Thursday, July 16th, 2026 – 7:21 pm
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Netflix knows it’s in trouble. Or, rather, it knows people think it’s in trouble.
The streaming service – on paper, at least – posted decent numbers during its Q2 earnings report on Thursday. Revenue in the second quarter grew 13% YoY from $11.1 billion to $12.6 billion, in line with guidance.
But Netflix’s Q1 results looked alright at first, too, and yet shares still dipped more than 10% the next day. Shares fell 31% over the three months that followed, representing an 18-month low. (They dropped a further 8% after its Q2 results posted.)
