Netflix Q1 EPS $1.23, rev $12.25B (+16% YoY); Hastings not standing for re-election

NETFLIX INC

2026-Q1 EPS reported $1.23 revenue$12,249,757,000

Q1 revenue $12.25B (+16% YoY), operating income $3.96B (+18% YoY), both slightly above guidance.
GAAP diluted EPS $1.23 (vs $0.66 YoY); includes $2.8B Warner Bros. termination fee in other income.
Full-year 2026 revenue guidance unchanged at $50.7-$51.7B; operating margin target 31.5%.
Ad revenue on track to double to ~$3B in 2026; ads plan over 60% of new sign-ups in ad countries.
Reed Hastings to not stand for re-election as director at June annual meeting; Chairman until then.

item 2.02 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

NETFLIX INC reported financial results for the quarter ended March 31, 2026.

Period: the quarter ended March 31, 2026
Result: reported results

Exact text from the filing

On April 16, 2026, Netflix, Inc. (the “Company”) announced its financial results for the quarter ended March 31, 2026.

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Source: SEC EDGAR

accession 0001065280-26-000137

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