Netflix is set to report fourth-quarter earnings, with focus on its pending acquisition of Warner Bros. Discovery’s assets. Quarterly reports have been steady, except for a miss last quarter. Analysts predict earnings per share of 55 cents and revenue of $11.97 billion. Netflix’s stock fell following the $72 billion acquisition announcement. Paramount Skydance launched a hostile bid for WBD, prompting Netflix to amend its offer to all-cash. Regulatory approval for the acquisition is uncertain. 2026 will be a defining year for Netflix as the bidding war unfolds.

Read more at CNBC: Netflix (NFLX) earnings Q4 2025