Netflix Shines in Q4 Earnings Report, Surpassing 325M Subscribers Globally
On Tuesday, January 20, 2026, Netflix outperformed expectations with its Q4 results. The streaming behemoth reported a revenue of $12.05 billion, exceeding Wall Street’s prediction of $11.96 billion. The company also revealed a significant surge in its subscriber base, now boasting over 325 million members worldwide.
The earnings per share were reported at $0.56, marginally outdoing analyst anticipations of $0.55. Highlighting the triumph of its ad-supported membership tier introduced in late 2022, the company’s advertising revenue saw an increase of more than 2.5 times from 2024, reaching over $1.5 billion in 2025.
Looking ahead, Netflix anticipates its 2026 revenues to fall between $50.7 billion and $51.7 billion, reflecting a 12%-14% growth. Projections indicate a potential doubling of ad revenue in 2026 compared to the previous year. Prior to the earnings announcement, Netflix revised its agreement to acquire Warner Bros. Discovery, switching to an all-cash deal valued at $27.75 per share, or $72 billion in equity value.
Source: CNBC