Netflix reports Q3 2026 earnings with 12% revenue growth but weaker Q4 outlook
+5 new sources since this summary was written
Netflix announced third‑quarter 2026 results on Oct. 20, showing revenue of $12.874 billion, up 12% year‑over‑year (11.8% on a FX‑neutral basis) and an operating margin of 34.6%. Diluted earnings per share were $0.87, a 47% YoY increase, while net income rose 44% to $3.664 billion. The company reaffirmed full‑year 2026 revenue guidance of $51.1 billion but trimmed its fourth‑quarter revenue outlook, prompting the stock to fall about 5% after hours.
Why it matters
The earnings beat on revenue and EPS supports the company’s cash‑flow generation, but the softer Q4 guidance caused the shares to drop roughly 5% in after‑hours trading (as reported by fxleaders.com). Investors will watch whether the revised outlook pressures the stock further and affects valuation multiples.
Key facts
- 1Q3 2026 revenue was $12.874 billion, up 12% YoY (11.8% on a FX‑neutral basis). stocktitan.net
- 2Operating margin for Q3 2026 was 34.6%, up from 28.2% in Q3 2025. stocktitan.net
- 3Diluted EPS for Q3 2026 was $0.87, a 47% YoY increase. stocktitan.net
- 4Net income for Q3 2026 was $3.664 billion, up 44% YoY. stocktitan.net
- 5Full‑year 2026 revenue guidance is $51.1 billion, a 13% YoY increase. stocktitan.net
- 6Full‑year 2026 operating‑margin guidance is 31.5%. stocktitan.net
Summary written by AlphAI AI Desk from 20 of 65 sources. Not investment advice. Figures are as stated by the linked sources.