**Netflix’s Revenue Growth Slows in 2026**
Netflix (NASDAQ: NFLX) reported a decline in revenue growth for the first half of 2026, with year-over-year growth falling to 13.4% in Q2 2026, down from 15.9% in Q2 2025. The company’s operating margin was approximately 33.4% in Q2 2026. These figures follow a notable 40% decrease in stock price from a record high of $133.91 on June 30, 2025, to around $80 currently.
The decline in revenue growth is attributed to weakened tailwinds from new pricing tiers and hit shows. Despite this, Netflix anticipates revenue growth of 13% to 14% for the full year, projecting ad-supported revenue to double to $3 billion and operating margins to expand by 200 basis points. Analysts estimate a 42% increase in earnings per share for the year. The shift in Netflix’s reporting strategy to once-a-year disclosures of engagement metrics starting in 2027 also raises concerns among investors.
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