BusinessTechnology Netflix stock drops 6% after earnings miss due to $619 million expense from Brazilian tax fight October 21, 2025 0 Netflix co-CEO Ted Sarandos' company grew revenue again in the third quarter, but missed big on earnings per share due to a tax-related expense. Kevin Dietsch/Getty Images Netflix generated record revenue last quarter, but it incurred an approximately $619 million expense due to aRead the rest at Business Insider Related Articles Business ‘I’m in the home stretch’: I’m 80. Do I leave my kids a ‘Magnificent Seven’ dynasty trust or a brokerage account? Business I work for Melinda French Gates at Pivotal Ventures. Here’s a day in my life and the greatest lessons she’s taught me. Business ‘Murdaugh: Death in the Family’ star Jason Clarke sells L.A. home at big discount for $3 million - Advertisement - Latest Articles Business ‘I’m in the home stretch’: I’m 80. Do I leave my kids a ‘Magnificent Seven’ dynasty trust or a brokerage account? Business I work for Melinda French Gates at Pivotal Ventures. Here’s a day in my life and the greatest lessons she’s taught me. Business ‘Murdaugh: Death in the Family’ star Jason Clarke sells L.A. home at big discount for $3 million Business How an up-and-coming investor made partner at a VC firm that doesn’t promote from within Business From ‘sandwich bots’ to ‘omakase’ — a guide to the weirder lingo in the crypto fraud trial of two MIT-educated brothers