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Earnings preview

Netflix reports Tuesday: the numbers to know before NFLX earnings

Consensus is $0.82 a share vs $0.59 a year ago. Last quarter's revenue: $12.6B, +13.4% year over year.

The short version

  • Reports after the close on Tuesday, 20 October; consensus EPS $0.82 vs $0.59 a year ago.
  • Last quarter: revenue $12.6B (+13.4% YoY), net income $3.4B.
  • Stock down 24.8% in 2026.
Get the daily filings briefMovers, SEC filings and earnings before the open. Free.

Netflix (NFLX) reports results for its quarter ending September 2026 after the close on Tuesday, 20 October. The consensus forecast is earnings of $0.82 a share, based on 12 analyst estimates compiled by Zacks and published by Nasdaq. A year earlier the company reported $0.59 for the same quarter, so the forecast implies EPS growth of +39.0%.

Shares closed at $70.53 on Friday, 16 October, down 2.86% on the day, for a market value of about $302.34B according to Nasdaq. The stock is down 24.8% so far in 2026, and sits 43.2% below its 52-week closing high of $124.14 from 21 October.

What the last report showed

In its most recent quarterly report (a 10-Q for the period ended 30 June 2026, filed 17 July), Netflix reported revenue of $12.6B, up 13.4% from $11.1B a year earlier and 2.5% above the previous quarter's $12.2B. Net income was $3.4B, up from $3.1B. Diluted earnings per share came to $0.80 against $0.72 a year before.

$9.8B
2024-09
$10.2B
2024-12
$10.5B
2025-03
$11.1B
2025-06
$11.5B
2025-09
$12.1B
2025-12
$12.2B
2026-03
$12.6B
2026-06
Netflix quarterly revenue Source: SEC EDGAR XBRL

The earnings track record

Netflix has topped the consensus EPS estimate in 2 of the last 4 quarters, according to Nasdaq's earnings-surprise data. (These EPS figures are on the adjusted basis Zacks tracks, which can differ from the GAAP diluted EPS in the SEC filing.) Most recently, for the quarter ending June 2026, it reported $0.80 a share against a $0.79 forecast, a +1.3% surprise.

Reported EPS Consensus
$0.59
$0.69
Sep 2025
$0.56
$0.55
Dec 2025
$0.70
$0.76
Mar 2026
$0.80
$0.79
Jun 2026
Netflix: EPS vs. consensus Source: Nasdaq (Zacks)

Measured from the close before each report date to the close of the next session after it, the shares moved an average of 7.2% (in either direction) around the last 4 releases. The biggest swing was -9.9% around the report dated 21 October 2025.

What the forecast implies

The $0.82 consensus sits 2.5% above the $0.80 Netflix reported for the previous quarter.

NFLX daily close, 1 year Source: Yahoo Finance

Figures: SEC EDGAR (10-Q/10-K XBRL), Nasdaq earnings calendar and surprise history (Zacks), Yahoo Finance prices. Prices are closing prices unless marked.

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