NFLX•Netflix's third-quarter revenue rose 11.8% to $12.87 billion, the slowest growth in nearly three years, while the company lowered its 2026 advertising revenue forecast to roughly $2.7 billion from about $3 billion.
Netflix shares fell 3.8% in extended trading after third-quarter revenue increased 11.8% to $12.87 billion, in line with Wall Street estimates but the company's lowest growth rate in nearly three years. Netflix trimmed its 2026 advertising revenue forecast to roughly $2.7 billion from about $3 billion; its shares were down about 27% year to date as of Tuesday's close.
