Spotify Technology S.A. (SPOT) Stock Price Quote, News &…

Summary

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.

Website

open.spotify.com

Location

Stockholm, N4, SE

Phone46702204607

Employees7,000

CEOAlex Norström

Sector

Information Technology

Industry

Communications Equipment

IPO DateApr 3, 2018

Ask AI

Company overview

Business model, segments, and competition.

Peer comparison

Metrics vs closest competitors.

Guidance & outlook

Forward guidance and assumptions.

Bull vs bear case

Upside drivers and key risks.

Valuation snapshot

Multiples vs history and peers.

Competitive moat

Defensibility and market position.

Management track record

Leadership and capital allocation history.

How it makes money

A short diagram of the business model.

Latest Documents

Mentions in Filings

Equity securities which are classified as financial assets required to be measured at FVPL mainly include foreign equity securities, and equity securities which are classified as financial assets designated to be measured at FVOCI mainly consist of Japanese equity securities. There are no transfers between Level 1 and Level 2 for the fiscal year ended March 31, 2026 or for the six months ended September 30, 2026. Shares of Spotify Technology S.A …
Sony Group CorpSpotify Technology S.A.·6-K - Current report (foreign private issuer)·Q3 27·10 Nov
Sony holds shares in Spotify Technology SA ("Spotify") as equity securities required to be measured at fair value through net income or loss. For Sony's Spotify shares, pre-tax gains (or losses) on equity investments reflect changes in the fair value of derivatives used to hedge against fluctuations in the share price, including expected distributions to artists and labels. These gains (or losses) are included in financial income (expenses) in th …
SONY GROUP CORPORATIONSpotify Technology S.A.·Interim Report - Semi-Annual Report (2026.04.01-2027.03.31)·10 Nov·10 Nov
… esident, Financial Planning & Analysis and Consolidations at Compass, Inc. (NYSE: COMP), a real estate technology company, from October 2020 to May 2022; as Head of Consolidation, Financial Planning & Analysis at Spotify Technology S.A. (NYSE: SPOT), a global audio streaming service, from May 2017 to October 2020; and has prior Financial Planning & Analysis and reporting experience at a variety of media and advertising company, including CBS Radi …
Shutterstock, Inc.Spotify Technology S.A.·DEF 14A - Definitive proxy statement·Q4 26·9 Nov
… esident, Financial Planning & Analysis and Consolidations at Compass, Inc. (NYSE: COMP), a real estate technology company, from October 2020 to May 2022; as Head of Consolidation, Financial Planning & Analysis at Spotify Technology S.A. (NYSE: SPOT), a global audio streaming service, from May 2017 to October 2020; and has prior Financial Planning & Analysis and reporting experience at a variety of media and advertising companies, including CBS Ra …
Shutterstock, Inc.Spotify Technology S.A.·8-K - Results of Operations and Financial Condition·Q4 26·5 Nov
The GraniteShares 2x Long SPOT Daily ETF (the “Fund”) seeks daily investment results of 2 times (200%) the daily percentage change of the common stock of Spotify Technology SA (NYSE: SPOT) (the “Underlying Stock”). Because the Fund seeks daily leveraged investment results, it is very different from most other exchange-traded funds. It is also riskier than alternatives that do not use a leverage strategy. The return for investors that invest for p …
GraniteShares ETF TrustSpotify Technology S.A.·497 - Form 497 - Definitive materials (investment companies)·28 Oct·28 Oct
… | | 3.37% | | 9 | | 628.77 | | 5,659 | | NFLX | Netflix, Inc. \* | | 3.34% | | 87 | | 64.54 | | 5,615 | | SPCX | Space Exploration Technologies Corp. (Class A) \* | | 3.33% | | 40 | | 139.75 | | 5,590 | | SPOT | Spotify Technology S.A. †\* | | 3.26% | | 9 | | 609.12 | | 5,482 | | TMUS | T-Mobile US, Inc. | | 3.28% | | 32 | | 172.16 | | 5,509 | | TTWO | Take-Two Interactive Software, Inc. \* | | 3.31% | | 24 | | 231.31 | | 5,551 | | VZ | Verizon …
FT 13350Spotify Technology S.A.·487 - Form 487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·12 Nov

Key Stats

Trading

Px/Chg 1D$472.89 / -3.77%

Avg Volume2.18M

Beta0.34

Mkt Cap97.22B

FD Mkt Cap111.43B

Float

Shrs Out/Float205.58M / 151.30M

Short Float0.04%

Days to Cover3.28

Stock Repurchased$311.03M

Current Valuation

EV92.43B

EV/EBITDA31.19

EV/Sales5.27

P/B12.12

P/S5.55

FCF Yield0.87%

ROE8.99%

ROA5.49%

Current Ratio2.06

Estimates

P/E35.90

Est P/E0.00

Est EPS3.43

Est PEG0.00

Valuation

Metric	5Yr Avg	Mar '23	Apr '24	Apr '25	Apr '26	Oct '26
PRICE-BASED RATIOS
Price / Earnings	33.75	-58.70	-99.65	105.38	86.90	134.84
Price / Sales	11.55	2.15	4.00	7.65	22.52	21.45
Price / Book Value	15.52	10.60	20.93	21.71	12.25	12.12
Price / Free Cash Flow	314.11	1,201.98	78.66	52.50	122.33	115.10
ENTERPRISE VALUE METRICS
Enterprise Value	76,941.0	24,448.3	51,590.5	117,138.1	99,093.1	92,434.7
Enterprise Value / Sales	11.14	2.08	3.89	7.47	21.87	20.39
Enterprise Value / EBITDA	-10.82	-154.74	-166.96	78.20	94.11	95.29
Enterprise Value / EBIT	18.92	-74.31	-110.47	85.07	96.39	97.92

Financials

Full Financials

Millions EUR	5Yr CAGR (%)	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
INCOME STATEMENT
Revenue	15.5%	9,668.0	11,727.0	13,247.0	15,673.0	17,186.0
Gross Income	20.7%	2,591.0	2,926.0	3,397.0	4,724.0	5,496.0
EBITDA	54.3%	416.0	-158.0	-309.0	1,498.0	2,357.0
EBIT	67.1%	289.0	-329.0	-467.0	1,377.0	2,255.0
Net Income	—	-34.0	-430.0	-532.0	1,138.0	2,212.0
EPS (Diluted)	—	-1.03	-2.93	-2.73	5.50	10.51
BALANCE SHEET
Cash & ST Inv	28.1%	3,510.4	3,322.4	4,230.0	7,447.9	9,463.0
Total Assets	20.2%	7,191.3	7,573.1	8,377.7	12,004.8	15,008.6
Total Liabilities	7.2%	5,066.0	5,191.9	5,845.1	6,479.9	6,680.2
Total Shareholder Equity	40.7%	2,125.3	2,381.2	2,532.6	5,524.9	8,325.5
CASH FLOW
Net Operating Cash Flow	68.8%	361.0	46.0	680.0	2,301.0	2,933.0
Cap Ex	-8%	-85.0	-25.0	-6.0	-17.0	-61.0
Free Cash Flow	79.6%	276.0	21.0	674.0	2,284.0	2,872.0

Enterprise Value Bridge

Millions USD		13 Nov '26
Price (As of 13 Nov '26)		611.18
Basic Shares		205.58
Market Cap		125,649.5
Diluted Shares		208.58
Fully Diluted Shares Outstanding		208.58
Fully Diluted Market Cap		127,479.7
+Consolidated Debt		513.4
−In-the-Money Convertible Debt		—
+Capital Leases		444.1
+Operating Leases		—
−Cash & Equivalents		-6,851.4
−Short-term Investments		-4,379.8
+Total Preferred		-
−In-the-Money Convertible Preferred		—
−Investments in Unconsolidated Subs		—
+Non-Controlling Interest		-
+Pension Liabilities		—
Enterprise Value		119,311.4

Segment data

Revenue

by Products and services

Premium88%
Ad-supported12%