Inferra AI / Company / NFLX
Netflix
NFLX · Communication Services
Last earnings Oct 20, 2026
Key results
Revenuefull-year
13%
htm EX-99.1 Document Exhibit 99.1 July 16, 2026 Fellow shareholders, Our financial performance remains solid and we re on track to meet our objectives for the year Q2 revenue grew 13% year over year (+12% on a FX-neutral basis 1 ) to $12.6B, and operating margin was 33%.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Revenuequarter
12%
htm EX-99.1 Document Exhibit 99.1 July 16, 2026 Fellow shareholders, Our financial performance remains solid and we re on track to meet our objectives for the year Q2 revenue grew 13% year over year (+12% on a FX-neutral basis 1 ) to $12.6B, and operating margin was 33%.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Operating marginquarter
33%
htm EX-99.1 Document Exhibit 99.1 July 16, 2026 Fellow shareholders, Our financial performance remains solid and we re on track to meet our objectives for the year Q2 revenue grew 13% year over year (+12% on a FX-neutral basis 1 ) to $12.6B, and operating margin was 33%.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
We delivered double digit revenue growth in all regions, surpassing the quarterly revenue mark of $4.0B in EMEA and $1.5B in both LATAM and APAC.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Operating incomequarter
$4.2B
Operating income in Q2 was $4.2B, up 11% year over year, and operating margin was 33.4% versus 34.1% in Q2 25.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Growthquarter
up 11%
Operating income in Q2 was $4.2B, up 11% year over year, and operating margin was 33.4% versus 34.1% in Q2 25.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
EPSquarter
$0.80
Diluted EPS for the quarter amounted to $0.80 vs.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
We project an operating margin of 33.2% compared with 28.2% in the year ago quarter.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Building out our ads business continues to be a top priority and we remain on track to deliver approximately $3 billion in ads revenue in 2026.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Free cash flowquarter
$1.5B
Free cash flow (FCF) 10 in Q2 26 totaled $1.5B vs.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Q2'24 As Reported Constant Currency Adjustment Hedging (Gains) Losses Included in Revenues Constant Currency Revenues As Reported Hedging (Gains) Losses Included in Revenues Revenues Less Hedging Impact Reported Change Constant Currency Change UCAN $ 4,929,003 $ 8,036 $ (6,431) $ 4,930,608 $ 4,295,560 $ (3,183) $ 4,292,377 15 % 15 % EMEA 3,538,175 (122,664) 42,049 3,457,560 3,007,772 (15,344) 2,992,428 18 % 16 % LATAM 1,306,735 161,306 14,033 1,482,074 1,204,145 (1,759) 1,202,386 9 % 23 % APAC 1,305,253 (16,166) (12,266) 1,276,821 1,051,833 (13,015) 1,038,818 24 % 23 % Three Months Ended Three Months Ended Change September 30, 2025 September 30, 2024 Q3'25 vs.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Net incomequarter
$3,401,414 thousand
Net income $ 3,401,414 $ 5,282,791 $ 3,125,413 $ 8,684,205 $ 6,015,764
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
AI analysis
Q2 2025 · reported Jul 16, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 12% | — | — |
| Operating margin | 33% | — | — |
| Operating income | $4.2B | — | — |
| Growth | up 11% | — | — |
| EPS | $0.80 | — | — |
| Free cash flow | $1.5B | — | — |
| Net income | $3,401,414 thousand | — | — |
Guidance · company-stated
No guidance located in the held release
Margin
Cash flow & capex
Capital allocation
We prioritize reinvestment in the business, both organically and through selective M A, while maintaining a healthy balance sheet and ample liquidity, and then returning excess cash to shareholders via share repurchases.
In April, our Board of Directors authorized the repurchase of an additional $25B of our stock on top of the $6.8B of capacity we had remaining as of the end of Q1.
Company-stated claims
Historical · 2.5x · revenue
“In 2025, which was only our third year selling advertising, ad revenue grew by more than 2.5x vs.”
EX-99 · Jan 20, 2026Event summary
The results of our recent price changes are consistent with prior changes and our expectations
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
We prioritize reinvestment in the business, both organically and through selective M A, while maintaining a healthy balance sheet and ample liquidity, and then returning excess cash to shareholders via share repurchases.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
In April, our Board of Directors authorized the repurchase of an additional $25B of our stock on top of the $6.8B of capacity we had remaining as of the end of Q1.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
In Q2, we bought back $4.7B of stock, our largest quarter of share repurchases, and we currently have $27.1B of capacity left in our remaining authorizations.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
We ended the quarter with gross debt of $14.4B and cash and cash equivalents of $9.1B.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
We have $1B of debt maturing later this year, which we plan to refinance.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
com netflixir 8 Use of Non-GAAP Measures This shareholder letter and its attachments include reference to the non-GAAP financial measures of F X neutral revenue and adjusted operating profit and margin, free cash flow and net debt.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Strategy & priorities
Building out our ads business continues to be a top priority and we remain on track to deliver approximately $3 billion in ads revenue in 2026.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
As part of this test and learn strategy, last week we began re-testing free trials for non-rejoining new members in a number of markets around the world (excluding the US and UK).
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
The goal of separating the publication of the report from our earnings results is to keep the focus on our primary financial metrics revenue and operating profit.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
We prioritize reinvestment in the business, both organically and through selective M A, while maintaining a healthy balance sheet and ample liquidity, and then returning excess cash to shareholders via share repurchases.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Management believes that free cash flow is an important liquidity metric because it measures, during a given period, the amount of cash generated that is available to repay debt obligations, make strategic acquisitions and investments and for certain other activities like stock repurchases.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Risks & headwinds
The forward-looking statements in this letter are subject to risks and uncertainties that could cause actual results and events to differ, including, without limitation our ability to attract new members and engage and retain existing members our ability to compete effectively, including for consumer engagement with different modes of entertainment failing to improve the variety and quality of entertainment offerings adoption of the ads plan and paid sharing maintenance and expansion of device platforms for streaming fluctuations in consumer usage of our service service disruptions production risks macroeconomic conditions content slate and timing of content releases.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
A detailed discussion of these and other risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, filed with the Securities and Exchange Commission ( SEC ) on January 23, 2026.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Investors should anticipate that actual performance will vary from these forecast numbers based on risks and uncertainties discussed above and in our Annual Report on Form 10-K.
SEC original ↗Netflix — Earnings release (8-K exhibit)EX-99Jul 16, 2026
Legal Proceedings 39 Item 1A.
SEC original ↗Netflix — 10-Q Quarterly report10-QOct 21, 2026
Legal Proceedings From time to time, in the normal course of its operations, the Company is subject to litigation matters and claims, including claims relating to employee relations, business practices and patent infringement.
SEC original ↗Netflix — 10-Q Quarterly report10-QOct 21, 2026
Litigation can be expensive and disruptive to normal business operations.
SEC original ↗Netflix — 10-Q Quarterly report10-QOct 21, 2026
Earnings deck slides
0 decks with slide viewNetflix — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Netflix — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Netflix — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Netflix — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Netflix — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Netflix — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Netflix — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
46 documents- Q3 2026
- 10-QNFLX
Oct 21, 2026
- 8-KNFLX
Oct 20, 2026
- Q2 2026
- 8-KNFLX
Jul 30, 2026
- 8-KNFLX
Jul 22, 2026
- 10-QNFLX
Jul 17, 2026
- 8-KNFLX
Jul 16, 2026
- Q1 2026
- 8-KNFLX
Jun 5, 2026
- 8-KNFLX
Apr 23, 2026
- 10-QNFLX
Apr 17, 2026
- 8-KNFLX
Apr 16, 2026
- Q4 2025
- 8-KNFLX
Feb 27, 2026
- 10-KNFLX
Jan 23, 2026
- 8-KNFLX
Jan 20, 2026
- 8-KNFLX
Jan 20, 2026
- Q3 2025
- 8-KNFLX
Dec 22, 2025
- 8-K/ANFLX
Dec 5, 2025
- 8-KNFLX
Dec 5, 2025
- 8-KNFLX
Nov 14, 2025
- 8-KNFLX
Nov 4, 2025
- 8-KNFLX
Oct 30, 2025
- 10-QNFLX
Oct 22, 2025
- 8-KNFLX
Oct 21, 2025
- Q2 2025
- 10-QNFLX
Jul 18, 2025
- 8-KNFLX
Jul 17, 2025
- Q1 2025
- 8-KNFLX
Jun 24, 2025
- 8-KNFLX
Jun 6, 2025
- 10-QNFLX
Apr 18, 2025
- 8-KNFLX
Apr 17, 2025
- Q4 2024
- 10-KNFLX
Jan 27, 2025
- 8-KNFLX
Jan 21, 2025
- Q3 2024
- 10-QNFLX
Oct 18, 2024
- 8-KNFLX
Oct 17, 2024
- Q2 2024
- 8-KNFLX
Aug 1, 2024
- 10-QNFLX
Jul 19, 2024
- 8-KNFLX
Jul 18, 2024
- Q1 2024
- 8-KNFLX
Jun 7, 2024
- 10-QNFLX
Apr 22, 2024
- 8-KNFLX
Apr 18, 2024
- Q4 2023
- 10-KNFLX
Jan 26, 2024
- 8-KNFLX
Jan 23, 2024
- Q3 2023
- 8-KNFLX
Dec 8, 2023
- 10-QNFLX
Oct 20, 2023
- 8-KNFLX
Oct 18, 2023
- Q2 2023
- 8-KNFLX
Sep 8, 2023
- 10-QNFLX
Jul 21, 2023
- 8-KNFLX
Jul 19, 2023
Earnings releases
7 documentsPresentations
7 documents
Transcripts
0 documentsNo transcripts for Netflix are held in this edition of the library.
Mentioned by
8 companiesOther tracked companies whose held documents mention Netflix by name or ticker. A mention is counted once per document, from the document text the library holds.
“n our revolving credit facility in Q1 to pay the $2.8 billion termination fee WBD owed to Netflix upon entering into our merger agreement.… …2,700 — Repayment of credit facility borrowings (900) — Repayment of notes and debentures (347) — Divid”
“tatements include, without limitation, statements regarding the… …termination fee paid to Netflix. • PSKY paid Netflix the $2.8 billion on WBD’s behalf under the terms of the merger agreement. The amount is refundable to PSKY in certain circumstances”
“ortunity & disciplined approach • Added Netflix as new partner through our acquisition of Netflix House Philadelphia; transforming popular digital intellectual property into physical, immersive… …negotiations to exit from certain joint ventures or th”
“surement and buying platform uniquely capable of valuing inventory across linear TV, CTV, Netflix, YouTube and Prime Video, which uniquely enables Viant to direct advertiser… …“forward-looking statements” within the meaning of the safe harbor provisi”
“io 63.0 % 65.6 % 62.0 %… … business separation and ~$82.7 billion sale of Warner Bros. to Netflix g Axalta's ~$25 billion merger with AkzoNobel g Cidara Therapeutics on its ~$9.2 billion sale to Merck g Sealed Air's $10.3… … 9.08 $ 14.56 ”
“YoY % Growth) Based on reported results if available or based on consensus expectations… …Netflix On Us, that provides every qualifying T-Mobile ONE family plan with a free Netflix standard subscription. This move brings Netflix's award-winning conte”
“lion on our revolving credit facility to pay the $2.8 billion termination fee WBD owed to Netflix upon entering into our merger agreement.… …$12.00 and capped at $16.02. Additionally, we replaced the previously planned rights offering with a dividend”
“). Loyalty We continue to strengthen MELI+ as its user base expands.… … includes Disney+, Netflix, HBO Max, Apple TV+, and our ecosystem benefits, all managed in a single subscription. This shows the strength of MELI+ as a distribution channel for ou”
See also the earnings calendar for every tracked company’s next earnings date.