Netflix NFLX
NASDAQ NFLX
$78.25 -4.42 (-5.35%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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