# Netflix Cuts Ad Revenue Forecast

> Netflix reduced its ad revenue forecast by $300 million, but its earnings beat still matters more for investors.
- Title: Netflix Cuts Ad Revenue Forecast · The Motley Fool | Shortify
- Summary: Netflix reduced its ad revenue forecast by $300 million, but its earnings beat still matters more for investors. Netflix cut its ad revenue forecast from $3…
- Keywords: netflix, ad revenue, earnings, revenue forecast, streaming, investors, finance, money, Cuts, Revenue, Forecast, The Motley Fool
- Source: The Motley Fool — https://fool.com/investing/2026/10/20/netflix-cut-its-ad-revenue-forecast-by-300-million-does-that-matter-more-than-its-earnings-beat
- Author: Jeremy Bowman
- Published: 2026-10-20T22:03:12+00:00
- Read time: 1 min
- Topics: netflix, ad revenue, earnings, revenue forecast, streaming, investors, finance, money
## Netflix Earnings Report
Netflix released third-quarter earnings after hours, trading down 6%.
## Ad Revenue Forecast Cut
Netflix reduced its ad revenue forecast from $3 billion to $2.7 billion.
## Weak Growth Trends
Netflix reported its slowest top-line growth in three years, expecting continued moderation.
## Earnings Beat
Earnings per share improved from $0.59 to $0.87, beating estimates of $0.82.
## Ad Business Challenges
Netflix blamed slower ad product rollout on technical issues, not weak demand.
## Investor Concerns
Netflix needs to prove it can stop growth slowdown or stock will continue to slide.
## Key takeaway

Netflix cut its ad revenue forecast from $3 billion to $2.7 billion, but its earnings per share beat estimates.