The big beat at the bottom line was thanks in large part to a $2.8 billion termination fee Netflix received for not getting Warner Bros. (and paid out by Paramount). The result has cash flow fans salivating.

Netflix ( NFLX) is expected to report first quarter results after the bell on Thursday after it lost the battle for the acquisition of Warner Bros. Discovery ( WBD) to Paramount Skydance ( PSKY) and raised its subscription prices.

Netflix reported its first-quarter 2026 earnings Thursday, revealing that during the January-March period it strongly beat analyst expectations in revenue and earnings. The results come on the heels of Netflix’s back-and-forth battle with Paramount Skydance for Warner Bros.

The streaming giant's latest results featured strong earnings, but a worrying top-line trend suggests the stock could be overvalued.

A glamorous night meant to showcase Hollywood connections has instead sparked fresh questions about Prince Harry and Meghan Markle. After The Netflix Removes Harry And Meghan Photos In Strange Move

The two CEOs received largely the same pay packages in 2025, with a lower bonus than the prior year.

Reed Hastings will step down from Netflix's board in June Wall Street was expecting earnings of $1.34 per share on revenue of $12.17 billion, per analyst estimates compiled by Yahoo Finance. Shares of the streamer fell over 9% in after-hours trading.

Netflix has officially revealed the cast and premiere date for its brand-new Laguna Beach-style reality series!