All articles tagged with #brazil tax dispute
Netflix's third-quarter earnings were impacted by a $619 million tax settlement with Brazil, causing its shares to drop over 9%, despite strong programming and record subscriber engagement; the company remains optimistic about future growth and potential acquisitions.
Netflix's stock fell 5.6% after missing Q3 earnings estimates, primarily due to a Brazilian tax dispute, despite strong revenue growth and record viewership in the US and UK. The company is focusing on new content and features to sustain growth amid increasing competition from other streaming services.
Netflix reported a 17% revenue increase in Q3 2025 but missed earnings estimates due to a Brazilian tax dispute, leading to a temporary drop in stock price. The company highlighted strong ad sales and content success, including the popular 'KPop Demon Hunters,' and maintained full-year revenue guidance of around $45.1 billion despite the tax-related margin impact.