Netflix ($NFLX) reported third-quarter 2026 revenue of $12.87 billion, up 12% year over year, and diluted earnings per share of $0.87, compared with $0.59 a year earlier. Revenue was approximately in line with Wall Street expectations of $12.87 billion, while EPS exceeded estimates of approximately $0.83.
- Operating income increased 37% year over year to $4.46 billion.
- Operating margin reached 34.6%, compared with 28.2% in the prior-year quarter.
- Net income increased 44% to approximately $3.66 billion.
- Quarterly free cash flow totaled approximately $2.88 billion, up 8% year over year.
- Netflix expects full-year 2026 revenue of approximately $51.1 billion and an operating margin of 31.5%.
- The company reduced its 2026 advertising revenue forecast to approximately $2.7 billion from $3 billion, citing slower product rollouts.
- Fourth-quarter revenue is projected at approximately $13.4 billion, with a 26% operating margin.
Relevant Companies
- Netflix ($NFLX) - Reported higher quarterly revenue, earnings, and operating margins while lowering its annual advertising revenue outlook.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
