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Netflix forces Wall Street to focus on profit and revenue with decision to stop reporting subscriber numbers in 2025

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The decision by Netflix to stop reporting quarterly membership numbers and average revenue per membership starting in the first quarter of 2025 marks a significant change for the company and the streaming industry. Instead, Netflix wants investors to focus on metrics such as revenue, operating margin, free cash flow, and time spent on the platform. This move may indicate a potential slowdown in subscriber growth for Netflix. The company’s shares fell in after-hours trading due to a weaker full-year revenue growth outlook. Netflix’s decision reflects the company’s maturity and its shift towards profitability and sustained growth.