Netflix Reports 44% Surge in Q3 Profits to $3.66 Billion
Profits for the major streaming service rose to $3.66 billion, driven by an 11% growth in revenue.
Translated by Qiyas from الجريدة — Original source
The company stated that this increase reflects strong revenue growth and improved operating profitability.
Net income rose to $3.66 billion, or $0.87 per share, during the quarter, compared with $2.55 billion, or $0.59 per share, in the same period last year.
Revenues increased by 11.8% to $12.87 billion, up from $11.51 billion a year earlier. Revenue growth was primarily driven by subscription revenues, fueled by an increase in the number of subscribers and price hikes, alongside higher advertising revenues and favorable foreign exchange movements.
Operating income rose by 37.3% to $4.46 billion, compared with $3.25 billion in the previous year, while the operating margin expanded to 34.6%, up from 28.2%.
The streaming giant said it would continue to expand its content library through licensing agreements and the addition of third-party content.
“The company added, ‘Our audience, approaching one billion people, combined with our exceptional content delivery capabilities, makes us an ideal partner for studios, broadcast networks, and creative talent.’
For the full year 2026, the company expects revenues to reach $51.1 billion, representing a 13% increase, with an operating margin of 31.5%. It also anticipates free cash flow to total approximately $12 billion for the year.
