---
schema_version: "secwatch.filing_event.v1"
accession: "0001065280-25-000175"
form_type: "8-K"
ticker: "NFLX"
cik: "0001065280"
company_name: "NETFLIX INC"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T11:27:55.908878+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Netflix Q1 EPS $6.61, revenue $10.5B (+13% YoY); Hastings transitions to non-executive Chairman

## Summary
- Q1 revenue $10,543M (+13% YoY), operating income $3,347M (+27% YoY), EPS $6.61 vs $5.28.
- UCAN revenue $4,617M (+9% YoY); EMEA $3,405M (+15%); LATAM $1,262M (+8%); APAC $1,259M (+23%).
- Reed Hastings transitions from Executive Chairman to Chairman and non-executive director effective April 17, 2025.
- Tim Haley not standing for re-election at 2025 annual meeting; remains director until then.
- Q2 forecast revenue $11,035M, operating margin 33%, EPS $7.03; FY 2025 revenue guidance unchanged at $43.5-44.5B.

## SEC filing metadata
- accession: 0001065280-25-000175
- form_type: 8-K
- ticker: NFLX
- cik: 0001065280
- company_name: NETFLIX INC
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065280/000106528025000175/0001065280-25-000175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065280/000106528025000175/nflx-20250411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065280-25-000175
- JSON: https://secwatch.observer/filing/0001065280-25-000175.json
- Plain text: https://secwatch.observer/filing/0001065280-25-000175.txt

## Key facts
- Executive change
  Timothy Haley departed as director at NETFLIX INC.
  - Action: not stand for re-election
  - Role: director
  source text: On April 11, 2025, Timothy Haley informed the Company of his decision to not stand for re-election as a director at the Company’s 2025 annual meeting of stockholders (the “Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065280/000106528025000175/0001065280-25-000175-index.htm
- Executive change
  Reed Hastings changed role as Chairman of the board of directors at NETFLIX INC.
  - Action: transitioned
  - Role: Chairman of the board of directors
  source text: Effective April 17, 2025, Reed Hastings will transition to serve as Chairman of the board of directors of the Company (the “Board”) and non-executive director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065280/000106528025000175/0001065280-25-000175-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.