NSE:SBILIFE 17 December 2025

April 17, 2026, 7:54 AM EDT. Netflix stock plunged 9% in after-hours trading following its Q1 2026 earnings report. While revenue beat estimates at $12.25 billion, the company's forecast for Q2 revenue growth of 13% disappointed investors expecting stronger momentum. Net income nearly doubled to $5.28 billion, boosted by a $2.8 billion termination fee related to a failed Warner Bros. Discovery deal, complicating direct comparisons. Co-founder and board chairman Reed Hastings announced he will not seek reelection, marking his full exit from Netflix's leadership. Despite strong advertising revenue growth and record engagement, the market focused on cautious guidance and near-term margin pressure due to front-loaded content spending. Netflix maintained full-year revenue guidance of around $51 billion, but investors remain watchful of Q2 performance for signs of growth acceleration.