Netflix revenue rises to $10.54 billion thanks to price hikes, 12.5% growth in Q1 2025 revenue over the same period last year
On April 17, 2025, Netflix, a major streaming service, reported its financial results for the first quarter of 2025 (January to March). In the announcement, Netflix reported that as a result of
COMBINED-Q1-25-Shareholder-Letter-V2.pdf
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Netflix revenue rises to $10.5 billion following price hike | The Verge
Netflix Q1 2025 Earnings Beat, Streamer Stops Reporting Subscribers
https://variety.com/2025/tv/news/netflix-q1-2025-earnings-financial-results-subscriber-counts-1236371830/
Netflix's revenue for the first quarter of 2025 increased 12.5% year-on-year to $10.543 billion (approximately 1.5 trillion yen), and net income was $2.89 billion (approximately 410 billion yen), significantly higher than the $1.869 billion (approximately 260 billion yen) in the same period last year. According to research firm LSEG Data & Analytics, the revenue of $10.543 billion exceeds analyst expectations of $10.51 billion (approximately 1.49 trillion yen).
Netflix attributes this increase in revenue to 'recent price changes, continued growth in membership and advertising revenue.' In fact, Netflix revised its subscription fees in the United States, Canada, Argentina and Portugal in January 2025, raising monthly fees by up to $2.50 (about 355 yen).
Netflix raises prices again, subscription fees up to 16% - GIGAZINE
Netflix expects sales to reach $11,035 million in the second quarter of 2025, and believes growth will continue in the future.
In the first quarter of 2025, works such as ' Adolescence ,' ' Back in Action ,' ' Advitam ,' and ' Counterattack ' were released. In particular, 'Adolescence' and 'Back in Action' boast high playback numbers of 124 million and 146 million, respectively. Netflix appealed, 'We will continue to offer a diverse lineup that will excite our users.'
In its first quarter 2024 financial report, Netflix announced that it would stop reporting quarterly subscriber numbers from 2025. At the time, Netflix pointed out that 'because we generate multiple revenue sources, such as ad-supported plans and additional member features, and subscription prices vary by country and plan, the number of members is no longer just one factor in indicating growth,' and that 'engagement, the time spent on the service, rather than the number of members, is the best indicator of customer satisfaction.' Therefore, the number of Netflix subscribers was not announced in this financial report, but Netflix reported that 'the number of subscribers worldwide exceeded 300 million in January 2025.'
Netflix announces first quarter 2024 financial results, total subscriber numbers increase 16% year-on-year to 269.6 million, and sales and net profits also increase significantly - GIGAZINE
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