Netflix logs record profit in quarter, withholds user data

Net income for January-March was $2.89 billion, or $6.61 per share, compared to $2.33 billion, or $5.28 per share, for the same period last year.

Netflix exceeded experts' expectations for profit and revenue in the past quarter. The streaming market leader generated revenue of $10.5 billion, resulting in a 24 percent jump in profit to $2.89 billion.

$10.5 Billion in 3 Months: Netflix Cashes in on Price Hikes, Ads and New Moves - Tech

In the first three months of 2025, streaming giant Netflix pulled in $10.5 billion—up 13% compared to the same period last year.  Profit grew by 25%, with earnings hitting $6.61 per share. Wall Street expected less. Netflix delivered more. What’s fuelling the engine? Price hikes, for one. In January, Netflix raised subscription fees in key markets including the U.S., UK, and Argentina. France is next. And for those trying to outsmart the system …

However, the streaming portal no longer provides information on the development of the number of customers.

By the end of 2024, Netflix had a total of 301.6 million subscribers.

San Francisco – In the first quarter, the U.S. streaming giant generated $10.54 billion in revenue and generated $2.89 billion in net profit