Netflix reported its first-quarter 2026 earnings Thursday, revealing that during the January-March period it smashed analyst expectations in both revenue and earnings. Revenue reached $12.25 billion, up 16% from the comparable 2025 quarter. Though Netflix no longer discloses total subscriber count on a quarterly basis, the streamer said it does attribute that Q1 revenue growth to “slightly higher-than-planned subscription revenue.” Across territories, revenue was up 14% year over year in the U.