Netflix Q3 Profit Jumps 44% to $3.66 Billion as Revenue Climbs 11.8%

Netflix Inc. (NFLX) on Tuesday reported third-quarter net income of $3.66 billion, or $0.87 per share, up 44% from $2.55 billion, or $0.59 per share, a year earlier. Revenue rose 11.8% to $12.87 billion from $11.51 billion, driven by membership and pricing increases, higher advertising revenue and favorable foreign exchange movements. Operating income climbed 37.3% to $4.46 billion, and operating margin expanded to 34.6% from 28.2%. For the fourth quarter, Netflix expects revenue of $13.44 billion, up about 11.5% year over year, and an operating margin of 26%. For full-year 2026, the company forecasts revenue of $51.1 billion, up 13%, an operating margin of 31.5% and free cash flow of approximately $12 billion.