Netflix, Inc. reported its financial results for the quarter ended September 30, 2026, in a Form 8-K filed on October 20, 2026. The company announced that Q3 revenue grew 12% year over year, reaching $12.9 billion, which was consistent with its forecast.
For the third quarter, operating income totaled $4.5 billion, representing a 37% increase compared to the same period in 2025. This resulted in an operating margin of 34.6%, an improvement from 28.2% in Q3 2025. Diluted earnings per share (EPS) for the quarter were $0.87, up 49% year over year from $0.59.
Looking ahead, Netflix provided its forecast for the fourth quarter of 2026. The company expects Q4 revenue of $13.4 billion, representing 12% year-over-year growth. However, the company projects a Q4 operating margin of 26.0%, which includes a negative impact of approximately 120 basis points due to recently announced headcount reductions. Based on this Q4 forecast, Netflix anticipates full-year 2026 revenue of $51.1 billion, a 13% increase year over year, and an operating margin of 31.5%.
In terms of content, the company highlighted several successful releases in Q3, including the series "Facing El Chapo" and the film "The Last House." The company also noted its partnership with TF1 in France and Disney to bring additional content to its service. Additionally, Netflix announced that it will introduce its advertising tier to 15 new countries in 2027, beginning with nine countries in EMEA in March.
