Netflix (NFLX) Price to Earnings (2009 - 2026)
Netflix (NFLX) posted Price to Earnings of 87.41 for Q2 2026, up 14.0% on a QoQ basis from 76.68 in Q1 2026, and down 51.99% year-over-year from 182.06 in Q2 2025.
Analysis
Netflix (NFLX) Price to Earnings (2009 - 2026) Analysis & Trends
Netflix has reported Price to Earnings for 18 years, with the latest figure at 87.41 in Q2 2026.
- On a quarterly basis, Price to Earnings fell 51.99% year-over-year to 87.41 in Q2 2026; TTM through Jun 2026 was 21.78, a 60.77% decrease from a year earlier, with the FY2025 full-year figure at 36.05, down 17.63% from the prior year.
- Price to Earnings was 87.41 for Q2 2026 at Netflix, up from 76.68 in the prior quarter.
- The five-year high for Price to Earnings was 2375.6 in Q4 2022, with the low at 53.98 in Q2 2022.
- Average Price to Earnings over 5 years is 255.94, with a median of 129.75 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Price to Earnings surged 439.56% in 2022, then plunged 90.54% in 2023.
- Over 5 years, Price to Earnings stood at 2375.6 in 2022, then slumped by 90.54% to 224.68 in 2023, then dropped by 9.19% to 204.03 in 2024, then declined by 19.78% to 163.68 in 2025, then sank by 46.6% to 87.41 in 2026.
- The last three Price to Earnings figures came in at 87.41 (Q2 2026), 76.68 (Q1 2026), and 163.68 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.83 Bn | 316.70 Bn | 6.52 Bn |
| 2 | Spotify Technology | 111.63 Bn | 100.71 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 13.00 Bn | 9.90 Bn | 582.00 Mn |
| 4 | FuboTV | 1.22 Bn | 3.14 Bn | 399.10 Mn |
| 5 | Huya | 947.78 Mn | 587.52 Mn | 37.58 Mn |
| 6 | iQIYI | 849.12 Mn | 364.94 Mn | 152.37 Mn |
| 7 | Kaltura | 229.15 Mn | 197.85 Mn | 34.54 Mn |
| 8 | CuriosityStream | 160.17 Mn | 111.78 Mn | 16.93 Mn |
| 9 | Cineverse | 54.91 Mn | 50.59 Mn | 10.66 Mn |
| 10 | LiveOne | 47.57 Mn | 47.56 Mn | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 87.41 |
| Mar 31, 2026 | 76.68 |
| Dec 31, 2025 | 163.68 |
| Sep 30, 2025 | 199.46 |
| Jun 30, 2025 | 182.06 |
| Mar 31, 2025 | 137.34 |
| Dec 31, 2024 | 204.03 |
| Sep 30, 2024 | 128.28 |
| Jun 30, 2024 | 134.89 |
| Mar 31, 2024 | 112.22 |
| Dec 31, 2023 | 224.68 |
| Sep 30, 2023 | 98.52 |
| Jun 30, 2023 | 131.22 |
| Mar 31, 2023 | 117.68 |
| Dec 31, 2022 | 2,375.60 |
| Sep 30, 2022 | 74.92 |
| Jun 30, 2022 | 53.98 |
| Mar 31, 2022 | 104.18 |
| Dec 31, 2021 | 440.29 |
| Sep 30, 2021 | 186.56 |