Netflix Inc.
NFLX
Market Cap$513.42B
Close$
Earnings Call Q2 2025
July 17, 2025 - AI Summary
Revenue Growth and Forecast: Netflix increased its full-year revenue guidance to $44.8 billion to $45.2 billion, up from $43.5 billion to $44.5 billion. This reflects a strong underlying business with healthy member growth, particularly noted a pickup in growth at the end of Q2, and positive momentum in ad sales projected to double revenue in the year.
Operating Margin and Expenses: The operating margin guidance for the full year is at 30%, with expectations for a third-quarter margin of 31.5%. The guidance reflects expected operating expenses ramping up due to significant content investments in Q3 and Q4, driven by many major titles and marketing efforts to support a heavier slate of releases.
Engagement Metrics: Engagement growth year-over-year is flat on a per-member basis, raising concerns. Despite total view hours growing slightly in the first half of 2025, the emphasis on "owner household" metrics suggests a cautious approach to measuring retention and competition impacts, tied to the rollout of paid sharing.
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$164.10
86.6% downside
Current Fair Value
86.6% downsideOvervalued by 86.6% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $513.42 Billion |
|---|---|
| Enterprise Value | $528.63 Billion |
| Dividend Yield | $- (-) |
| Earnings per Share | $20.28 |
| Beta | 1.59 |
| Outstanding Shares | 425,211,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 50.13 |
|---|---|
| PEG | 110.06 |
| Price to Sales | 12.51 |
| Price to Book Ratio | 21.14 |
| Enterprise Value to Revenue | 12.68 |
| Enterprise Value to EBIT | 56.83 |
| Enterprise Value to Net Income | 51 |
| Total Debt to Enterprise | 0.04 |
| Debt to Equity | 0.94 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About NetFlix Inc
CEO: Reed Hastings Netflix is the world's leading streaming entertainment service with over 195 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can wa...