Netflix Q1 Earnings Preview: What Investors Should Expect on April 16

Netflix will report Q1 2025 results on April 16. Markets view the print as a potential volatility catalyst: options price an expected post-earnings swing of about ±6.3% for April 24 expirations, above Netflix’s recent average earnings move of ~4.7%. The preview is constructive — management guides to roughly $12.16 billion revenue (≈15% YOY) and $0.76 EPS for Q1, while advertising revenue was about $1.5 billion in 2025 with a $3 billion target for 2026. Netflix’s share price has risen ~14% over three months and trades near 32x forward earnings; Wall Street consensus is “Strong Buy.” The combination of solid fundamentals, pricing power and ad monetization supports a bullish outlook, though elevated options-implied moves and mixed past post-earnings reactions imply risk of short-term volatility.