Netflix, With Warner Bros. Off the Table, Beats Q1 Earnings Expectations

By Jennifer Maas

Jennifer Maas

TV Business Writer

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Netflix reported its first-quarter 2026 earnings Thursday, revealing that during the January-March period it smashed analyst expectations in both revenue and earnings.

Revenue reached $12.25 billion, up 16% from the comparable 2025 quarter. On these results, Netflix is reiterating its previous forecast of $50.7 billion-$51.7 billion in revenue for the full year 2026.

Across territories, revenue was up 14% year over year in the U.S. and Canada ($5.2 billion), 17% in Europe, the Middle East and Africa ($4 billion), 19% in Latin America ($1.5 billion) and 20% in the Asia-Pacific region.

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