Netflix profits surge 45% off higher subscription prices
Netflix announced a 45 percent year-over-year jump in second-quarter profit on Thursday, beating expectations as the streaming service reaped the benefits of higher subscription prices and an expanding ad-supported tier.
- Economy
- AFP
- Published Date: 11:41 | 17 July 2025
Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from price increases and a growing advertising business.
Revenue climbed 16 percent to $11.1 billion in the quarter ended June 30, beating analyst estimates and the company's own guidance, while net profit surged to $3.1 billion.