$Netflix(NFLX)$ will report its Q3 FY2025 earnings after market close on October 21 (Mon). Analysts expect another solid quarter, with revenue reaching $11.51 billion, up 17.2% YoY, and net income rising 24% to $3.01 billion (EPS ≈ $7.00).
Earnings Highlights
Ad-Supported Tier Becomes a Growth Engine
Netflix’s ad-supported plan now has nearly 94 million users, and ad revenue is expected to double this year. Investors are watching ad fill rates, CPM, and monetization efficiency closely — key indicators of whether Netflix can rely less on subscription price hikes and more on ad-driven growth.
Content Globalization Drives Engagement
From Stranger Things S5 to Korean and Indian originals, Netflix’s “local-for-global” strategy continues to pay off. Last quarter, revenue grew 24% in APAC and 18% in EMEA, reflecting the strong momentum of localized content and diversified programming.
Margins and ARPU Improve Together
In Q2, Netflix’s cost ratio dropped to 48%, with gross margin climbing to ~52% and operating margin holding steady between 32–34%. Analysts expect ARPU growth to remain a key driver for profitability through 2025.
NFLX’s earnings call is scheduled for 04:45 Beijing Time on October 16, 2025. Click to RSVP for the live call.
🎁Events Details
What do you think will happen after the earnings?
💬 Comment below with your predicted closing price on October 22 (in USD, two decimal places).
📈 Are you bullish or bearish on $Netflix(NFLX)$ ? Tell us why!
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⏰Event Duration
October 17 –October 22, 04:00 PM SGT
Comments
Analysts expect revenue of USD 11.5 billion (+17% YoY), driven by price hikes and ad tier growth. EPS is expected to be USD 6.94 versus USD 5.40 last year.
I am bullish on Netflix. If it beats forecasted earnings with ad tier growth I believe Netflix can close at USD 1295.00 on October 22.
@Tiger_Earnings @TigerStars @Tiger_comments @CaptainTiger @TigerClub
My predicted closing price for 22 Oct: $1,240.50
Sentiment: Mildly bullish.
Why bullish:
1️⃣ Subscriber growth may surprise on international strength.
2️⃣ Ad-tier and password-sharing crackdown could lift ARPU.
3️⃣ Margins likely to expand from lower content spend.
Risks:
⚠️ Weak guidance or slower ad growth could trigger profit-taking.
⚠️ Rising competition (Amazon, Disney) may cap valuation.
Overall, NFLX remains a streaming leader with improving fundamentals — but after its rally, even good news must impress.
Are you betting on a breakout or a pullback this earnings?