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Netflix Reports Q2 Earnings; Stock Drops After Guidance Update

Netflix reported second-quarter earnings with revenue of $12.56 billion, reflecting a 13% year-over-year increase. The company's stock dropped over 8% in after-hours trading following a narrowed revenue forecast for 2026. Netflix plans to reduce the frequency of its engagement reports and continues to focus on increasing ad revenue while exploring potential new offerings.

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Greg Peters Ted Sarandos Spencer Neumann

Our neutral summary

Netflix reported second-quarter earnings with revenue of $12.56 billion, reflecting a 13% year-over-year increase. The company's stock dropped over 8% in after-hours trading following a narrowed revenue forecast for 2026. Netflix plans to reduce the frequency of its engagement reports and continues to focus on increasing ad revenue while exploring potential new offerings.

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Original Headline

NETFLIX stock falls as company narrows guidance, says it will give fewer engagement updates...

Neutral Headline

Netflix Reports Q2 Earnings; Stock Drops After Guidance Update