Netflix (NFLX) — Research Summary as of August 6, 2026

Recent Key Catalysts (Last ~1–3 Months)

Q2 2026 Earnings (Reported July 16, 2026)

Netflix reported Q2 2026 results that painted a mixed picture. Revenue came in at $12.56 billion, up 13% year over year and a record quarterly high [2][17], but slightly missed analyst expectations of ~$12.59 billion [2]. EPS of $0.80 beat the consensus estimate of approximately $0.79 [5][19]. Operating margin improved to 32.3%, driven by subscriber additions, price hikes, and advertising growth [11].