SPOT - NYSE

Spotify Technology S.A.

SPOT·NYSE

$487.54

-2.8%

Communication ServicesInternet Content & Information

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$100.25B

EPS10.7700

P/E Ratio45.27

Earnings Date07/28/2026

15.01B

Assets

25%

3Y+98.0%

5Y+138.0%

10Y+611.0%

6.68B

Total Liabilities

3Y+29.0%

5Y+90.0%

10Y+184.0%

8.33B

Total Equity

51%

3Y+250.0%

5Y+197.0%

10Y-3551.0%

Spotify Technology S.A. Funding & Solvency Profile

SPOT · NYSE

Current Assets

Cash & Cash Equivalents5.26B

Net Receivables917.61M

Inventory0.00

Other Current Assets110.95M

Total Current Assets10 B

Non-Current Assets

Property, Plant & Equipment421.82M

Goodwill & Intangible Assets1.12B

Long-Term Investments2.25B

Other Non-Current Assets60.97M

Total Non-Current Assets3 B

Total Assets

15.01B

Financial Health Analysis

Current Ratio

1.72x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

0.80x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

4 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

70% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Spotify Technology S.A. Balance Sheet

SPOT • NYSE

Spotify Technology S.A. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	5.3B	4.8B	3.1B	2.5B	2.8B	1.1B	1.1B	584.5M	489.4M	758.8M	595.2M
Short-Term Investments	4.2B	2.7B	1.1B	859.9M	758.2M	595.3M	684.2M	1.2B	1.1B	834.2M	0.0
Cash & Short-Term Investments	9.5B	7.4B	4.2B	3.3B	3.5B	1.7B	1.7B	1.8B	1.5B	1.6B	595.2M
Net Receivables	917.6M	799M	881.3M	689.3M	627.9M	467.4M	401.4M	402.3M	369.3M	307.6M	246.3M
Accounts Receivables	801.7M	540M	604.3M	497.9M	438.3M	318.6M	293.6M	273.2M	279.1M	224.1M	163.5M
Other Receivables	116M	259M	277M	191.4M	189.6M	148.8M	107.8M	129.1M	90.3M	83.4M	82.7M
Other Current Assets	111M	132M	168.6M	304.5M	246.7M	150.8M	67.2M	38M	29.8M	18.1M	26.9M
Total Current Assets	10.5B	8.4B	5.3B	4.3B	4.4B	2.4B	2.2B	2.2B	1.9B	1.9B	868.4M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	421.8M	414M	549.1M	758.7M	811.4M	756.1M	771.2M	197.2M	74.9M	85.4M	80.8M
Goodwill	1.1B	1.2B	1.1B	1.2B	896.7M	735.1M	472.6M	146.1M	138.5M	73.4M	64.8M
Intangible Assets	41M	48M	84.3M	126M	89.3M	96.9M	57.3M	28M	27.7M	7M	8M
Goodwill & Intangible Assets	1.1B	1.2B	1.2B	1.3B	985.9M	832M	529.9M	174.1M	166.2M	80.4M	72.8M
Long-Term Investments	2.2B	1.8B	1.3B	1.1B	918.7M	2.3B	1.5B	1.6B	977.7M	21.1M	20.9M
Tax Assets	661.7M	186M	28.1M	7.9M	13M	15M	8.9M	8M	9.2M	3M	4M
Other Non-Current Assets	61M	16M	24.1M	77.4M	77.2M	77.9M	68.2M	65.1M	12.3M	2M	997K
Total Non-Current Assets	4.5B	3.6B	3.1B	3.3B	2.8B	4B	2.9B	2.1B	1.2B	192M	179.5M
Total Assets	15B	12B	8.4B	7.6B	7.2B	6.3B	5.1B	4.3B	3.2B	2.1B	1B
LIABILITIES
CURRENT LIABILITIES
Total Payables	1.3B	966M	676.6M	594.1M	558.7M	442.4M	381.6M	418.3M	257.5M	145.7M	80.8M
Accounts Payable	1.2B	933M	664.5M	583.2M	535.6M	433.5M	372.7M	295.2M	248.3M	139.7M	75.8M
Other Payables	72M	33M	12M	10.9M	23.1M	9M	8.9M	123.1M	9.2M	6M	5M
Accrued Expenses	0.0	119M	274M	119M	92.3M	64.9M	53.4M	41M	34.9M	20.1M	22.9M
Short Term Debt	1.5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1M	5M	6M
Tax Payables	0.0	368M	303M	255M	23M	9M	9M	5M	100M	56M	5M
Deferred Revenue	710.7M	683M	624.4M	515.7M	459.4M	379.5M	315.4M	258.2M	221.6M	149.8M	91.7M
Other Current Liabilities	2.6B	2.7B	2.5B	2.3B	2.1B	2B	1.7B	1.4B	1.4B	905.6M	594.2M
Total Current Liabilities	6.1B	4.4B	4.1B	3.5B	3.2B	2.9B	2.4B	2.1B	1.9B	1.2B	795.6M
NON-CURRENT LIABILITIES
Long Term Debt	432.8M	1.5B	1.2B	1.1B	1.2B	0.0	0.0	0.0	968.5M	1.1B	0.0
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	85.1M	56.4M	9M	9M
Deferred Tax Liabilities (Non-Current)	162.9M	21M	8M	5M	0.0	0.0	2M	2M	3.1M	0.0	0.0
Other Non-Current Liabilities	-430.8M	8M	29.1M	30.7M	44.1M	43.9M	21.8M	8M	7.2M	4M	10M
Total Non-Current Liabilities	597.7M	2B	1.7B	1.7B	1.8B	620.2M	638.7M	95.1M	1B	1.1B	23.9M
Capital Lease Obligations	432.8M	462M	494.9M	550.4M	580.7M	576.3M	614.9M	0.0	0.0	1M	5M
Total Liabilities	6.7B	6.5B	5.8B	5.2B	5.1B	3.5B	3.1B	2.2B	2.9B	2.4B	819.5M
SHAREHOLDERS' EQUITY
Treasury Stock	-700.7M	-262M	-263M	-259.8M	-260.8M	-174.8M	-365.8M	-77.1M	0.0	0.0	0.0
Additional Paid-In Capital	6.5B	6.1B	5.2B	4.7B	4.8B	4.6B	4.1B	3.8B	2.6B	834.2M	794.6M
Retained Earnings	-831.6M	-3B	-4.2B	-3.6B	-3.2B	-3.3B	-2.7B	-2.5B	-2.5B	-1.2B	-651M
Accumulated Other Comprehensive Income/Loss	0.0	2.7B	1.8B	1.5B	855.5M	1.7B	913.5M	875.7M	181.6M	122.6M	84.7M
Other Total Stockholders' Equity	3.4B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	8.3B	5.5B	2.5B	2.4B	2.1B	2.8B	2B	2.1B	244.2M	-241.2M	228.3M
Total Equity	8.3B	5.5B	2.5B	2.4B	2.1B	2.8B	2B	2.1B	244.2M	-241.2M	228.3M
SUMMARY
Total Liabilities & Equity	15B	12B	8.4B	7.6B	7.2B	6.3B	5.1B	4.3B	3.2B	2.1B	1B
Total Investments	6.5B	4.4B	2.4B	2B	1.7B	2.9B	2.2B	2.9B	2B	855.3M	20.9M
Total Debt	2.3B	2B	1.7B	1.7B	1.8B	576.3M	614.9M	0.0	969.5M	1.1B	11M
Net Debt	-2.9B	-2.8B	-1.4B	-793.4M	-965.9M	-573.3M	-438M	-584.5M	480.1M	358.8M	-584.2M
Shares Outstanding	205,833,000	205,833,000	205,833,000	205,833,000	205,833,000	205,833,000	205,833,000	205,833,000	205,833,000	205,833,000	205,833,000

SEC Filings

SPOT - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
6-K 6-K 2026 Q1 Q1	April 28, 2026	March 31, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	April 28, 2026	April 28, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	April 15, 2026	April 15, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	March 25, 2026	March 25, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	March 05, 2026	March 05, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	February 10, 2026	February 10, 2026	2026	View Filing
20-F 20-F 2025 FY FY	February 10, 2026	December 31, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	December 10, 2025	December 10, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	November 05, 2025	November 05, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	November 04, 2025	November 04, 2025	2025	View Filing

Showing 1 to 10 of 99 filings

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