Netflix reported Q1 2026 earnings per share $1.23, $0.44 above analyst estimate of $0.79.
Revenue reached $12.25 billion, up 16.2% YoY and beating the $12.18 billion consensus estimate.
Shares fell 7% in after‑market trading while co‑founder Reed Hastings announced his upcoming board departure.
Netflix projects full‑year 2026 revenue of $50.7‑$51.7 billion with an operating margin of 31.5%.