Symbols / SPOT Stock $441.59 -0.77% Spotify Technology S.A.

Communication Services • Internet Content & Information • Sweden • NYQ
SPOT (Stock) Chart
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Stock Fundamentals
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Index —
Sector Communication Services
Industry Internet Content & Information
CEO —
Exch · Country NYQ · Sweden
Market Cap 90.80B
Enterprise Value —
Income —
Sales —
FCF (ttm) —
Book/sh —
Cash/sh —
Employees —
Insider 10d —
IPO —
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout —
P/E 29.50
Forward P/E —
PEG —
P/S —
P/B —
P/C —
EV/EBITDA —
EV/Sales —
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) —
EPS next Y —
EPS Growth —
Revenue Growth —
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) —
Earnings (prior) —
ROA —
ROE —
ROIC —
Gross Margin —
Oper. Margin —
Profit Margin —
Shs Outstand —
Shs Float —
Insider Own —
Instit Own —
Short Float —
Short Ratio —
Short Interest —
52W High —
vs 52W High —
52W Low —
vs 52W Low —
Beta —
Impl. Vol. —
Rel Volume —
Avg Volume —
Volume —
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom —
Prev Close $445.01
Price $441.59
Change -0.77%
About

No company description available for this symbol.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
—
Latest analyst target
3. DCF / Fair value
—
Simplified FCF or EPS-based estimate
Ratings
Current target
—
Low
—
High
—
Mean
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News
RSS: Latest SPOT news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
17,186.00
+9.65%
15,673.00
+18.31%
13,247.00
+12.96%
11,727.00
Operating Revenue
17,186.00
+9.65%
15,673.00
+18.31%
13,247.00
+12.96%
11,727.00
Cost Of Revenue
11,690.00
+6.77%
10,949.00
+11.16%
9,850.00
+11.92%
8,801.00
Reconciled Cost Of Revenue
11,690.00
+6.77%
10,949.00
+11.16%
9,850.00
+11.92%
8,801.00
Gross Profit
5,496.00
+16.34%
4,724.00
+39.06%
3,397.00
+16.10%
2,926.00
Operating Expense
3,298.00
-1.82%
3,359.00
-12.59%
3,843.00
+7.20%
3,585.00
Research And Development
1,393.00
-6.26%
1,486.00
-13.86%
1,725.00
+24.37%
1,387.00
Selling General And Administration
1,905.00
+1.71%
1,873.00
-11.57%
2,118.00
-3.64%
2,198.00
Selling And Marketing Expense
1,426.00
+2.44%
1,392.00
-9.20%
1,533.00
-2.48%
1,572.00
General And Administrative Expense
479.00
-0.42%
481.00
-17.78%
585.00
-6.55%
626.00
Other Gand A
479.00
-0.42%
481.00
-17.78%
585.00
-6.55%
626.00
Total Expenses
14,988.00
+4.75%
14,308.00
+4.49%
13,693.00
+10.55%
12,386.00
Operating Income
2,198.00
+61.03%
1,365.00
+406.05%
-446.00
+32.32%
-659.00
Total Operating Income As Reported
2,198.00
+61.03%
1,365.00
+406.05%
-446.00
+32.32%
-659.00
EBITDA
2,357.00
+57.34%
1,498.00
+584.79%
-309.00
-95.57%
-158.00
Normalized EBITDA
2,557.00
+48.58%
1,721.00
+1196.18%
-157.00
+64.72%
-445.00
Reconciled Depreciation
102.00
-15.70%
121.00
-23.42%
158.00
-7.60%
171.00
EBIT
2,255.00
+63.76%
1,377.00
+394.86%
-467.00
-41.95%
-329.00
Total Unusual Items
-200.00
+10.31%
-223.00
-46.71%
-152.00
-152.96%
287.00
Total Unusual Items Excluding Goodwill
-200.00
+10.31%
-223.00
-46.71%
-152.00
-152.96%
287.00
Net Income
2,212.00
+94.38%
1,138.00
+313.91%
-532.00
-23.72%
-430.00
Pretax Income
2,224.00
+65.85%
1,341.00
+365.54%
-505.00
-36.49%
-370.00
Net Non Operating Interest Income Expense
226.00
+13.57%
199.00
+113.98%
93.00
+4550.00%
2.00
Interest Expense Non Operating
31.00
-13.89%
36.00
-5.26%
38.00
-7.32%
41.00
Net Interest Income
226.00
+13.57%
199.00
+113.98%
93.00
+4550.00%
2.00
Interest Expense
31.00
-13.89%
36.00
-5.26%
38.00
-7.32%
41.00
Interest Income Non Operating
245.00
+9.87%
223.00
+70.23%
131.00
+178.72%
47.00
Interest Income
245.00
+9.87%
223.00
+70.23%
131.00
+178.72%
47.00
Other Income Expense
-200.00
+10.31%
-223.00
-46.71%
-152.00
-152.96%
287.00
Other Non Operating Income Expenses
—
—
—
144.00
Gain On Sale Of Security
-200.00
+10.31%
-223.00
-46.71%
-152.00
-152.96%
287.00
Tax Provision
12.00
-94.09%
203.00
+651.85%
27.00
-55.00%
60.00
Tax Rate For Calcs
0.00
-96.44%
0.00
-27.91%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-1.08
+96.80%
-33.76
-5.76%
-31.92
-152.96%
60.27
Net Income Including Noncontrolling Interests
2,212.00
+94.38%
1,138.00
+313.91%
-532.00
-23.72%
-430.00
Net Income From Continuing Operation Net Minority Interest
2,212.00
+94.38%
1,138.00
+313.91%
-532.00
-23.72%
-430.00
Net Income From Continuing And Discontinued Operation
2,212.00
+94.38%
1,138.00
+313.91%
-532.00
-23.72%
-430.00
Net Income Continuous Operations
2,212.00
+94.38%
1,138.00
+313.91%
-532.00
-23.72%
-430.00
Normalized Income
2,410.92
+81.65%
1,327.24
+422.21%
-411.92
+37.28%
-656.73
Net Income Common Stockholders
2,212.00
+94.38%
1,138.00
+313.91%
-532.00
-23.72%
-430.00
Diluted EPS
10.51
+91.09%
5.50
+301.47%
-2.73
+6.83%
-2.93
Basic EPS
10.77
+89.95%
5.67
+307.69%
-2.73
-22.42%
-2.23
Basic Average Shares
205.41
+2.39%
200.62
+3.02%
194.73
+0.93%
192.93
Diluted Average Shares
210.51
+1.70%
206.99
+6.29%
194.73
-0.57%
195.85
Diluted NI Availto Com Stockholders
2,212.00
+94.38%
1,138.00
+313.91%
-532.00
+7.32%
-574.00
Average Dilution Earnings
—
0.00
0.00
+100.00%
-144.00
Total Other Finance Cost
-12.00
+0.00%
-12.00
-9.09%
-11.00
-375.00%
4.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
15,015.00
+25.07%
12,005.00
+43.84%
8,346.00
+9.30%
7,636.00
Current Assets
10,496.00
+25.27%
8,379.00
+59.30%
5,260.00
+20.86%
4,352.00
Cash Cash Equivalents And Short Term Investments
9,467.00
+27.11%
7,448.00
+76.74%
4,214.00
+25.79%
3,350.00
Cash And Cash Equivalents
5,258.00
+9.98%
4,781.00
+53.53%
3,114.00
+25.41%
2,483.00
Other Short Term Investments
4,209.00
+57.82%
2,667.00
+142.45%
1,100.00
+26.87%
867.00
Receivables
918.00
+14.89%
799.00
-9.00%
878.00
+26.33%
695.00
Accounts Receivable
536.00
-0.74%
540.00
-10.30%
602.00
+19.92%
502.00
Gross Accounts Receivable
541.00
-0.37%
543.00
-10.54%
607.00
+19.25%
509.00
Allowance For Doubtful Accounts Receivable
-5.00
-66.67%
-3.00
+40.00%
-5.00
+28.57%
-7.00
Other Receivables
266.00
+15.15%
231.00
-9.77%
256.00
+36.17%
188.00
Taxes Receivable
116.00
+314.29%
28.00
+40.00%
20.00
+300.00%
5.00
Prepaid Assets
—
—
—
89.00
Hedging Assets Current
8.00
-42.86%
14.00
+55.56%
9.00
-70.97%
31.00
Other Current Assets
103.00
-12.71%
118.00
-25.79%
159.00
-42.39%
276.00
Total Non Current Assets
4,519.00
+24.63%
3,626.00
+17.50%
3,086.00
-6.03%
3,284.00
Net PPE
422.00
+1.93%
414.00
-24.31%
547.00
-28.50%
765.00
Gross PPE
1,063.00
-2.66%
1,092.00
-10.57%
1,221.00
+0.49%
1,215.00
Accumulated Depreciation
-641.00
+5.46%
-678.00
-0.59%
-674.00
-49.78%
-450.00
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
579.00
-3.02%
597.00
-12.72%
684.00
+1.33%
675.00
Other Properties
136.00
+34.65%
101.00
+8.60%
93.00
+1.09%
92.00
Leases
348.00
-11.68%
394.00
-11.26%
444.00
-0.89%
448.00
Goodwill And Other Intangible Assets
1,124.00
-10.01%
1,249.00
+2.29%
1,221.00
-5.71%
1,295.00
Goodwill
1,083.00
-9.83%
1,201.00
+5.63%
1,137.00
-2.65%
1,168.00
Other Intangible Assets
41.00
-14.58%
48.00
-42.86%
84.00
-33.86%
127.00
Investments And Advances
2,181.00
+33.39%
1,635.00
+34.57%
1,215.00
+6.77%
1,138.00
Non Current Accounts Receivable
69.00
-6.76%
74.00
—
—
Non Current Deferred Assets
662.00
+255.91%
186.00
+564.29%
28.00
+250.00%
8.00
Non Current Deferred Taxes Assets
662.00
+255.91%
186.00
+564.29%
28.00
+250.00%
8.00
Other Non Current Assets
61.00
-10.29%
68.00
-9.33%
75.00
-3.85%
78.00
Total Liabilities Net Minority Interest
6,686.00
+3.18%
6,480.00
+11.28%
5,823.00
+11.23%
5,235.00
Current Liabilities
6,085.00
+36.74%
4,450.00
+8.80%
4,090.00
+16.33%
3,516.00
Payables And Accrued Expenses
3,759.00
+5.21%
3,573.00
+4.93%
3,405.00
+15.97%
2,936.00
Payables
1,235.00
-5.07%
1,301.00
+34.82%
965.00
+14.47%
843.00
Accounts Payable
783.00
-16.08%
933.00
+40.94%
662.00
+12.59%
588.00
Current Accrued Expenses
2,524.00
+11.09%
2,272.00
-6.89%
2,440.00
+16.58%
2,093.00
Total Tax Payable
452.00
+22.83%
368.00
+21.45%
303.00
+18.82%
255.00
Income Tax Payable
72.00
+118.18%
33.00
+175.00%
12.00
+9.09%
11.00
Current Debt And Capital Lease Obligation
1,523.00
+1930.67%
75.00
—
—
Current Debt
1,458.00
—
—
—
Other Current Borrowings
1,458.00
—
—
—
Current Capital Lease Obligation
65.00
-13.33%
75.00
—
—
Current Deferred Liabilities
711.00
+4.10%
683.00
+9.81%
622.00
+19.62%
520.00
Current Deferred Revenue
711.00
+4.10%
683.00
+9.81%
622.00
+19.62%
520.00
Other Current Liabilities
41.00
-56.38%
94.00
+123.81%
42.00
+23.53%
34.00
Total Non Current Liabilities Net Minority Interest
601.00
-70.39%
2,030.00
+17.14%
1,733.00
+0.81%
1,719.00
Long Term Debt And Capital Lease Obligation
433.00
-78.36%
2,001.00
+17.98%
1,696.00
+0.77%
1,683.00
Long Term Debt
—
1,539.00
+27.93%
1,203.00
+6.65%
1,128.00
Long Term Capital Lease Obligation
433.00
-6.28%
462.00
-6.29%
493.00
-11.17%
555.00
Long Term Provisions
3.00
+0.00%
3.00
+0.00%
3.00
+0.00%
3.00
Non Current Deferred Liabilities
163.00
+676.19%
21.00
+162.50%
8.00
+60.00%
5.00
Non Current Deferred Taxes Liabilities
163.00
+676.19%
21.00
+162.50%
8.00
+60.00%
5.00
Stockholders Equity
8,329.00
+50.75%
5,525.00
+118.99%
2,523.00
+5.08%
2,401.00
Common Stock Equity
8,329.00
+50.75%
5,525.00
+118.99%
2,523.00
+5.08%
2,401.00
Capital Stock
0.00
0.00
0.00
0.00
Common Stock
0.00
0.00
0.00
0.00
Share Issued
209.49
+0.97%
207.48
+3.05%
201.34
+2.28%
196.86
Ordinary Shares Number
205.83
+0.98%
203.84
+3.40%
197.14
+1.99%
193.29
Treasury Shares Number
3.65
+0.60%
3.63
-13.56%
4.20
+17.80%
3.57
Additional Paid In Capital
6,496.00
+6.07%
6,124.00
+18.80%
5,155.00
+7.64%
4,789.00
Retained Earnings
-832.00
+72.67%
-3,044.00
+27.21%
-4,182.00
-14.67%
-3,647.00
Gains Losses Not Affecting Retained Earnings
3,366.00
+24.34%
2,707.00
+49.39%
1,812.00
+19.13%
1,521.00
Treasury Stock
701.00
+167.56%
262.00
+0.00%
262.00
+0.00%
262.00
Other Equity Adjustments
3,366.00
+24.34%
2,707.00
+49.39%
1,812.00
+19.13%
1,521.00
Total Equity Gross Minority Interest
8,329.00
+50.75%
5,525.00
+118.99%
2,523.00
+5.08%
2,401.00
Total Capitalization
8,329.00
+17.91%
7,064.00
+89.59%
3,726.00
+5.58%
3,529.00
Working Capital
4,411.00
+12.27%
3,929.00
+235.81%
1,170.00
+39.95%
836.00
Invested Capital
9,787.00
+38.55%
7,064.00
+89.59%
3,726.00
+5.58%
3,529.00
Total Debt
1,956.00
-5.78%
2,076.00
+22.41%
1,696.00
+0.77%
1,683.00
Capital Lease Obligations
498.00
-7.26%
537.00
+8.92%
493.00
-11.17%
555.00
Net Tangible Assets
7,205.00
+68.50%
4,276.00
+228.42%
1,302.00
+17.72%
1,106.00
Tangible Book Value
7,205.00
+68.50%
4,276.00
+228.42%
1,302.00
+17.72%
1,106.00
Current Provisions
51.00
+104.00%
25.00
+19.05%
21.00
-19.23%
26.00
Non Current Accrued Expenses
2.00
-60.00%
5.00
-80.77%
26.00
-7.14%
28.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
2,933.00
+27.47%
2,301.00
+238.38%
680.00
+1378.26%
46.00
Cash Flow From Continuing Operating Activities
2,933.00
+27.47%
2,301.00
+238.38%
680.00
+1378.26%
46.00
Net Income From Continuing Operations
2,212.00
+94.38%
1,138.00
+313.91%
-532.00
-23.72%
-430.00
Depreciation Amortization Depletion
102.00
-15.70%
121.00
-23.42%
158.00
-7.60%
171.00
Depreciation
79.00
-7.06%
85.00
-22.73%
110.00
-6.78%
118.00
Amortization Cash Flow
23.00
-36.11%
36.00
-25.00%
48.00
-9.43%
53.00
Depreciation And Amortization
102.00
-15.70%
121.00
-23.42%
158.00
-7.60%
171.00
Amortization Of Intangibles
23.00
-36.11%
36.00
-25.00%
48.00
-9.43%
53.00
Other Non Cash Items
-93.00
-321.43%
42.00
+600.00%
6.00
+104.32%
-139.00
Stock Based Compensation
247.00
-7.49%
267.00
-16.82%
321.00
-15.75%
381.00
Provisionand Write Offof Assets
—
0.00
0.00
-100.00%
14.00
Asset Impairment Charge
8.00
-81.40%
43.00
-71.71%
152.00
0.00
Deferred Tax
12.00
-94.09%
203.00
+651.85%
27.00
-55.00%
60.00
Deferred Income Tax
12.00
-94.09%
203.00
+651.85%
27.00
-55.00%
60.00
Operating Gains Losses
77.00
+581.25%
-16.00
-129.63%
54.00
+137.76%
-143.00
Gain Loss On Investment Securities
-23.00
-264.29%
14.00
+600.00%
2.00
+102.82%
-71.00
Net Foreign Currency Exchange Gain Loss
100.00
+433.33%
-30.00
-157.69%
52.00
+172.22%
-72.00
Change In Working Capital
248.00
-34.04%
376.00
-18.97%
464.00
+142.93%
191.00
Change In Receivables
-115.00
-179.31%
145.00
+200.00%
-145.00
-72.62%
-84.00
Changes In Account Receivables
-115.00
-179.31%
145.00
+200.00%
-145.00
-72.62%
-84.00
Change In Payables And Accrued Expense
281.00
+53.55%
183.00
-63.47%
501.00
+121.68%
226.00
Change In Payable
281.00
+53.55%
183.00
-63.47%
501.00
+121.68%
226.00
Change In Account Payable
281.00
+53.55%
183.00
-63.47%
501.00
+121.68%
226.00
Change In Other Working Capital
82.00
+70.83%
48.00
-55.56%
108.00
+120.41%
49.00
Investing Cash Flow
-1,785.00
-20.12%
-1,486.00
-584.79%
-217.00
+48.70%
-423.00
Cash Flow From Continuing Investing Activities
-1,785.00
-20.12%
-1,486.00
-584.79%
-217.00
+48.70%
-423.00
Net PPE Purchase And Sale
-61.00
-258.82%
-17.00
-183.33%
-6.00
+76.00%
-25.00
Purchase Of PPE
-61.00
-258.82%
-17.00
-183.33%
-6.00
+76.00%
-25.00
Capital Expenditure
-61.00
-258.82%
-17.00
-183.33%
-6.00
+76.00%
-25.00
Net Investment Purchase And Sale
-1,726.00
-17.34%
-1,471.00
-597.16%
-211.00
-137.08%
-89.00
Purchase Of Investment
-19,271.00
-164.89%
-7,275.00
-357.55%
-1,590.00
-247.92%
-457.00
Sale Of Investment
17,545.00
+202.29%
5,804.00
+320.88%
1,379.00
+274.73%
368.00
Net Business Purchase And Sale
-18.00
-80.00%
-10.00
-42.86%
-7.00
+97.71%
-306.00
Purchase Of Business
-18.00
-80.00%
-10.00
-42.86%
-7.00
+97.71%
-306.00
Net Other Investing Changes
-3.00
+57.14%
-7.00
-200.00%
7.00
+333.33%
-3.00
Financing Cash Flow
-381.00
-152.26%
729.00
+211.54%
234.00
+685.00%
-40.00
Cash Flow From Continuing Financing Activities
-381.00
-152.26%
729.00
+211.54%
234.00
+685.00%
-40.00
Net Issuance Payments Of Debt
-73.00
-5.80%
-69.00
-7.81%
-64.00
-56.10%
-41.00
Issuance Of Debt
0.00
0.00
-100.00%
2.00
+0.00%
2.00
Repayment Of Debt
-73.00
-5.80%
-69.00
-4.55%
-66.00
-53.49%
-43.00
Long Term Debt Issuance
0.00
0.00
-100.00%
2.00
+0.00%
2.00
Long Term Debt Payments
-73.00
-5.80%
-69.00
-4.55%
-66.00
-53.49%
-43.00
Net Long Term Debt Issuance
-73.00
-5.80%
-69.00
-7.81%
-64.00
-56.10%
-41.00
Net Common Stock Issuance
-439.00
0.00
0.00
+100.00%
-2.00
Common Stock Payments
-439.00
0.00
0.00
+100.00%
-2.00
Repurchase Of Capital Stock
-439.00
0.00
0.00
+100.00%
-2.00
Proceeds From Stock Option Exercised
372.00
-60.13%
933.00
+154.92%
366.00
+751.16%
43.00
Net Other Financing Charges
-241.00
-78.52%
-135.00
-98.53%
-68.00
-70.00%
-40.00
Changes In Cash
767.00
-50.32%
1,544.00
+121.52%
697.00
+267.15%
-417.00
Effect Of Exchange Rate Changes
-290.00
-335.77%
123.00
+286.36%
-66.00
-142.31%
156.00
Beginning Cash Position
4,781.00
+53.53%
3,114.00
+25.41%
2,483.00
-9.51%
2,744.00
End Cash Position
5,258.00
+9.98%
4,781.00
+53.53%
3,114.00
+25.41%
2,483.00
Free Cash Flow
2,872.00
+25.74%
2,284.00
+238.87%
674.00
+3109.52%
21.00
Dividends Received CFI
23.00
+21.05%
19.00
0.00
0.00
Interest Paid CFO
-36.00
+0.00%
-36.00
+5.26%
-38.00
+28.30%
-53.00
Interest Received CFO
242.00
+12.04%
216.00
+94.59%
111.00
+200.00%
37.00
Taxes Refund Paid
-86.00
-62.26%
-53.00
-23.26%
-43.00
+0.00%
-43.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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