StockWatch
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Consumer Electronics/Video Chains
Quarterly ResultJul 17, 2026, 04:07 PM

Netflix Receives $2.8B WBD Termination Fee; Q2 Net Income $3.4B

AI Summary

Netflix reported strong financial results for the second quarter and first half of 2026. Revenues for Q2 2026 increased 13.4% to $12.56 billion, with net income rising 8.8% to $3.40 billion and diluted EPS reaching $0.80. The company also received a significant $2.8 billion termination fee from Warner Bros. Discovery in the first quarter of 2026, contributing to a 44.3% surge in six-month net income to $8.68 billion. Operating cash flow for the first half of the year also saw substantial growth.

Key Highlights

  • Received $2.8 billion termination fee from Warner Bros. Discovery in Q1 2026.
  • Q2 2026 revenues increased 13.4% to $12.56 billion.
  • Q2 2026 net income rose 8.8% to $3.40 billion.
  • Q2 2026 diluted EPS grew 11.1% to $0.80.
  • Six-month net income surged 44.3% to $8.68 billion, boosted by WBD fee.
  • Six-month operating cash flow increased 35% to $7.03 billion.
  • UCAN revenue grew 10.2% to $5.43 billion in Q2 2026.
  • EMEA revenue increased 14.0% to $4.03 billion in Q2 2026.