---
schema_version: "secwatch.filing_event.v1"
accession: "0001065280-26-000137"
form_type: "8-K"
ticker: "NFLX"
cik: "0001065280"
company_name: "NETFLIX INC"
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:41:54.530673+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001065280-26-000137
- form_type: 8-K
- ticker: NFLX
- cik: 0001065280
- company_name: NETFLIX INC
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065280/000106528026000137/0001065280-26-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065280/000106528026000137/nflx-20260410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065280-26-000137
- JSON: https://secwatch.observer/filing/0001065280-26-000137.json
- Plain text: https://secwatch.observer/filing/0001065280-26-000137.txt

## Key facts
- Earnings Releases
  NETFLIX INC reported financial results for the quarter ended March 31, 2026.
  - Period: the quarter ended March 31, 2026
  - Result: reported results
  source text: On April 16, 2026, Netflix, Inc. (the “Company”) announced its financial results for the quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065280/000106528026000137/0001065280-26-000137-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.