Netflix logs multi-billion-dollar profits prior to major layoffs
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Netflix recorded an $11 billion net profit in 2025 following a 16% revenue increase to $46.6 billion, backed by $9.1 billion in cash and equivalents and $14.4 billion in total debt as of June 30. Despite expecting revenue growth to slow to 13%–14% and aiming to increase its operating margin by 200 basis points to 31.5%, the company recently executed a large round of layoffs and ousted its top content executive.
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