NETFLIX INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Netflix delivered a strong Q1 2026 with revenue up 16.2% YoY to $12.25B, net income surging 82.8% to $5.28B, and operating cash flow nearly doubling to $5.29B, reflecting robust subscriber monetization and expanding margins.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 16.2% YoY to $12.25B in Q1 2026 (from $10.54B in Q1 2025), indicating continued strength in Netflix's paid membership base and average revenue per user, likely supported by the advertising tier and password-sharing crackdown initiatives.
Operating income rose 18.2% YoY to $3.96B, pushing the operating margin to 32.3% from 31.7% in the prior year period — a 56 basis point improvement — demonstrating operating leverage as revenue growth outpaced cost growth.
Net income surged 82.8% YoY to $5.28B, significantly outpacing revenue growth, which suggests meaningful non-operating gains (e.g., favorable foreign exchange, investment income, or tax benefits) in addition to operational improvements.
Revenue
$12.25B
++16.19% YoY
EPS (Basic)
$1.25
++83.82% YoY
Operating Income
$3.96B
++18.23% YoY
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