Aerial view of the Netflix logo displayed at the company’s offices on May 12, 2026 in Los Angeles, California.
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Netflix The company is scheduled to report quarterly results on Thursday as the media industry faces consolidation, spinoffs and increased competition.
Analysts surveyed by LSEG estimate that Netflix’s earnings for the year ending June 30 are as follows:
Earnings per share: Estimated 79 cents Revenue: Estimated $12.59 billion
Wall Street is particularly interested in the progress Netflix has made with its ad-supported lower price point, a theme likely to carry over into the second quarter. Advertising has once again become a major revenue driver for media companies as streaming subscriber growth has slowed in recent years.
Earlier this year, Netflix announced that its advertising revenue is expected to reach $3 billion in 2026. This will double advertising revenue compared to the previous year.
The company has also faced a number of new questions in recent months.
Late last year, Netflix produced the following play. warner bros discoverybefore ultimately exiting its film and streaming business. This proposed deal has sparked speculation about whether Netflix is interested in acquiring other assets.
The media industry in general is going through a period of upheaval as streaming transforms the long-standing pay-TV business and technology companies. googleYouTube and TikTok continue to capture more watch time from traditional forms of media.
Earlier this year, Netflix executives said in defending their move to acquire assets from WBD that the company faces strong competition among a wide range of viewing options.
Netflix’s stock price has fallen about 40% over the past year, and its bid to acquire WBD accelerated the decline.
Still, Netflix is considered to be far ahead of the streaming pack when it comes to subscriber numbers. The company announced in January that it has 325 million paid members worldwide.
Investors are also concerned about engagement on the Netflix platform following recent reports that viewership for Netflix series is declining after the first season.
KeyBank’s report earlier this week said investor sentiment and concerns bring it back to 2022, when the company reported its first decline in subscribers in more than a decade. In response, Netflix has stepped up efforts in various business areas, including cracking down on ad-supported tiers and password sharing.
“We believe this time around is likely to focus on content and product diversification that supports perceived content quality and helps improve hourly revenue,” Keybanc analysts said in a report on Sunday.
Netflix said in April that it expected second-quarter revenue to rise 13%, but reiterated an earlier warning that increased content spending would be weighed heavily in the first half due to the timing of releases. The company said at the time that it expected content amortization growth to decline in the second half of this year.
