates. Operating margins came in at 34%, exceeding the company’s own forecast, driven by increased membership, higher prices, and growth in ad revenue. All regions reported year-over-year revenue gains, with the Asia Pacific region leading the way at a 24% increase. The company issued third-quarter guidance above estimates and raised its full-year revenue forecast to a range of $44.8 billion to $45.2 billion. Members watched 95 billion hours of content in the first half of 2025, led by strong engagement with Squid Game Season 3. Netflix expects to double advertising revenue this year and highlighted upcoming titles, including Stranger Things, Frankenstein, and a Canelo vs. Crawford boxing match. Shares fell 1% in after-hours trading.