Netflix ($NFLX) Reports Q3 Revenue of $12.87 Billion, EPS of $0.87

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.