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Todd Spangler
NY Digital Editor
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Getty Images Netflix‘s third-quarter 2026 earnings met revenue expectations and it slightly beat on the bottom line. But the streamer faces an urgent need to refresh its queue: Revenue growth in the period slowed to its lowest rate in three years, and the company just laid off 1,000 employees in a restructuring effort to reposition itself.
Netflix posted Q3 revenue of $12.87 billion, up 11.8% year-over-year. That’s compared with 17% top-line growth a year ago. Net income came in at $3.66 billion (versus $2.55 billion a year earlier), translating to earnings of 87 cents per share. Operating margin was 34.6%, versus 33.2% expected.
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