Netflix (NFLX) reported its Q3 2025 earnings yesterday, Oct. 21, after the close of markets. While the streaming giant posted in-line revenues, its profits fell short of expectations. In this article,

Netflix reported its third-quarter 2025 earnings Tuesday, focusing on revenue results following its decision to stop regularly reporting subscribers.

Longtime Stock Advisor recommendation Netflix ( NFLX 10.00%) sank 6% overnight after posting third-quarter revenue and earnings misses after yesterday's close. The quarter's 28% operating margin fell below the expected 31.5%, due to an ongoing tax dispute with authorities in Brazil.

"This past quarter's results did deliver a headline miss; however, the underlying fundamentals are very much intact," Deutsche Bank analysts say

Netflix missed Wall Street analysts' earnings forecasts in the third quarter and said a dispute with Brazilian tax authorities hurt operating margins.

Netflix Inc. (NFLX.O) missed Wall Street's third-quarter profit projections due to an unexpected tax bill in Brazil.

Netflix missed Wall Street's third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities.

In Q3 2025, Netflix did not meet the earnings expectations and ended its six-quarter winning streak. The management said the main reason for weak profit was a $

Ted Sarandos, Netflix’s co-CEO, also teased Netflix’s most hyped 2026 returning hits list during the Q3 2025 Earnings interview, which was streamed a few hours after Netflix’s results for the quarter were released. As per usual, Sarandos was keen to rattle off a list of upcoming shows and movies from their slate.

Netflix reported record revenue in the third quarter, but investors weren't pleased by an unexpected tax-related expense of $619 million.