From The Hollywood Reporter · Tony Maglio · · 50s
Netflix Q3 Earnings Beat Wall Street
Netflix beats Q3 earnings estimates but Wall Street braces for 2026 ad sales whiff.
In brief
Netflix beats Q3 earnings estimates but Wall Street braces for 2026 ad sales whiff. Netflix reported $12.9 billion Q3 revenue and $3.664 billion profit, but forecasts 11.5% growth for Q4 and $2.7 billion ad revenue, missing full-year goals. Originally reported by The Hollywood Reporter.
Q3 Earnings Report
Netflix reported $12.9 billion revenue and $3.664 billion profit for Q3 2026, beating Wall Street expectations.
Q4 Forecast
Netflix now forecasts $13.442 billion revenue, $2.787 billion net income, and 67 cents EPS for Q4 2026.
Ad Sales Shortfall
Netflix expects $2.7 billion in 2026 ad revenue, down from $3 billion, missing full-year goals.
Stock Decline
Netflix shares closed at $68.69, hitting a new 52-week low after hours trading.
What to remember
Netflix reported $12.9 billion Q3 revenue and $3.664 billion profit, but forecasts 11.5% growth for Q4 and $2.7 billion ad revenue, missing full-year goals.
