Netflix (NFLX) Price to Sales (2009 - 2026)
Netflix (NFLX) posted Price to Sales of 23.67 for Q2 2026, down 28.41% on a QoQ basis from 33.07 in Q1 2026, and down 53.91% year-over-year from 51.36 in Q2 2025.
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Analysis
Netflix (NFLX) Price to Sales (2009 - 2026) Analysis & Trends
Netflix has reported Price to Sales for 18 years, with the latest figure at 23.67 in Q2 2026.
- On a quarterly basis, Price to Sales fell 53.91% year-over-year to 23.67 in Q2 2026; TTM through Jun 2026 was 6.15, a 54.96% decrease from a year earlier, with the FY2025 full-year figure at 8.76, down 10.37% from the prior year.
- Price to Sales was 23.67 for Q2 2026 at Netflix, down from 33.07 in the prior quarter.
- The five-year high for Price to Sales was 51.36 in Q2 2025, with the low at 9.76 in Q2 2022.
- Average Price to Sales over 5 years is 27.54, with a median of 25.89 recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Price to Sales sank 69.35% in 2022, then surged 144.32% in 2023.
- Over 5 years, Price to Sales stood at 16.73 in 2022, then surged by 42.63% to 23.86 in 2023, then surged by 55.98% to 37.21 in 2024, then fell by 11.71% to 32.85 in 2025, then decreased by 27.94% to 23.67 in 2026.
- The last three Price to Sales figures came in at 23.67 (Q2 2026), 33.07 (Q1 2026), and 32.85 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.15 |
| Mar 31, 2026 | 8.64 |
| Dec 31, 2025 | 8.76 |
| Sep 30, 2025 | 11.71 |
| Jun 30, 2025 | 13.65 |
| Mar 31, 2025 | 9.88 |
| Dec 31, 2024 | 9.78 |
| Sep 30, 2024 | 8.07 |
| Jun 30, 2024 | 7.98 |
| Mar 31, 2024 | 7.49 |
| Dec 31, 2023 | 6.25 |
| Sep 30, 2023 | 5.05 |
| Jun 30, 2023 | 6.08 |
| Mar 31, 2023 | 4.81 |
| Dec 31, 2022 | 4.15 |
| Sep 30, 2022 | 3.33 |
| Jun 30, 2022 | 2.51 |
| Mar 31, 2022 | 5.47 |
| Dec 31, 2021 | 9.01 |
| Sep 30, 2021 | 9.44 |
API Access
Netflix Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=NFLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "NFLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=NFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();