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NFLX Q1 2026
Netflix reported first-quarter 2026 results and described its content, live-programming, advertising, pricing and distribution priorities.
Reported outcomes
- Revenue
- US$12.250 billion
- Up 16% from US$10.543 billion in Q1 2025
- Free cash flow
- US$5.1 billion
- Up from US$2.7 billion in Q1 2025, partly reflecting a transaction termination-fee receipt
- APAC revenue
- US$1.509 billion
- Up 20% year over year
Management guidance
- Netflix continued to expect approximately US$3 billion of 2026 advertising revenue, about twice the 2025 level.
Market reaction
-9.66%
2026-04-15 $107.71 → 2026-04-17 $97.31
Prior trading close to first full trading-session close after the published release date
Open historical market dataPrimary sources
Netflix Q1 2026 Shareholder LetterNetflix, Inc. · earningsVerified
Netflix Investor RelationsNetflix, Inc. · companyVerified
Fetched: 7/11/2026, 12:00:00 AM UTC
Open original sourceNetflix SEC FilingsNetflix, Inc. · filingVerified
Fetched: 7/11/2026, 12:00:00 AM UTC
Open original sourceNFLX editorial research profileAlphaVue Research · editorialVerified
Fetched: 7/11/2026, 12:00:00 AM UTC