SPOT - NYSE
Spotify Technology S.A.
$487.54
-2.8%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.
At a Glance
Live SnapshotSpotify Technology S.A. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
Spotify Technology S.A. Cash Flow Statement
SPOT • NYSE
| Spotify Technology S.A. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||||
2.2B | 1.1B | -532M | -430M | -34M | -581M | -186M | -78M | -1.2B | -539M | -230M | |
102M | 121M | 158M | 171M | 127M | 111M | 87M | 32M | 54M | 38M | 30M | |
12M | 203M | 27M | 60M | 283M | -128M | 55M | -95M | 2M | 4M | 5M | |
247M | 267M | 321M | 381M | 223M | 176M | 122M | 88M | 65M | 53M | 28M | |
112M | 196M | 242M | -327M | -202M | 364M | 44M | 146M | 873M | 245M | -46M | |
248M | 376M | 464M | 191M | -36M | 317M | 451M | 251M | 420M | 300M | 175M | |
2.9B | 2.3B | 680M | 46M | 361M | 259M | 573M | 344M | 179M | 101M | -38M | |
INVESTING ACTIVITIES | |||||||||||
-61M | -17M | -6M | -25M | -85M | -78M | -135M | -125M | -46M | -27M | -49M | |
-18M | -10M | -7M | -306M | -115M | -336M | -331M | -9M | -49M | -7.3M | -8M | |
-19.3B | -7.3B | -1.6B | -457M | -497M | -1.4B | -901M | -1.1B | -1.4B | -1.4B | -1M | |
17.5B | 5.8B | 1.4B | 368M | 519M | 1.4B | 1.2B | 1.2B | 1.1B | 609M | 0.0 | |
20M | 12M | 7M | -3M | -9M | -25M | -14M | -45M | -34M | -4.7M | -9M | |
-1.8B | -1.5B | -217M | -423M | -187M | -372M | -218M | -22M | -435M | -827M | -67M | |
FINANCING ACTIVITIES | |||||||||||
-67M | -135M | -68M | -2M | -143M | -30M | -438M | -72M | 0.0 | 0.0 | 474M | |
-73M | -69M | -66M | -43M | 1.2B | -24M | -17M | 0.0 | 0.0 | 861M | -4M | |
-439M | -135M | -68M | -2M | -143M | -30M | -438M | -72M | (0.0) | (0.0) | (0.0) | |
-241M | 933M | 368M | 5M | 198M | 339M | 252M | 164M | 34M | 55M | 6M | |
-381M | 729M | 234M | -40M | 1.3B | 285M | -203M | 92M | 34M | 916M | 476M | |
CASH FLOW SUMMARY | |||||||||||
-290M | 123M | -66M | 156M | 169M | -86M | 22M | 0.0 | -56M | -32M | 20M | |
477M | 1.7B | 631M | -261M | 1.6B | 86M | 174M | 414M | -278M | 158M | 391M | |
4.8B | 3.1B | 2.5B | 2.7B | 1.2B | 1.1B | 891M | 477M | 755M | 597M | 206M | |
5.3B | 4.8B | 3.1B | 2.5B | 2.7B | 1.2B | 1.1B | 891M | 477M | 755M | 597M | |
2.9B | 2.3B | 674M | 21M | 276M | 181M | 438M | 219M | 133M | 74M | -87M |
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 | |
6-K 6-K 2026 Q2 Q2 | April 28, 2026 | April 28, 2026 | 2026 | |
6-K 6-K 2026 Q2 Q2 | April 15, 2026 | April 15, 2026 | 2026 | |
6-K 6-K 2026 Q1 Q1 | March 25, 2026 | March 25, 2026 | 2026 | |
6-K 6-K 2026 Q1 Q1 | March 05, 2026 | March 05, 2026 | 2026 | |
6-K 6-K 2026 Q1 Q1 | February 10, 2026 | February 10, 2026 | 2026 | |
20-F 20-F 2025 FY FY | February 10, 2026 | December 31, 2025 | 2025 | |
6-K 6-K 2025 Q4 Q4 | December 10, 2025 | December 10, 2025 | 2025 | |
6-K 6-K 2025 Q4 Q4 | November 05, 2025 | November 05, 2025 | 2025 | |
6-K 6-K 2025 Q4 Q4 | November 04, 2025 | November 04, 2025 | 2025 |
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