Netflix

Q2 FY2026 EarningsQ2 FY26 reported mixed results relative to consensus: revenue of $12.56B slightly missed the $12.58B expected (-0.18%), while Diluted EPS of $0.80 exceeded the $0.78 consensus beat. Operating margin of 33.4% remained robust despite a 1.0pct YoY contraction. Net income was significantly bolstered by a $2.8B one-time merger termination fee from WBD in Q1, providing a substantial cash buffer, while the current quarter's organic growth was driven by 13% YoY revenue gains and expansion in LATAM and APAC.