Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025.

The company updated its full-year revenue forecast, noting that it expects revenue to be between $44.8 billion and $45.2 billion, up from a range of $43.5 billion to $44.5 billion. Netflix’s higher forecasts reflects the weakening of the U.S. dollar compare to other currencies as well as “healthy” member growth and ad sales, the company said in a statement.

Notably, this is the second quarter that Netflix is not releasing quarterly updates on subscription data.

“Year-over-year revenue growth was primarily a function of more members, higher subscription pricing and increased ad revenue,” the company said in a statement.

Here’s how the company did, compared with estimates from analysts polled by LSEG:

• Earnings per share: $7.19 vs. $7.08, according to LSEG
• Revenue: $11.08 billion vs. $11.07 billion, according to LSEG

Net income for the period was $3.1 billion, or $7.19 per share, up from $2.1 billion, or $4.88 per share, during the same quarter a year earlier.

Revenue in the second quarter jumped nearly 16% year over year, reaching $11.08 billion.

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