Netflix Q2 revenue hits $12.6B, forecasts 31.5% margin

Netflix reported Q2 2026 revenue of $12.6B, up 13% year-over-year, while narrowing its full-year revenue forecast to $51.0-$51.4B with a maintained 31.5% operating margin target. The results demonstrate continued user engagement and monetization success, offsetting competitive pressures and highlighting the effectiveness of its current growth strategy.