Inside The Surprise Brazilian Tax That Rattled Netflix Earnings

October 22, 2025

•

1 min read

•

Deadline

Netflix CFO stressed that there's no other tax like this in other countries where the streamer operates and it won't impact results going forward.

An unexpected and painful $619 million tax expense from Brazil knocked the operating margin for Netflix‘ September quarter, defying Wall Street’s upbeat guidance and hitting the stock, which fell more than 6%. It was unusual. Asked on the streamer’s ... [2138 chars]

Read Original Article

Source: Deadline

Visit Source

Share this article

Twitter Facebook

Back to business news