- Q4 revenue $10.2bn ($10.1bn expected)
- 19 million net new subscribers (9.6 million expected)
- Shares up double digits in after-hours trading
Matt Britzman, senior equity analyst, Hargreaves Lansdown:
“Streaming giant Netflix delivers another knockout blow, with live events like the Tyson/Paul fight and blockbuster content proving it’s the heavyweight champion of entertainment. Netflix keeps us hooked with fresh content slates, drawing millions of new viewers while keeping existing customers happy at the same time. This is the last quarter Netflix will report net subscriber growth, and it’s blown expectations out of the water.
While rivals hike prices and wrestle with losses, Netflix is raking in cash and striking deals like WWE and NFL to strengthen its lineup. Competitors selling their best shows to Netflix only make its library stronger, keeping us watching – and, crucially, paying.
Looking ahead, Netflix could score big by expanding live sports and one-off events, building a moat that keeps subscribers loyal. Growing ad revenue is also a key goal for 2025 as Netflix scales its ad-supported tier. Monetizing ads isn’t easy, but with a goldmine of user data, there’s plenty to feel optimistic about.”
