Here’s our initial take on Netflix‘s (NASDAQ: NFLX) fiscal 2025 second-quarter financial report.
Wall Street had high expectations for Netflix heading into its second-quarter report, especially after a significant earnings beat in the first quarter. Analysts were expecting a 15% year-over-year increase in revenue and 45% EPS growth.
Although expectations were lofty, Netflix managed to beat on both the top and bottom lines. Operating margin expanded by 7 percentage points compared to the same period last year, and free cash flow increased by an impressive 87%.