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Netflix NFLX Q2 2026 earnings

Reported July 16, 2026 · After market close

Revenue$12.6BMiss by $21.2M
EPS$0.80Beat by $0.01
Revenue estimate$12.6B
EPS estimate$0.79

Earnings data and commentary were extracted with AI from company filings and may contain errors. Verify important details in the filing.

Next report

Oct 20, 2026 (In 2 weeks)
Revenue estimate$12.9B
EPS estimate$0.82

Financials

Q2 2026

Income statement

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Revenue$12.6B+13.4%
Gross profit$6.5B+13.4%
Operating income$4.2B+11.1%
Net income$3.4B+8.8%
EPS (diluted)$0.72-90.0%

Balance sheet

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Cash & equivalents$9.1B+11.3%
Total debt$14.3B-15.5%
Total equity$30.2B+20.8%
Total assets$58.5B+10.1%

Cash flow

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Operating cash flow$1.7B-28.0%
CapEx$218.6M+40.3%
Free cash flow$1.5B-32.7%

Valuation & ratios

Valuation

as of 10/02/26
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Market cap$282.52B-42.8%
Enterprise value$287.73B-42.7%
P/E20.7×-26.7×
P/S5.8×-5.5×

Profitability

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Gross margin49.1%+0.6pp
Operating margin29.7%+0.2pp
Net margin28.2%+3.6pp
FCF margin23.1%+2.7pp

Returns & leverage

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Return on equity49.5%+6.0pp
Debt / equity0.5×-0.2×
Current ratio1.1×-0.2×

Segments

By segment

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Reportable Segment$12.6B+13.4%

By geography

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United States$12.6B—

By product

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Streaming$12.6B+13.4%

FAQ

When did Netflix report Q2 2026 earnings?
Netflix (NFLX) reported Q2 2026 earnings on July 16, 2026 after market close.
What were Netflix's Q2 2026 revenue and EPS?
Netflix reported revenue of $12.6B and eps of $0.80 for Q2 2026.
Did Netflix beat estimates in Q2 2026?
Revenue missed the consensus estimate of $12.6B by $21.2M. EPS beat the consensus estimate of $0.79 by $0.01.
How did Netflix's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 13.4% from $11.1B a year earlier and eps grew 11.1% from $0.72.
Where can I find Netflix's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001065280-26-000211) and the 10-Q periodic report (0001065280-26-000212) directly on SEC EDGAR. The filing index links above go to sec.gov.