Netflix Issues Weaker-Than-Expected Q4 Forecast and Trims Ad Revenue Outlook

Netflix reported stronger-than-expected third-quarter results but issued a weaker-than-expected forecast for fourth-quarter profit, leading to a decline in its shares. The streaming giant also trimmed its 2026 advertising revenue forecast to approximately $2.7 billion from $3.0 billion due to a slower-than-anticipated rollout of ad product capabilities.