Key Points Netflix's year-over-year revenue growth has fallen for two straight reported quarters, from a 17.6% peak to 13.4%. Management's third-quarter forecast calls for about 12% growth, a third consecutive slowdown if it lands. Engagement, pricing, and advertising trends suggest tough comparisons are doing more of the slowing than demand. 10 stocks we like better than Netflix › Netflix (NASDAQ:NFLX) is still growing at a double-digit rate. It just isn't growing like it was a year ago. The streaming service company's revenue rose 16.2% year over year in the first quarter of 2026 and 13.4% in the second, down from 17.6% growth in the fourth quarter of 2025. And management's forecast calls for about 12% growth in the third quarter.
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