Netflix Shares Fall 5.3% After Q3 Results; 2026 Ad Outlook Cut to $2.7 Billion

Third-quarter revenue was $12.874 billion, up 11.8% from a year earlier. Net income totaled $3.664 billion, and diluted earnings per share were $0.87. Operating margin rose to 34.6%, from 28.2% a year earlier. For the fourth quarter, Netflix forecast revenue of $13.442 billion, an 11.5% year-over-year increase, and diluted earnings per share of $0.67. Its full-year outlook included $51.1 billion in revenue and a 31.5% operating margin. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost