Advertising BusinessNFLX's advertising business is projected to expand significantly, with advertising revenue expected to double, reaching $3.2B in 2025.
Revenue GrowthConfidence in NFLX's revenue growth outlook is driven by a robust content slate and strengthening leadership position in streaming.
Subscriber GrowthNetflix's top-line growth, driven by subs, far exceeds content spend growth, leading to expanding margins that are already best in class.