Netflix Inc (NASDAQ:NFLX) reported financial results for the first quarter of 2026 after the market close on Thursday. Here’s what you need to know from the streaming giant’s report.
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Netflix Q1 Earnings Highlights
Netflix reported first-quarter revenue of $12.25 billion, beating analyst estimates of $12.18 billion, according to Benzinga Pro. The company reported earnings of $1.23 per share for the quarter, beating estimates of 76 cents per share.
Total revenue was up 16% year-over-year in the first quarter, driven primarily by membership growth, higher pricing and increased ad revenue. Revenue was above company expectations due to stronger membership growth.
Cash generated from operations was $5.3 billion in the quarter, up from $2.8 billion year-over-year. Free cash flow came in at $5.1 billion. Netflix exited the quarter with …