Netflix Inc. (NFLX) Earnings Analysis

Netflix Inc. (NFLX) delivered mixed results in Q1 FY2026 on revenue of $12.3B versus the $12.2B estimate (+16.2% YoY) and EPS of $1.23. The next Netflix Inc. (NFLX) earnings date is Jul 16, 2026. Below is the full Netflix Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Netflix Inc. (NFLX) Earnings Analysis — key stats

Next earnings dateJul 16, 2026
Latest reported quarterQ1 FY2026
Earnings verdictMixed
EPS beat rate5 of last 8 (quarters above estimate)
Avg next-day move±6.3% (over the last 8 reports)
Post-earnings directionUp 3 / Down 5 (of the last 8 reports)
Implied move (next report)±7.2% (options-derived · into Jul 16, 2026)
Revenue$12.3B (vs $12.2B est · +0.6% surprise · +16.2% YoY)
EPS$1.23 (vs $0.76 est · +61.2% surprise · +83.8% YoY)
Share price$77.65 (+4.7%)
Market cap$327.0B

Netflix Inc. (NFLX) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q2 2026$12.3B vs $12.2B est$1.23 vs $0.76 est+61.2%-9.7%Mixed
Q1 2026$12.1B vs $12.0B est$0.56 vs $0.55 est+1.4%-3.0%In line
Q4 2025$11.5B vs $11.5B est$0.59 vs $0.70 est-15.2%-9.9%Mixed
Q3 2025$11.1B vs $11.1B est$0.72 vs $0.71 est+1.4%-3.3%In line
Q2 2025$10.5B vs $10.5B est$0.66 vs $0.57 est+15.8%+2.7%Mixed
Q1 2025$10.2B vs $10.1B est$0.43 vs $0.42 est+2.4%+11.2%Mixed
Q4 2024$9.8B vs $10.1B est$0.54 vs $0.51 est+5.9%+8.8%Mixed
Q3 2024$9.6B vs $9.5B est$0.49 vs $0.47 est+4.3%-2.2%Mixed

What you'll find

Frequently asked questions

When is Netflix Inc.'s next earnings date?
Netflix Inc.'s (NFLX) next scheduled earnings date is Jul 16, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Netflix Inc. (NFLX) beat or miss earnings?
In Q1 FY2026, Netflix Inc. (NFLX) posted mixed results — revenue of $12.3B versus the $12.2B estimate (+0.6% surprise) and EPS of $1.23 versus $0.76 expected (+61.2% surprise). Magnisto decodes every Netflix Inc. (NFLX) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Netflix Inc. beat earnings estimates?
Over its last 8 reported quarters, Netflix Inc. (NFLX) beat Wall Street EPS estimates 5 times, most recently a mixed result in Q2 2026. Magnisto tracks every Netflix Inc. (NFLX) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Netflix Inc. stock move after earnings?
Over its last 8 quarterly reports, Netflix Inc. (NFLX) moved an average of ±6.3% the day after earnings — ranging from -9.9% (Q4 2025) to +11.2% (Q1 2025). The stock rose after 3 of those 8 reports and fell after 5. Heading into its next report on Jul 16, 2026, options-implied volatility is pricing in a move of roughly ±7.2% (derived). Magnisto tracks the realized post-earnings move for every Netflix Inc. (NFLX) quarter alongside the beat/miss verdict — past moves don't predict the next one.
What is the forecast for Netflix Inc. (NFLX) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Netflix Inc. (NFLX), anchored to the current $77.65 share price, so you can weigh the bull, base and bear cases for Netflix Inc. side by side.
Is Netflix Inc. (NFLX) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Netflix Inc. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.