Netflix has announced its financial results for the third quarter of 2026. The company's revenue increased by approximately 12 percent compared to the same period last year, rising to 12.9 billion dollars. Netflix's revenue in the third quarter of 2025 was at the 11.5 billion dollar level.
The company reported that the rise in subscription revenue was effective in the revenue growth. According to Netflix, growth in the number of members and the impact of pricing stood out in this increase. The expansion in advertising revenue and changes in foreign exchange rates also made a positive contribution to revenue performance.
Netflix's net profit also recorded a strong increase in the third quarter. The company's net profit rose from 2.54 billion dollars in the same period last year to 3.66 billion dollars, an increase of approximately 44 percent. Earnings per share rose from 59 cents to 87 cents.
The company expects its revenue to reach 13.4 billion dollars in the final quarter of the year. Netflix has set its revenue forecast for the full year 2026 at 51.1 billion dollars.
However, Netflix has revised its 2026 advertising revenue expectation downward. The advertising revenue expectation, which was previously projected at approximately 3 billion dollars, has been lowered to 2.7 billion dollars.
News Source: 12punto
