Netflix intensifies bid for Warner Bros.
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Netflix revenue came in at $12.1 billion for October through December—topping forecasts of $11.97 billion for the quarter.
A broader set of sectors will be represented when 35 more S&P 500 companies report earnings this week, including Netflix, Procter & Gamble, and Intel.
The streaming pioneer narrowly topped Street consensus for revenues with $12.05B (reflecting year-over-year growth of 17.6%) and boosted operating income by 30% (to $2.96B). Operating margin rose from a year-ago 22.2% to 24.5%.
Yet even as growth in new users and viewing has slowed, Netflix has sustained double-digit sales growth by raising prices and introducing advertising. The company expects to raise prices in 2026 and predicts ad sales will double this year from US$1.5 billion in 2025.