Story perspectives
Netflix Shares Plummet 7% Despite Strong Revenue Growth
10/22/2025
46 4
1 of 1
Story summary
- Netflix, Inc. shares fell 7% after a third-quarter earnings miss caused by a $619 million Brazilian tax expense.
- Revenue rose 17% to $11.51 billion.
- Net income was $2.55 billion.
- Earnings per share were $5.87, below $6.97.
- Netflix projects fourth-quarter revenue of $11.96 billion while pursuing acquisitions and expanding into advertising and gaming ahead of Stranger Things' final season.
