Netflix Ho-Hum Q2 Earnings Won’t Rally Sluggish Stock

Netflix‘s second quarter 2026 revenue reached $12.56 billion, the streamer reported on Thursday. Its net income was $3.401 billion, which dilutes to 80 cents per share. Wall Street predicted Netflix earnings per share (EPS) of 79 cents on revenue of $12.58 billion — both just a hair above what Netflix forecast for itself back in April. Netflix guessed its Q2 revenue would come in at $12.574 billion. Internal estimates had the June quarter’s net income at $3.327 billion, which would dilute to 78 cents per share. At the time, the streamer highlighted how it will soon be leveraging new advancements in generative-AI to “improve the member experience” (and, almost certainly, the company’s monetization). Netflix also revealed its push into vertical video, which is underway. Price hikes boosted p