Netflix Surpasses Subscriber Targets and Revenue Estimates While Chasing Multi-Billion Dollar Acquisition

Netflix posted record revenue and subscriber numbers for the fourth quarter of 2025 while pursuing a major $82.7 billion bid to acquire Warner Bros. Discovery.

Insights:
Netflix Inc. reported strong financial results for the fourth quarter of 2025, posting revenue of $12.1 billion which exceeded the $11.97 billion forecast by Wall Street analysts. The streaming giant also announced it has surpassed 325 million global subscribers, a significant milestone after crossing the 300 million mark at the conclusion of 2024. Despite these operational gains, shares of the US USUSbased company fell 4% in after-hours trading as investors evaluated the fiscal implications of its ongoing efforts to consolidate the media landscape.
A drone view shows the Netflix logo on one of their buildings in the Hollywood neighborhood of Los Angeles, California, December 8, 2025. REUTERS/Daniel Cole/File Photo
A drone view shows the Netflix logo on one of their buildings in the Hollywood neighborhood of Los Angeles, California, December 8, 2025. REUTERS/Daniel Cole/File Photo
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