Netflix (NFLX.US) Q3 revenue up 12% year-over-year; full-year advertising revenue forecast cut; shares fall over 5% after hours.

date
21/10/2026
Zhitong Finance APP has learned that after the U.S. stock market closed on Tuesday, streaming giant Netflix (NFLX.US) released its third-quarter 2026 financial report, and its shares fell more than 5% in after-hours trading. Driven by subscriber growth, membership price increases, and higher advertising revenue, the company's quarterly revenue rose nearly 12% year over year, net profit surged 44% year over year, and operating margin further expanded. However, because the rollout of some advertising product features was slower than expected, Netflix lowered its full-year advertising revenue forecast and slightly cut its full-year revenue outlook.