Netflix revenue reaches $12.56 billion in Q2

• Netflix reported Q2 revenue of $12.56 billion and EPS of $0.80, producing a mixed result against analyst forecasts.
• Netflix shares fell 4.2% in after-hours trading after revenue and third-quarter guidance missed expectations.
• Netflix is expanding advertising, live programming and short-form publisher content to support future revenue growth.

Netflix (NASDAQ:NFLX) reported Q2 revenue of $12.56 billion and EPS of $0.80, beating earnings forecasts but missing revenue estimates.

Revenue rose 13% from $11.07 billion a year earlier, while net income increased nearly 9% to $3.4 billion.

Netflix narrowed its 2026 revenue forecast to $51–$51.4 billion from the previous $50.7–$51.7 billion range.

The company forecast Q3 revenue of $12.86 billion and EPS of $0.82, below estimates of $13 billion and $0.84.

Following the announcement, Netflix's share price was down 4.2% at about $71.23 in after-hours trading.

Meanwhile, Netflix will add short publisher videos in six markets from August 3 through deals with BuzzFeed, Condé Nast, Hearst and Penske.

Elsewhere, Netflix exited the Warner Bros. Discovery bidding in February and said 2026 advertising revenue should reach $3 billion.