Netflix (NFLX) reported third-quarter 2026 revenue of $12.874 billion, up 12% from a year earlier, and net income of $3.664 billion. Diluted earnings per share were $0.87, compared with $0.59 in the prior-year quarter.
Operating income totaled $4.459 billion and operating margin reached 34.6%. Netflix forecast fourth-quarter revenue of $13.442 billion and a 26.0% operating margin.
- Q3 basic EPS was $0.89 and diluted EPS was $0.87.
- Q3 operating cash flow was $3.162 billion.
- Netflix repurchased 63.9 million shares for $4.8 billion during the quarter.
- The company expects full-year 2026 revenue of $51.1 billion and an operating margin of 31.5%.
- Netflix forecasts approximately $2.7 billion in 2026 advertising revenue.
$NFLX Insider Trading Activity
$NFLX insiders have traded $NFLX stock on the open market 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 have been sales.
Here’s a breakdown of recent trading of $NFLX stock by insiders over the last 6 months:
- REED HASTINGS has made 0 purchases and 5 sales selling 794,250 shares for an estimated $71,200,973.
- THEODORE A SARANDOS (Co-CEO) has made 0 purchases and 6 sales selling 160,474 shares for an estimated $12,136,211.
- GREGORY K PETERS (Co-CEO) has made 0 purchases and 2 sales selling 54,624 shares for an estimated $4,431,027.
- BRADFORD L SMITH has made 0 purchases and 2 sales selling 35,990 shares for an estimated $2,789,799.
- SPENCER ADAM NEUMANN (Chief Financial Officer) has made 0 purchases and 2 sales selling 18,501 shares for an estimated $1,523,981.
- DAVID A HYMAN (Chief Legal Officer) has made 0 purchases and 2 sales selling 11,445 shares for an estimated $920,920.
- RICHARD N BARTON has made 0 purchases and 4 sales selling 4,320 shares for an estimated $327,189.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NFLX Hedge Fund Activity
We have seen 1,669 institutional investors add shares of $NFLX stock to their portfolio, and 1,733 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INVESCO LTD. added 92,572,259 shares (+216.1%) to their portfolio in Q2 2026, for an estimated $6,609,659,292
- FMR LLC removed 68,713,615 shares (-33.6%) from their portfolio in Q2 2026, for an estimated $4,906,152,111
- JPMORGAN CHASE & CO added 44,322,490 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,164,625,786
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 33,723,951 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,407,890,101
- BAILLIE GIFFORD & CO removed 20,766,212 shares (-56.2%) from their portfolio in Q2 2026, for an estimated $1,482,707,536
- BANK OF AMERICA CORP /DE/ removed 20,485,464 shares (-35.4%) from their portfolio in Q2 2026, for an estimated $1,462,662,129
- PERSHING SQUARE INC. added 13,081,465 shares (+inf%) to their portfolio in Q2 2026, for an estimated $934,016,601
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$NFLX Congressional Stock Trading
Members of Congress have traded $NFLX stock 4 times in the past 6 months. Of those trades, 3 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $NFLX stock by members of Congress over the last 6 months:
- REPRESENTATIVE CLEO FIELDS purchased up to $15,000 on 09/14.
- REPRESENTATIVE BYRON DONALDS has traded it 2 times. They made 2 purchases worth up to $30,000 on 08/12 and 0 sales.
- SENATOR CORY A. BOOKER sold up to $15,000 on 08/11.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
