Home > Industry News > Business The streamer maintained its 2026 guidance despite a surprise price increase in the U.S. and the collapse of its $83 billion Warner Bros. deal Netflix shares tumbled 9% on Friday after a weaker-than-expected forecast during its first quarter earnings. The streamer’s Q1 profit grew 82% to $5.23 billion, or $1.23 per share — helped by a $2.8 billion break-up fee from abandoning its Warner Bros. deal — as revenue climbed 16% to $12.3 billion, driven by higher pricing,