Netflix (NFLX) Q2 2026 Earnings

Yes. Netflix reported Q2 2026 earnings of $0.80 a share on Jul 16, 2026, beating the $0.79 consensus estimate by 1.5%. Revenue was $12.6B against a $12.6B estimate.

Netflix posted a largely in-line second quarter for fiscal 2026, delivering earnings per share of $0.80, just ahead of the $0.79 consensus estimate by 1.48%, while revenue of $12.56 billion came in fractionally below the $12.58 billion forecast but still reflected 13.4% year-over-year growth. The modest EPS beat was driven in part by favorable expense timing, with content amortization growth front-loaded in the first half and expected to moderate in the back half of the year, helping the company achieve a 33.4% operating margin slightly ahead of internal targets. Operating income rose 11% to $4.19 billion, with double-digit revenue growth across all four geographic segments underscoring the breadth of the platform's global momentum. Free cash flow declined to $1.53 billion from $2.27 billion a year ago, partly reflecting higher cash tax payments, though full-year free cash flow guidance holds at approximately $12.50 billion. Looking ahead, Netflix narrowed its 2026 revenue outlook to $51.00 to $51.40 billion, implying 13% to 14% growth, with advertising revenue expected to roughly double to around $3.00 billion.