Netflix Shares Close 5.31% Lower After Fourth-Quarter Forecast Misses

Netflix (NFLX) shares closed 5.31% lower at $65.04 Wednesday, Oct. 21, after the company reported quarterly results and forecast fourth-quarter revenue and earnings below analyst estimates. Netflix reported third-quarter revenue of $12.874 billion, an 11.8% increase from a year earlier. Net income totaled $3.664 billion, and diluted earnings were $0.87 per share, above the $0.82 analyst consensus. Revenue matched the $12.874 billion consensus. Operating margin rose to 34.6% from 28.2% in the third quarter of 2025. For the fourth quarter, Netflix projected revenue of $13.442 billion, up 11.5% year over year, and diluted earnings of $0.67 per share.

Source: TokenPost