Key Highlights
- Netflix ended 2025 with over 325 million subscribers, adding 23 million in the year.
- The fourth-quarter results exceeded Wall Street's revenue and earnings forecasts.
- Shares fell more than 4% in after-hours trading due to concerns over slowing growth.
- Netflix amended its $82.7 billion merger agreement with Warner Bros amid a competitive bidding war.
- The company is facing a hostile bid from Paramount Skydance.
