Netflix (NFLX.US) Q3 revenue increased by 12% year-on-year; full-year advertising revenue expectations revised downwards; stock price fell more than 5% after hours

According to Zhitong Finance APP, after the US stock market closed on Tuesday, streaming giant Netflix (NFLX.US) released its Q3 2026 financial report, with its share price dropping more than 5% after hours. Driven by growth in subscription users, higher membership prices, and increased advertising revenue, the company’s revenue grew nearly 12% year-over-year for the quarter, with net profit surging 44% year-over-year and operating profit margin further expanding. However, due to slower-than-expected rollout of certain advertising product features, Netflix lowered its full-year advertising revenue forecast and slightly revised down its annual revenue outlook.