Netflix(NFLX) - 2025 Q2 - Quarterly Results

Exhibit 99.1 July 17, 2025 Fellow shareholders, | (in millions except per share data) | | Q2'24 | | Q3'24 | | Q4'24 | | Q1'25 | | Q2'25 | | Q3'25 Forecast | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Revenue | $ | 9,559 | $ | 9,825 | $ | 10,247 | $ | 10,543 | $ | 11,079 | $ | 11,526 | | Y/Y % Growth | | 16.8 % | | 15.0 % | | 16.0 % | | 12.5 % | | 15.9 % | | 17.3 % | | Operating Income | $ | 2,603 | $ | 2,909 | $ | 2,273 | $ | 3,347 | $ | 3,775 | $ | 3,625 | | Operating ...