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.
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 | 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 | 23.67 |
| Mar 31, 2026 | 33.07 |
| Dec 31, 2025 | 32.85 |
| Sep 30, 2025 | 44.14 |
| Jun 30, 2025 | 51.36 |
| Mar 31, 2025 | 37.65 |
| Dec 31, 2024 | 37.21 |
| Sep 30, 2024 | 30.86 |
| Jun 30, 2024 | 30.30 |
| Mar 31, 2024 | 27.93 |
| Dec 31, 2023 | 23.86 |
| Sep 30, 2023 | 19.35 |
| Jun 30, 2023 | 23.84 |
| Mar 31, 2023 | 18.82 |
| Dec 31, 2022 | 16.73 |
| Sep 30, 2022 | 13.22 |
| Jun 30, 2022 | 9.76 |
| Mar 31, 2022 | 21.15 |
| Dec 31, 2021 | 34.69 |
| Sep 30, 2021 | 36.12 |