Netflix (NFLX) earnings Q2 2026
Netflix reported second-quarter 2026 revenue that largely met analyst expectations, though the company's stock fell due to a disappointing earnings forecast. Management emphasized that engagement remains healthy despite concerns over viewership trends.
Why it matters
Netflix's performance is a key indicator for the broader streaming industry, particularly regarding the success of ad-supported tiers and content engagement strategies.
Netflix reported second-quarter revenue and earnings that were roughly in line with analyst estimates on Thursday as Wall Street is keeping a close eye on the company's advertising and engagement metrics.
Netflix stock fell more than 8% in after-hours trading Thursday as investors appeared disappointed once again in the company's earnings forecast.
Here's how Netflix performed for the period ended June 30 compared with estimates from analysts polled by LSEG:
Netflix reported $12.56 billion in revenue, up 13% year over year and just slightly missing analyst expectations. The rise was attributed to membership growth, pricing and increased ad revenue.
Earlier this year, Netflix raised its subscription prices across all its streaming plans. The company said Thursday the results of those price hikes were consistent with prior changes and expectations.
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