Netflix Q3 revenue meets Wall Street estimates as layoffs weigh on Q4 outlook

Netflix’s third-quarter 2026 earnings met revenue expectations and it slightly beat on the bottom line, Variety reported.

The company posted Q3 revenue of $12.87 billion.

Revenue growth in the period slowed, and Netflix laid off 1,000 employees in a restructuring effort to reposition itself.

Q4 earnings will be crimped by costs associated with mass layoffs.