Will Netflix say “Churn”?

Netflix said “Churn” 5 times on its Oct 20, 2026 call (FY26 Q3), and on 5 of its last 8 calls: 0, 1, 0, 0, 2, 2, 2, 5 times. As of Oct 24, 2026, Netflix said “Churn” on 1 of 3 calls with a settled Kalshi mention market since Apr 17, 2025 (33%), most recently on Apr 17, 2025. Parrot’s p for the next listing is 70% (n=3, from settlement history blended with transcripts), not a forecast.

70%from settlement history blended with transcripts · n=3counts: company speakers + operator
Last 10
1/3Last 10 settled, oldest to newest: yes no no
Streak
not said the last 2 times
Counts
company speakers + operator
Updated

Where it was said

quotes of at most 25 words; select an appearance

Netflix

Churn

Probability
70% · n=3
Settled
1/3 (33%)
Last calls
said in 5 of 8

Next listing counts: company speakers + operator

FY26 Q3 earnings call, Oct 20, 2026 · said 5 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

5 counted (0 in prepared remarks, 5 in Q&A).

Greg Peterscompanyqa · 3:39Hear it 3:34, Greg Peters In transcript

…best evidence that we have that we are delivering that value is churn. We have healthy retention in every region. Q3 churn, both globally and…

Spencer Wangcompanyqa · 34:02Hear it 34:00, Spencer Wang In transcript

…is from Sean Diffley of Morgan Stanley. What have you learned about churn and engagement following the most recent round of price increases compared with…

Every match in the transcript

FY26 Q2 earnings call, Jul 16, 2026 · said 2 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

2 counted (1 in prepared remarks, 1 in Q&A).

Spencer Wangcompanyprepared · 3:01Hear it 2:55, Spencer Wang In transcript

…understand what internal metrics provide confidence and how these translate into lower churn, pricing power, higher ads monetization, et cetera? At what point would slow…

Ted Sarandoscompanyqa · 13:51Hear it 13:45, Ted Sarandos In transcript

…drive disproportionate sign-ups, because of that acceleration, they can exhibit slightly higher churn. The results are exactly consistent with that trend and in line with…

FY26 Q1 earnings call, Apr 16, 2026 · said 2 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

2 counted (0 in prepared remarks, 2 in Q&A).

Spencer WangcompanyqaIn transcript

…decision to raise subscription prices in the U.S. recently? What are your early observations regarding the impact on customer acquisition and churn in the region?

Every match in the transcript

FY25 Q4 earnings call, Jan 20, 2026 · said 2 times (counts)

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FY25 Q3 earnings call, Oct 21, 2025 · not said

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FY25 Q2 earnings call, Jul 17, 2025 · not said

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FY25 Q1 earnings call, Apr 17, 2025 · said 1 time (counts)

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FY24 Q4 earnings call, Jan 21, 2025 · not said

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Every settled listing

newest first · 3 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Oct 21, 2025ChurnKalshiNo0
Jul 17, 2025ChurnKalshiNo0
Apr 17, 2025ChurnKalshiYes1

Questions

How many times did Netflix say “Churn” on its last earnings call?
Netflix said “Churn” 5 times on its Oct 20, 2026 call (FY26 Q3), and on 5 of its last 8 calls: 0, 1, 0, 0, 2, 2, 2, 5 times.
How often does Netflix say “Churn”?
As of Oct 24, 2026, Netflix said “Churn” on 1 of 3 calls with a settled Kalshi mention market since Apr 17, 2025 (33%), most recently on Apr 17, 2025.
What is the probability Netflix says “Churn” next time?
70%, from settlement history blended with transcripts (n=3). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Netflix: ‘Churn’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/NFLX/words/churn (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=netflix&word=churn · quotes: /api/v1/quotes?entity=netflix&word=… · columnar JSON in #parrot-data · llms.txt · MCP