Netflix will consolidate its “What We Watched” viewership reports into a single annual document starting in 2027, moving away from its current biannual release schedule. According to the company’s Q2 2026 shareholder letter, the shift aims to decouple viewership data from quarterly financial results, keeping investor focus on revenue and operating profit.
## Why Netflix Is Changing Data Disclosure
Netflix began releasing its “What We Watched” reports in December 2023, providing a detailed look at subscriber engagement across its library. While the streamer will continue to publish these reports, the frequency is dropping from twice a year to once per year. The company stated in its shareholder letter that the change is designed to clarify how it views engagement. Netflix emphasized that engagement extends beyond simple view hours; it also encompasses the “quality and variety” of the service’s content offerings. By separating the data dump from earnings calls, the company intends to prevent viewership metrics from distracting from primary financial indicators like revenue and operating profit.
## Consistency in Weekly Top 10 Lists
Despite the change to the biannual report, Netflix confirmed it will maintain its current industry-leading transparency regarding weekly metrics. The streamer will continue to release weekly Top 10 lists for movies and series across more than 90 countries.
Did you know?
Netflix’s “What We Watched” report for the first half of 2026 identified the film War Machine and the limited series His & Hers as the most-watched titles on the platform during that six-month window.
## Impact of Viewing Trends on Reporting
The shift in reporting frequency arrives amid industry scrutiny regarding the long-term performance of original programming. Recent reporting indicates that many of Netflix’s original series experience a significant drop in viewership by their second seasons. Following the report covering the first half of 2026, Netflix will shift to an annual release schedule. The next full report is slated for the first quarter of 2027.
### Will Netflix stop sharing viewership data? No. Netflix will continue to share title-by-title and total view hours, as well as its weekly Top 10 lists for over 90 countries.
### Why is Netflix making this change? The company stated that the goal is to keep the focus of its earnings reports on primary financial metrics, specifically revenue and operating profit, while acknowledging that engagement is a multifaceted metric involving quality and variety.
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