Netflix Plans to Increase Spending on Films and TV in 2026, According to Financial Report

Netflix has released its Q4 2025 financial report as well as its shareholder letter, outlining financial goals for 2026. According to the company, the streamer saw $45.2 billion USD in revenue. The company is also aiming to increase its spend on films and TV by 10 percent in the new year.

On Tuesday, Netflix said that its amassed $45.2 billion in revenue is a strong 16 percent increase year-over-year. Ad revenue also rose nearly 2.5x to over $1.5 billion as well, largely thanks to its ad-supported subscription tier. In Q4 2025 alone, revenue increased 18 percent. As the streaming company heads into its planned acquisition of Warner Bros. Discovery, the streamer confirms that during Q4, Netflix subscriptions crossed 325 million.

With over 1 billion global users, Netflix reports increases in engagement, especially regarding original content, which is up 9 percent year-over-year. The final season of Stranger Things, for instance, saw 120 million views. The second season of Nobody Wants This amassed 31 million views. New shows such as The Beast in Me gained 12 million views.

As far as films are concerned, Guillermo del Toro’s Frankenstein recieved a substantial 102 million views while Wake Up Dead Man: A Knives Out Mystery garnered 66 million views.

Netflix anticipates that overall revenue in 2026 may range from $50.7 billion to $51.7 billion, driven by increases in membership prices and a projected rise in ad revenue throughout the year.  In 2026, the streamer is investing more into its films and TV. Netflix aims to expand its film and TV library by 10 percent.

Netflix is aiming to purchase Warner Bros. Discovery in 2026, marking a large transitional period for the company. This week, Netflix and Warner Bros. Discovery have amended the original acquisition deal to an all-cash transaction. Netflix and Warner Bros. Discovery announced that the transaction will continue to be valued at the original rate of $27.75 USD per share that the two companies have agreed upon. This year, Netflix is seeking regulatory approval as well as the greenlight from Warner Bros. Discovery stockholders.