Wednesday, 21 October 2026 Updated 57 min ago
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Netflix Q3 Revenue Meets Wall Street Estimates, Q4 Earnings Will Be Crimped by Costs Associated With Mass Layoffs

Netflix’s third-quarter 2026 earnings met revenue expectations and it slightly beat on the bottom line.

Netflix Los Angeles Offices
Image: Variety · via Variety

Variety reports: 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.

This business story centres on the United States. Names and organisations mentioned in the coverage include Netflix Q, Revenue Meets Wall Street and Earnings Will Be Crimped.

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Key details

Location
United States · Americas
Reported by
Variety
First reported
Key names
Netflix Q, Revenue Meets Wall Street, Earnings Will Be Crimped, Costs Associated With Mass
Section
Business

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at Variety

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