While rival media companies are unloading assets and cutting costs, Netflix Inc. continues to thrive.The owner of the world’s most popular paid streaming service on Thursday reported second-quarter results that exceeded investor expectations in every major metric,

Wall Street geared up for a subdued start on Friday, with investors weighing a week of mixed economic signals and earnings reports, while Netflix's blockbuster profit failed to spark much excitement.

Netflix stock was sliding on Friday, despite a better-than-expected quarterly earnings report. Sometimes, good isn’t good enough for investors. Shares in the Stranger Things streamer dropped 4.8% to $1,

In its second-quarter earnings report, the streaming giant disclosed operating income of $3.8 billion and a margin of 34.1 percent, up double digits from a year ago.

Netflix also raised its 2025 profit outlook, but the stock was down after hours.

Wall Street analysts are expecting earnings per share of $7.08, up from $4.88 last year, and revenue of $11.1 billion, up 16%.

Netflix reported total Q2 revenues of $11.08 billion, with an operating income of $3.8 billion and margin of 34.1%, beyond last year and market estimates.

Netflix reported its second-quarter 2025 earnings Thursday and, as per its new custom, the results came sans subscriber data.

Wall Street analysts have long deemed Netflix the winner of the streaming wars. The company no longer reports quarterly how many customers it has.

The final season of global phenomenon "Squid Game" helped Netflix beat Wall Street earnings targets for the second quarter, and the streaming service raised its revenue guidance for the year.

Netflix on Thursday raised its guidance for 2025 after soaring past investor expectations on revenue and earnings per share. Why it matters: Netflix's earnings results, presented early on in earnings season,