Netflix reports $12.6 billion revenue and $0.80 EPS for Q2 2026

Netflix released its second-quarter 2026 results on Thursday, 16 July 2026, after the US market close. Revenue reached $12.6 billion, up 13% year over year and roughly in line with analyst expectations. Diluted earnings per share came in at $0.80, up from $0.72 in the second quarter of 2025 and slightly above market estimates.

Operating income was $4.2 billion (up 11% year over year) and the operating margin was 33.4%, versus 34.1% in the second quarter of 2025. The company said revenue grew at double-digit rates across all geographic regions.

For the third quarter of 2026, Netflix guided to 12% revenue growth (11% on a currency-neutral basis) and a 33.2% operating margin, compared with 28.2% a year earlier. The stock had fallen about 21% since the start of 2026 heading into the report.