Gregory Peters on financial guidance
From Netflix Inc ($NFLX) Q1 2026 Earnings Call · · Castify Earnings Call
“We've seen really good progress so far in this first quarter that builds on the solid momentum and results from 2025. So, given that, we are maintaining our guidance, our strong outlook for organic growth that we established for 2026. That's revenue growth of 12 to 14% operating margin at 31.5% that includes roughly doubling the advertising business to about 3 billion US dollars.”
On , Gregory Peters, Co-CEO, President & Director at Netflix Inc, spoke about financial guidance during Netflix Inc ($NFLX) Q1 2026 Earnings Call on Castify Earnings Call.
About Gregory Peters
During Netflix's Q1 2026 earnings call on April 16, 2026, Peters stated that the company was maintaining its full-year guidance for 12 to 14% revenue growth and a 31.5% operating margin, which includes roughly doubling the advertising business to about $3 billion. He noted that the advertiser base grew over 70% year-over-year in 2025 to more than 4,000 advertisers, and that programmatic advertising was on its way to becoming more than 50% of the non-live ads business. Peters described the video game market as a significant opportunity, citing approximately $150 billion in consumer spend excluding China and Russia. He also addressed a decision to walk away from a deal when its cost exceeded the net value to the business, saying the move tested the company's investment discipline. On the Q1 2025 earnings call, Peters declined to comment on specific sports rights opportunities, reiterating that the company's live event strategy remained focused on breakthrough events that make economic sense. He stated that Netflix did not have a five-year forecast or guidance, but that the company was working to build "the most loved and valued entertainment company." Peters also said that in the absence of meaningful M&A, growing free cash flow would be redeployed into share repurchases.