Will Netfilx report double digit % growth in their quarterly revenue on Thurs?
72% of users predicted YES — the community got this one right. 29 predictions cast.
Netflix reported second-quarter 2026 revenue of $12.6 billion on July 16, up 13% year over year, exceeding the double-digit growth threshold in the question. The company said the increase was driven by membership growth, pricing changes, and higher advertising revenue, with double-digit growth in every region it tracks, including EMEA, LATAM, and APAC. Operating income rose 11% to $4.2 billion, though operating margin slipped slightly to 33.4% from 34.1% a year earlier. Diluted earnings per share came in at $0.80, up from $0.72 in the prior-year quarter. Despite the strong headline growth, shares fell after the report as Netflix narrowed its full-year 2026 revenue outlook to $51.0-$51.4 billion and guided to a somewhat softer 12% revenue growth rate for the third quarter, reflecting only a partial-quarter impact from a recent U.S. and Canada price change. Investors focused on that forward guidance rather than the quarter's already-known results, which matched what analysts had broadly expected.
The community correctly predicted the outcome, with 72% forecasting double-digit revenue growth.