Netflix ($NFLX) Reports Q3 Revenue of $12.87 Billion, EPS of $0.87
Netflix reported Q3 2026 revenue of $12.87B, up 12% YoY, and EPS of $0.87, exceeding estimates. Operating income rose 37% to $4.46B, with a 34.6% operating margin. Full-year revenue is expected at $51.1B, but advertising revenue was lowered to $2.7B. Q4 revenue is projected at $13.4B with a 26% margin.
How this was made
The 30-second read
Why it matters
The beat and raised guidance are likely to drive short-term price appreciation.
Market read
Strong earnings and guidance lift sentiment for Netflix and may boost related media stocks.
What to watch
Potential subscriber churn or increased competition from emerging streaming platforms.
Background
Netflix's Q3 earnings were released after market close, providing fresh data for traders.
Ticker impact
Netflix reported Q3 2026 revenue of $12.87B, EPS $0.87 beating estimates and raised full-year guidance.
likely upward pressure as the market prices in the earnings beat and higher guidance
The beat was on both revenue and EPS, and guidance was lifted, which typically drives short-term buying.
Market effects
Streaming sector may see broader optimism as Netflix outperforms expectations.
U.S. tech equities could benefit from the positive earnings surprise.
Limited to media/entertainment stocks globally.
Counterpoint
If the advertising revenue outlook weakens, the upside could be limited.
Key entities
- CompanyNetflix
Global streaming service provider.
