Netflix (NFLX) is set to report its Q4 earnings on Tuesday, January 20, 2026, after market hours. The streaming giant’s stock has dropped 6% in the first 11 trading days of the year. Notably, this will be Netflix’s first quarterly report following a 10-for-1 stock split in November.
Analysts expect Q4 sales to rise by 17% year-over-year to $11.97 billion, with earnings per share (EPS) projected to increase by 28% to $0.55. Additionally, Netflix announced a potential acquisition of Warner Bros. Discovery, valued at $82.7 billion, which could boost its subscriber count by 95-100 million, pushing the total to over 370 million.
Warner Bros’ board has recommended the Netflix offer, citing greater value certainty compared to competing bids. If successful, the acquisition would enhance Netflix’s position as a leader in the streaming landscape, particularly against competitors like Disney and Amazon, both with over 200 million subscribers.
