Netflix stock tanks as Q3 revenue falls short: 'Nothing here to get excited about'
Oops, something went wrong Skip to navigation Skip to main content Skip to right column Netflix stock tanks as Q3 revenue falls short: 'Nothing here to get excited about' Jake Conley · Breaking Business News Reporter Updated Fri, July 17, 2026 at 11:16 PM GMT+3 5 min read NFLX Netflix (NFLX) stock fell over 7% on Friday as the company's third quarter outlook fell short of expectations and engagement trends failed to inspire confidence on the Street. The streaming giant reported earnings that beat estimates and revenue that was roughly in line with forecasts in Q2. Revenue grew 13.4% year over year to $12.56 billion, slightly underperforming Bloomberg consensus estimates of $12.58 billion. Revenue growth also moderated from 16.2% in the first quarter of this year. Earnings per share came in at $0.80, slightly beating analyst expectations of $0.79 and coming in above the $0.73 reported a year ago.
Published: July 17, 2026 1:47 pm
Source: Yahoo Finance — Read original