Netflix founder Reed Hastings to step down from board; Q1 2026 results announced
Filed April 16, 2026 · Period ending April 10, 2026 · ~1 min read
Key Changes
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Reed Hastings, Netflix's founder and current Chairman, will not seek re-election at the 2026 annual meeting, ending his board tenure when his term expires. He continues as Chairman until then, with no reported disagreements.
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Netflix announced Q1 2026 financial results through its shareholder letter, including both GAAP and non-GAAP metrics with standard reconciliation tables.
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Company disclosed it cannot reconcile forward-looking non-GAAP guidance to GAAP due to unpredictable timing of capital expenditures and currency fluctuations—standard language that may limit comparability of future projections.
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Generated by AI · Jun 8, 2026 5:41 PM