Netflix (NFLX) Q1 2026 Earnings Beat Estimates at $12.25B
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowNetflix (NFLX) reported Q1 revenue of $12.25 billion, exceeding Wall Street's $12.18 billion estimate by $70 million. Adjusted EPS was $1.23, marking a significant increase, while operating income grew by 18%. In March, Netflix raised U.S. subscription prices, with ad tier now at $8.99 and premium at $26.99. Despite a decline of over 10% in premarket trading due to missed second-quarter guidance and co-founder Reed Hastings' planned board exit, the fundamentals show a robust performance supported by a $2.8 billion breakup fee from the failed Warner Bros. merger.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Netflix Inc. (NFLX)
Netflix is the largest subscription streaming service, producing and licensing films and series worldwide, with a growing ad-supported tier.
The Communication Services sector covers media, entertainment, telecom and interactive companies that connect and inform people.
Earlier NFLX news
- Netflix (NFLX) Reports Earnings, Eyes Acquisition Strategies Ahead
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- Netflix (NFLX) Earnings Report Indicates Lower Stock Performance
- Netflix (NFLX) Shares Drop as Reed Hastings Announces Exit
- Netflix (NFLX) Earnings Beat, Reed Hastings Exits Board
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