As it rolls out a big second half of 2025 on the programming front, Netflix said it was raising its revenue forecast for 2025. The updated guidance calls for revenue between $44.8 billion and $45.2 billion, up from the previous target of $43.5 billion to $44.5 billion.

Netflix's (NASDAQ:NFLX) second-quarter earnings beat expectations on top and bottom lines, and the streaming giant raised full-year revenue expectations. Shares of the company were down nearly 5% by midday on Friday.

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.

It’s Netflix‘s (Nasdaq: NFLX) world and we’re all just living in it. The streamer blew out Q1 earnings, which helped fuel its 41% year-to-date returns. Tonight, it will report its second quarter earnings after the bell.

The final season of Squid Game boosts Netflix’s Q2 earnings, but investors remain cautious as growth expectations taper.

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.