Netflix — Jul 16, 2026 release

for the year: ◦ Q2 revenue grew 13% year over year (+12% on a FX-neutral basis 1 ) to $12.6B, and operating margin was 33%. Both were in-line with our guidance. ◦ For 2026, we’ve narrowed our forecasted revenue range to $51.0-$51.4B and continue to forecast an operating margin of 31.5%, both consistent with our prior guidance. • We’re delivering increasing value to our members; engagement is healthy, reflecting the quality, quantity, and variety of our offering: ◦ Harlan Coben’s I Will Find You is our most viewed new original series debut in 2026 and Swapped is on its way to becoming our second most viewed original animated film ever. ◦ View hours grew +2% in H1’26 vs. +1.5% growth in 2025, despite the competitive impact of the Winter Olympics and the World Cup this year. ◦ To better satisfy members, we’re continuing to expand the variety of our entertainment offering with video podcasts, creators like Danny Go! and Salish & Jordan Matter, and cloud TV games. • The results of our recent price changes are consistent with prior changes and our expectations. • We are leveraging AI to provide a more personalized, immersive and interactive experience for members, enhance ads capabilities for brands, and improve the quality of our series and films. • The entertainment industry remains dynamic and competitive. We aim to stay ahead by executing against our three areas of focus: delivering more entertainment value, le