spotify technology sa - SPOT

SPOT

Close Chg Chg %
495.70 18.49 3.73%

Open Market

514.19

+18.49 (3.73%)

Volume: 2.79M

Last Updated:

Feb 27, 2026, 3:44 PM EDT

Company Overview: spotify technology sa - SPOT

SPOT Key Data

Open

$495.08

Day Range

490.89 - 515.26

52 Week Range

405.00 - 785.00

Market Cap

$95.39B

Shares Outstanding

205.89M

Public Float

151.41M

Beta

1.66

Rev. Per Employee

N/A

P/E Ratio

40.78

EPS

$12.43

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

3.95M

 

SPOT Performance

1 Week
 
1.03%
 
1 Month
 
-0.94%
 
3 Months
 
-17.24%
 
1 Year
 
-18.48%
 
5 Years
 
61.25%
 

SPOT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 43
Full Ratings ➔

About spotify technology sa - SPOT

Spotify Technology SA engages in the provision of digital music services. It operates through the Premium and Ad-Supported segments. The Premium segment provides subscribers with online and offline streaming access of music and podcasts on computers, tablets, and mobile devices. The Ad-Supported segment offers users with limited on-demand online access of music and unlimited online access of podcasts on computers, tablets, and mobile and smart devices. The company was founded by Daniel Ek and Martin Lorentzon on December 27, 2006 and is headquartered in Luxembourg.

SPOT At a Glance

Spotify Technology SA
33, Boulevard Prince Henri
Luxembourg, Luxembourg 1724
Phone N/A Revenue 19.40B
Industry Internet Software/Services Net Income 2.50B
Sector Technology Services 2025 Sales Growth 14.407%
Fiscal Year-end 12 / 2026 Employees 7,323
View SEC Filings

SPOT Valuation

P/E Current 40.784
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 47.783
Price to Sales Ratio 6.303
Price to Book Ratio 12.219
Price to Cash Flow Ratio 36.64
Enterprise Value to EBITDA 43.545
Enterprise Value to Sales 5.848
Total Debt to Enterprise Value 0.02

SPOT Efficiency

Revenue/Employee 2,648,605.853
Income Per Employee 340,900.509
Receivables Turnover 17.99
Total Asset Turnover 1.29

SPOT Liquidity

Current Ratio 1.725
Quick Ratio 1.725
Cash Ratio 1.556

SPOT Profitability

Gross Margin 31.863
Operating Margin 12.836
Pretax Margin 12.941
Net Margin 12.871
Return on Assets 16.606
Return on Equity 32.205
Return on Total Capital 20.667
Return on Invested Capital 27.61

SPOT Capital Structure

Total Debt to Total Equity 23.484
Total Debt to Total Capital 19.018
Total Debt to Total Assets 13.027
Long-Term Debt to Equity 5.199
Long-Term Debt to Total Capital 4.21
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Spotify Technology Sa - SPOT

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
12.32B 14.32B 16.95B 19.40B
Sales Growth
+7.85% +16.20% +18.38% +14.41%
Cost of Goods Sold (COGS) incl D&A
9.29B 10.68B 11.86B 13.22B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
179.72M 170.82M 130.88M 115.11M
Depreciation
124.01M 118.92M 91.94M 89.16M
Amortization of Intangibles
55.70M 51.89M 38.94M 25.96M
COGS Growth
+10.69% +14.93% +11.03% +11.45%
Gross Income
3.03B 3.64B 5.10B 6.18B
Gross Income Growth
+0.00% +20.08% +39.91% +21.28%
Gross Profit Margin
+24.61% +25.43% +30.06% +31.86%
2022 2023 2024 2025 5-year trend
SG&A Expense
3.72B 3.99B 3.57B 3.69B
Research & Development
1.42B 1.75B 1.57B 1.55B
Other SG&A
2.30B 2.25B 2.01B 2.14B
SGA Growth
+27.55% +7.41% -10.49% +3.29%
Other Operating Expense
- - - -
-
Unusual Expense
(216.50M) 241.09M 340.73M 147.84M
EBIT after Unusual Expense
(466.63M) (590.29M) 1.18B 2.34B
Non Operating Income/Expense
138.73M 97.30M 314.77M 216.69M
Non-Operating Interest Income
49.40M 141.63M 241.22M 276.50M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
60.96M 52.97M 46.51M 48.53M
Interest Expense Growth
-25.26% -13.09% -12.20% +4.33%
Gross Interest Expense
60.96M 52.97M 46.51M 48.53M
Interest Capitalized
- - - -
-
Pretax Income
(388.86M) (545.96M) 1.45B 2.51B
Pretax Income Growth
-232.12% -40.40% +365.69% +73.04%
Pretax Margin
-3.16% -3.81% +8.56% +12.94%
Income Tax
63.06M 29.19M 219.58M 13.54M
Income Tax - Current - Domestic
99.84M 56.22M 265.01M 241.52M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(36.78M) (27.03M) (45.43M) (227.97M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(451.92M) (575.15M) 1.23B 2.50B
Minority Interest Expense
- - - -
-
Net Income
(451.92M) (575.15M) 1.23B 2.50B
Net Income Growth
-1,024.53% -27.27% +314.02% +102.80%
Net Margin Growth
-3.67% -4.02% +7.26% +12.87%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(451.92M) (575.15M) 1.23B 2.50B
Preferred Dividends
- - - -
-
Net Income Available to Common
(451.92M) (575.15M) 1.23B 2.50B
EPS (Basic)
-2.3423 -2.9536 6.1357 12.1531
EPS (Basic) Growth
-1,014.85% -26.10% +307.74% +98.07%
Basic Shares Outstanding
192.93M 194.73M 200.62M 205.41M
EPS (Diluted)
-3.0803 -2.9536 5.947 11.8589
EPS (Diluted) Growth
-153.98% +4.11% +301.35% +99.41%
Diluted Shares Outstanding
195.85M 194.73M 206.99M 210.51M
EBITDA
(503.42M) (178.38M) 1.65B 2.60B
EBITDA Growth
-286.80% +64.57% +1,027.16% +57.49%
EBITDA Margin
-4.08% -1.25% +9.76% +13.43%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 545.649
Number of Ratings 43 Current Quarters Estimate 2.907
FY Report Date 03 / 2026 Current Year's Estimate 12.938
Last Quarter’s Earnings 4.43 Median PE on CY Estimate N/A
Year Ago Earnings 10.51 Next Fiscal Year Estimate 16.154
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 26 25 35 31
Mean Estimate 2.91 3.02 12.94 16.15
High Estimates 4.63 4.75 19.63 22.68
Low Estimate 1.92 2.34 10.54 13.99
Coefficient of Variance 17.33 17.35 13.07 10.21

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 27 28 24
OVERWEIGHT 8 10 8
HOLD 8 8 8
UNDERWEIGHT 0 0 2
SELL 0 0 0
MEAN Overweight Overweight Overweight

Spotify Technology Sa in the News

Spotify plans to raise prices later this year: report

Listening to Spotify will get more expensive for premium users when the company implements price increases in five non-U.S. markets in April, according to Bloomberg. They will hit the U.S. later in the year.