Netflix, Inc. (NFLX)

The company now

Netflix reported third-quarter revenue of $12.9 billion on 20 October 2026, up 12 percent from a year earlier 1. Operating margin, the share of revenue left after running costs, rose to 34.6 percent from 28.2 percent 1. The company said subscriptions grew on more members and higher prices, and advertising revenue rose by $256 million 2.

The same letter lowered a goal: Netflix now expects about $2.7 billion of ad revenue in 2026, against about $3 billion before, and blames a slower rollout of some ad tools 1. For the full year it expects revenue of $51.1 billion and an operating margin of 31.5 percent 1.

On 14 October 2026 Netflix told staff it would let go of about 6 percent of its workforce, nearly 1,000 jobs, mostly in product, technology, legal and human resources, AP reported 8. The company said the cuts take about 120 basis points off its fourth-quarter operating margin, which it guides to 26.0 percent 1.

The open question is viewing time: the letter names "some investor concern about our view hours growth" and says the company seeks to speed it up 1. Members watched more than 97 billion hours in the first half of 2026, up 2 percent 4.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.