Netflix is no longer reporting the number of customers on a quarterly basis. But it is still motoring on a warm growth engine, providing financial results for the first quarter of 2025 which has been at the top of the hopes of Wall Street.
Industry-Agni Membership Streammer reported an income of $ 10.54 billion, 12.5%, and an income per share of $ 6.61 (compared to $ 5.28 per year with $ 5.28). This is the first quarter Netflix will stop disclosing the subscriber counts, a long -time metric investors have used its growth, as the company wants to focus on the story on financial and user engagement.
According to LSEG Data and Analytics, Wall Street analysts expected a revenue of $ 10.51 billion and an earning of $ 5.66 per share. Netflix’s earnings come amid widespread fears of a brilliant economic recession that can give a punch for consumer expenses and advertising budgets. For 2024 throughout the year, Netflix revenue increased by 15.6%.
In his quarterly letter to shareholders, Netflix stated that revenue was mainly operated by membership hike and high pricing. “The revenue was moderately above our guidance, which was due to a slightly more than-furcasted subscription and AD revenue (which is still very small relative to the membership revenue),”
Netflix finished 2024 globally, with customers paid 301.6 million, up to 16% for the year. But according to the company, quarter-to-quarters are not relevant as sub-count financial and user engagement metrics, looking at the rollouts of plans at various price points and its payment-sharing option (which allows customers to add “additional members” to their accounts for additional fees).
Analysts have suggested that Netflix has made changes as its customer growth rate is slowing down, while other companies have also done such work (in 2018, Apple stopped disclosing sales of iPhones and other product lines.). Meanwhile, after the price hike in the US and other markets in the first quarter of 2025, Netflix may “obscure the subscriber churning”, while showing “meaningful revenue growth,” Vesabash Securities Analyst Ellisia Reese explained the April 11 research note.
(Painted above: Christin Milioti in Netflix’s “Black Mirror” season 7 episodes
