Netflix (NFLX) added 5.89 million subscribers in Q2 2023

Published July 19, 2023 1:15 PM, by Bill Lavoy

Today, Netflix (NFLX) reported its Q2 2023 earnings, revealing that the company smashed subscriber expectations for the quarter. This is undoubtedly one of the highlights for the quarter.

Netflix added 5.80 million subscribers in Q2 2023 against expectations that they would add 1.769 million subscribers. This can only be described as a massive win for the streaming giant and is almost certainly partly due to the password sharing crackdown that Netflix has been rolling out throughout 2023.  

Netflix had this to say about the massive increase in subscribers:

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