secwatch.observer — SEC 8-K summary
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Issuer:     NETFLIX INC (NFLX)
CIK:        0001065280
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001065280-26-000137
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065280/000106528026000137/0001065280-26-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065280/000106528026000137/nflx-20260410.htm
  HTML page:      https://secwatch.observer/filing/0001065280-26-000137

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