๐ Netflix metrics surge, yet shares tumble
Netflix reported its Q1 2026 results, surpassing Wall Street expectations. The company's revenue reached $12.25 billion (a 16% year-over-year increase), while net profit climbed to $5.3 billion.
The Asia-Pacific region led the way in growth (+20%), followed by Latin America (+19%) and Europe (+17%). The company also reaffirmed its plan to generate $3 billion in advertising revenue this year, doubling its 2025 performance.
In a strategic shift, Netflix officially confirmed its withdrawal from the bidding war for Warner Bros. Discovery (WBD) assets, conceding to the Paramount-Skydance merger. Management stated they were “not prepared to overpay,” despite their expansion ambitions. Additionally, it was announced that co-founder Reed Hastings will step down from the Board of Directors this June.
Despite these strong figures, Netflix shares fell by 9% in after-hours trading. Investors were spooked by a projected slowdown in revenue growth for the second quarter (forecasted at +13%) and the absence of updated data regarding total subscriber counts.
Source: Dni Medialogistiki
