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News 2026-10-21 11:59 UTC

Netflix Narrows FY26 Revenue Guidance and Issues Lower Q4 Outlook

Netflix reported Q3 revenue of $12.874 billion and EPS of 87 cents. It expects Q4 revenue of $13.442 billion and EPS of 67 cents, below the cited estimates, and now forecasts FY26 revenue of $51.1 billion versus its prior range of $51.0 billion to $51.4 billion. Shares fell 7% to $63.86 in premarket trading.