Netflix has surpassed 325 million global paid subscribers, according to its latest shareholder letter, marking a significant milestone for the streaming giant.
LOS ANGELES, CA – Netflix has reached a remarkable milestone, surpassing 325 million global paid subscribers, as revealed in the company’s shareholder letter for the final quarter of 2025. This announcement comes as a surprise to many industry observers.
In its fourth-quarter earnings report, Netflix announced earnings of 56 cents per share on revenue of $12.157 billion, exceeding market expectations. The company’s revenue saw a year-over-year increase of 17.6 percent, largely attributed to the growth of its advertising-supported tier. For the entirety of 2025, Netflix reported advertising revenue exceeding $1.5 billion.
Netflix’s fourth-quarter operating income was reported at $2.957 billion, resulting in an operating margin of 24.5 percent. The net income for the quarter stood at $2.419 billion, showcasing the company’s strong financial performance.
Just three months prior, Netflix had projected a fourth-quarter profit of $2.355 billion on revenue of $11.96 billion, with expected operating income of $2.86 billion. This significant outperformance highlights the company’s ability to exceed its own forecasts.
On the content front, the highly anticipated release of ‘Stranger Things 5’ emerged as a key driver for Netflix during the fourth quarter. The viewership generated by the series, coupled with Netflix’s Christmas Day NFL games, contributed to what the company described as the largest single streaming day and month in U.S. history.
In addition to its subscriber growth, Netflix is currently in the process of acquiring Warner Bros. On January 20, the company revised its initial $83 billion offer to an all-cash bid, aligning its proposal with the structure of Paramount’s competing offer, which has been declined.
This latest development underscores Netflix’s ongoing strategy to expand its content library and enhance its market position in the competitive streaming landscape.
According to India-West, Netflix’s achievements in subscriber growth and financial performance reflect its successful adaptation to changing viewer preferences and its commitment to delivering compelling content.