Spotify Technology S.A.
NYSE:SPOT
686.74 (USD) • At close August 7, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | ||||||||||||||||||||||||||||||||
| Current Assets: | ||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents
| 5,171.314 | 5,008.837 | 4,780.916 | 4,684.091 | 4,048.554 | 3,468.048 | 3,125.814 | 2,628.621 | 2,550.829 | 2,440.685 | 2,462.549 | 2,859.706 | 2,783.696 | 2,734.684 | 2,752.136 | 2,507.376 | 2,438.65 | 2,439.235 | 1,149.565 | 1,180.063 | 1,145.579 | 958.994 | 1,052.926 | 873.852 | 910.997 | 965.408 | 584.485 | 1,090.393 | 814.455 | 731.284 | 489.368 | 0 |
| Short Term Investments
| 3,189.361 | 2,888.14 | 2,666.953 | 1,390.839 | 1,342.195 | 1,226.027 | 1,104.173 | 1,101.45 | 866.282 | 994.057 | 859.859 | 817.489 | 781.353 | 820.104 | 758.241 | 657.787 | 547.697 | 643.271 | 595.257 | 526.136 | 545.846 | 739.161 | 684.155 | 637.702 | 587.288 | 659.595 | 1,223.014 | 666.185 | 889.867 | 841.026 | 1,058.759 | 0 |
| Cash and Short Term Investments
| 8,360.674 | 7,896.978 | 7,447.869 | 6,074.93 | 5,390.749 | 4,694.075 | 4,229.987 | 3,730.071 | 3,417.111 | 3,434.742 | 3,322.407 | 3,677.195 | 3,565.05 | 3,554.787 | 3,510.377 | 3,165.163 | 2,986.347 | 3,082.506 | 1,744.822 | 1,706.199 | 1,691.425 | 1,698.155 | 1,737.08 | 1,511.554 | 1,498.285 | 1,625.003 | 1,807.498 | 1,756.578 | 1,704.322 | 1,572.31 | 1,548.127 | 0 |
| Net Receivables
| 820.637 | 793.39 | 798.986 | 777.351 | 786.941 | 801.942 | 881.331 | 758.063 | 640.208 | 559.469 | 689.276 | 651.985 | 616.49 | 563.821 | 627.856 | 640.818 | 561.689 | 444.496 | 467.417 | 587.036 | 453.042 | 369.076 | 401.397 | 386.607 | 431.947 | 392.759 | 402.334 | 359.481 | 326.787 | 322.244 | 369.335 | 0 |
| Inventory
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets
| 136.272 | 145.704 | 131.998 | 144.879 | 157.788 | 175.865 | 168.637 | 225.913 | 273.089 | 294.72 | 304.471 | 344.047 | 336.721 | 271.358 | 246.729 | 223.588 | 200.889 | 185.789 | 150.812 | 141.767 | 114.757 | 93.782 | 67.229 | 72.738 | 66.145 | 51.968 | 38.032 | 34.853 | 38.209 | 38.909 | 29.752 | 0 |
| Total Current Assets
| 9,317.583 | 8,836.072 | 8,378.852 | 6,997.16 | 6,335.478 | 5,671.881 | 5,279.956 | 4,714.046 | 4,330.408 | 4,288.932 | 4,316.154 | 4,673.228 | 4,518.261 | 4,389.966 | 4,384.963 | 4,029.569 | 3,748.925 | 3,712.792 | 2,363.05 | 2,435.002 | 2,259.225 | 2,161.013 | 2,205.707 | 1,970.899 | 1,996.377 | 2,069.731 | 2,247.864 | 2,150.912 | 2,069.319 | 1,933.462 | 1,947.214 | 0 |
| Non-Current Assets: | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment, Net
| 417.833 | 400.188 | 413.993 | 429.641 | 464.375 | 500.46 | 549.075 | 620.507 | 624.203 | 743.295 | 758.699 | 837.55 | 817.324 | 816.083 | 811.399 | 810.505 | 791.562 | 788.107 | 756.056 | 756.758 | 761.391 | 788.573 | 771.157 | 753.286 | 642.408 | 664.592 | 197.163 | 134.432 | 83.456 | 67.841 | 74.893 | 0 |
| Goodwill
| 1,076.146 | 1,153.659 | 1,200.979 | 1,127.059 | 1,165.432 | 1,164.725 | 1,141.314 | 1,184.787 | 1,148.373 | 1,153.905 | 1,158.38 | 1,264.851 | 1,110.081 | 982.918 | 896.651 | 867.4 | 850.529 | 814.077 | 735.082 | 594.025 | 615.699 | 632.27 | 472.581 | 487.245 | 465.019 | 423.74 | 146.121 | 144.39 | 144.792 | 132.689 | 138.5 | 0 |
| Intangible Assets
| 37.074 | 42.913 | 47.999 | 57.952 | 67.909 | 76.375 | 84.319 | 98.398 | 105.034 | 114.891 | 125.954 | 153.467 | 125.896 | 109.548 | 89.264 | 90.832 | 94.947 | 97.889 | 96.879 | 81.866 | 85.819 | 87.731 | 57.342 | 57.792 | 55.121 | 53.967 | 28.023 | 27.882 | 31.17 | 27.934 | 27.7 | 0 |
| Goodwill and Intangible Assets
| 1,113.22 | 1,196.572 | 1,248.978 | 1,185.011 | 1,233.341 | 1,241.101 | 1,225.632 | 1,283.185 | 1,253.407 | 1,268.796 | 1,284.334 | 1,418.318 | 1,235.977 | 1,092.466 | 985.915 | 958.233 | 945.477 | 911.966 | 831.961 | 675.89 | 701.517 | 720.002 | 529.923 | 545.036 | 520.14 | 477.707 | 174.144 | 172.272 | 175.962 | 160.623 | 166.201 | 0 |
| Long Term Investments
| 2,534.054 | 2,076.786 | 1,760.969 | 1,714.569 | 2,029.27 | 1,642.072 | 1,270.803 | 957.87 | 1,069.348 | 1,132.925 | 1,128.627 | 694.113 | 779.355 | 742.716 | 918.716 | 1,136.903 | 1,944.924 | 2,569.088 | 2,274.161 | 1,860.945 | 1,774.25 | 1,378.491 | 1,480.028 | 1,726.779 | 1,943.26 | 2,354.556 | 1,647.366 | 1,636.087 | 1,027.621 | 1,012.623 | 977.711 | 0 |
| Tax Assets
| 94.188 | 135.725 | 185.997 | 193.838 | 48.934 | 41.203 | 28.106 | 23.093 | 15.005 | 10.99 | 7.934 | 8.024 | 6.994 | 8.04 | 13.039 | 12.976 | 16.991 | 13.984 | 14.981 | 12.979 | 12.973 | 6.05 | 8.898 | 8.968 | 10.022 | 9.994 | 8.007 | 10.954 | 10.055 | 9.977 | 9.233 | 0 |
| Other Non-Current Assets
| 15.03 | 15.968 | 16 | 23.98 | 20.972 | 23.114 | 24.091 | 24.097 | 22.007 | 76.927 | 77.358 | 24.073 | 23.98 | 25.126 | 77.228 | 27.948 | 28.984 | 31.964 | 77.903 | 12.979 | 12.973 | 14.118 | 68.218 | 12.953 | 12.026 | 12.992 | 65.054 | 10.954 | 12.066 | 9.977 | 12.311 | 0 |
| Total Non-Current Assets
| 4,174.325 | 3,825.239 | 3,625.936 | 3,547.04 | 3,796.893 | 3,447.949 | 3,097.708 | 2,908.752 | 2,983.97 | 3,232.933 | 3,256.951 | 2,982.079 | 2,863.63 | 2,684.432 | 2,806.296 | 2,946.566 | 3,727.937 | 4,315.109 | 3,955.063 | 3,319.55 | 3,263.103 | 2,907.234 | 2,858.224 | 3,047.022 | 3,127.857 | 3,519.841 | 2,091.734 | 1,964.699 | 1,309.161 | 1,261.04 | 1,240.348 | 0 |
| Total Assets
| 13,491.908 | 12,661.311 | 12,004.788 | 10,544.2 | 10,132.37 | 9,119.831 | 8,377.664 | 7,622.799 | 7,314.378 | 7,521.865 | 7,573.105 | 7,655.307 | 7,381.891 | 7,074.399 | 7,191.258 | 6,976.135 | 7,476.862 | 8,027.901 | 6,318.113 | 5,754.553 | 5,522.327 | 5,068.247 | 5,063.93 | 5,017.921 | 5,124.234 | 5,589.572 | 4,339.598 | 4,115.611 | 3,378.48 | 3,194.502 | 3,187.562 | 0 |
| Liabilities & Equity: | ||||||||||||||||||||||||||||||||
| Current Liabilities: | ||||||||||||||||||||||||||||||||
| Account Payables
| 804.605 | 691.597 | 932.984 | 737.385 | 748.992 | 718.532 | 664.512 | 657.657 | 623.203 | 591.439 | 583.157 | 697.122 | 577.522 | 451.258 | 535.583 | 527.028 | 484.732 | 439.502 | 433.459 | 423.305 | 364.23 | 380.169 | 372.726 | 350.736 | 288.633 | 254.844 | 295.245 | 261.893 | 258.413 | 254.403 | 248.275 | 0 |
| Short Term Debt
| 1,932.855 | 1,650.651 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.066 | 30.981 | 0 | 0 | 0 | 0 | 1.026 | 0 |
| Tax Payables
| 384 | 0 | 368 | 343 | 17.01 | 14 | 303 | 279 | 264 | 9 | 255 | 254 | 240 | 242 | 23 | 233 | 216 | 208 | 9 | 174 | 169 | 158 | 9 | 8 | 136 | 129 | 5 | 111 | 105 | 99 | 100 | 0 |
| Deferred Revenue
| 666.329 | 673.633 | 682.988 | 679.433 | 656.117 | 637.132 | 624.36 | 601.43 | 536.174 | 523.503 | 515.717 | 523.594 | 488.596 | 471.359 | 459.358 | 439.19 | 438.757 | 423.52 | 379.526 | 362.405 | 348.264 | 319.665 | 315.383 | 306.894 | 290.637 | 272.833 | 258.214 | 238.99 | 235.287 | 222.478 | 221.601 | 0 |
| Other Current Liabilities
| 2,536.825 | 2,937.041 | 2,465.95 | 2,342.758 | 2,631.427 | 2,615.928 | 2,513.646 | 2,177.927 | 2,123.776 | 2,331.78 | 2,133.166 | 2,094.149 | 2,025.126 | 1,974.089 | 2,217.624 | 1,870.121 | 1,827.869 | 1,861.654 | 2,074.399 | 1,699.924 | 1,871.686 | 1,500.827 | 1,714.239 | 1,781.553 | 1,893.449 | 1,817.806 | 1,590.323 | 1,828.804 | 1,693.839 | 1,367.558 | 1,337.327 | 0 |
| Total Current Liabilities
| 6,324.614 | 5,952.922 | 4,449.921 | 4,102.576 | 4,053.547 | 3,985.592 | 4,105.517 | 3,716.014 | 3,547.153 | 3,455.722 | 3,487.04 | 3,568.866 | 3,331.243 | 3,138.705 | 3,235.565 | 3,069.34 | 2,967.358 | 2,932.676 | 2,896.385 | 2,659.634 | 2,753.18 | 2,358.661 | 2,411.348 | 2,447.183 | 2,638.785 | 2,505.463 | 2,148.781 | 2,440.688 | 2,292.54 | 1,943.439 | 1,908.228 | 0 |
| Non-Current Liabilities: | ||||||||||||||||||||||||||||||||
| Long Term Debt
| 453.905 | 447.093 | 2,000.965 | 1,784.511 | 1,792.589 | 1,771.709 | 1,702.434 | 1,736.014 | 1,689.549 | 1,700.387 | 1,669.138 | 1,810.512 | 1,717.579 | 1,741.715 | 1,786.281 | 1,753.766 | 1,774.018 | 1,813.944 | 576.281 | 591.03 | 610.709 | 629.245 | 614.948 | 615.781 | 518.136 | 554.66 | 0 | 0 | 0 | 1,019.607 | 968.477 | 0 |
| Deferred Revenue Non-Current
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85.071 | 76.676 | 70.385 | -0.998 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 66.132 | 20.957 | 21 | 19.983 | 18.974 | 17.084 | 8.03 | 6.024 | 6.002 | 5.994 | 4.959 | 2.006 | 0.999 | 0 | 0 | 0 | 0 | 0 | 0 | 0.998 | 0.998 | 2.017 | 1.977 | 0.996 | 2.004 | 60.963 | 2.002 | 1.992 | 2.011 | 2.993 | 3.078 | 0 |
| Other Non-Current Liabilities
| 7.014 | 5.988 | 8 | 7.993 | 13.981 | 20.099 | 29.11 | 17.069 | 17.006 | 19.981 | 30.745 | 34.104 | 32.973 | 36.181 | 44.13 | 39.926 | 37.979 | 40.954 | 43.945 | 40.933 | 38.918 | 48.403 | 21.751 | 18.932 | 16.035 | 7.995 | 8.007 | 8.962 | 9.049 | 68.838 | 63.608 | 0 |
| Total Non-Current Liabilities
| 527.051 | 474.038 | 2,029.964 | 1,812.487 | 1,825.544 | 1,808.892 | 1,739.575 | 1,759.107 | 1,712.557 | 1,726.362 | 1,704.841 | 1,846.622 | 1,751.551 | 1,777.896 | 1,830.411 | 1,793.692 | 1,811.997 | 1,854.898 | 620.226 | 632.961 | 650.625 | 679.665 | 638.676 | 635.71 | 536.175 | 623.618 | 95.079 | 87.63 | 81.445 | 1,090.441 | 1,035.163 | 0 |
| Total Liabilities
| 6,851.665 | 6,426.96 | 6,479.886 | 5,915.063 | 5,879.092 | 5,794.484 | 5,845.092 | 5,475.121 | 5,259.71 | 5,182.084 | 5,191.881 | 5,415.488 | 5,082.794 | 4,916.602 | 5,065.976 | 4,863.032 | 4,779.355 | 4,787.574 | 3,516.61 | 3,292.595 | 3,403.805 | 3,038.326 | 3,050.024 | 3,082.893 | 3,174.961 | 3,129.081 | 2,243.86 | 2,528.318 | 2,373.985 | 3,033.879 | 2,943.391 | 0 |
| Equity: | ||||||||||||||||||||||||||||||||
| Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings
| -2,910.805 | -2,813.292 | -3,043.946 | -3,408.156 | -3,706.015 | -4,004.686 | -4,197.866 | -4,128.681 | -4,178.358 | -3,871.328 | -3,616.961 | -3,389.319 | -3,211.343 | -3,104.534 | -3,229.547 | -3,278.953 | -3,285.182 | -3,263.301 | -3,285.898 | -3,159.813 | -3,057.537 | -2,730.763 | -2,678.287 | -2,491.025 | -2,747.022 | -2,663.366 | -2,507.078 | -2,934.601 | -3,006.445 | -2,589.921 | -2,489.93 | 0 |
| Accumulated Other Comprehensive Income/Loss
| 3,380.742 | 2,993.926 | 2,706.952 | 2,478.931 | 2,591.514 | 2,169.665 | 1,818.875 | 1,588.418 | 1,594.518 | 1,613.47 | 1,508.472 | 1,088.313 | 987.183 | 712.566 | 855.529 | 920.303 | 1,500.17 | 2,049.677 | 1,684.897 | 1,264.923 | 1,184.496 | 828.909 | 913.524 | 1,048.223 | 1,199.63 | 1,490.086 | 875.726 | 754.811 | 257.408 | 225.471 | 181.589 | 0 |
| Other Total Stockholders Equity
| 6,170.306 | 6,053.717 | 5,861.897 | 5,558.361 | 5,367.779 | 5,160.367 | 4,911.563 | 4,687.941 | 4,638.508 | 4,597.639 | 4,489.713 | 4,540.825 | 4,523.257 | 4,549.766 | 4,499.301 | 4,471.753 | 4,482.519 | 4,453.952 | 4,402.504 | 4,356.847 | 3,991.563 | 3,931.774 | 3,778.669 | 3,377.83 | 3,496.666 | 3,633.771 | 3,727.09 | 3,767.084 | 3,753.531 | 2,525.073 | 2,552.512 | 0 |
| Total Shareholders Equity
| 6,640.243 | 6,234.351 | 5,524.902 | 4,629.136 | 4,253.279 | 3,325.346 | 2,532.572 | 2,147.677 | 2,054.668 | 2,339.781 | 2,381.224 | 2,239.819 | 2,299.097 | 2,157.797 | 2,125.283 | 2,113.103 | 2,697.507 | 3,240.327 | 2,801.503 | 2,461.958 | 2,118.522 | 2,029.921 | 2,013.906 | 1,935.028 | 1,949.273 | 2,460.491 | 2,095.737 | 1,587.294 | 1,004.494 | 160.623 | 244.171 | 0 |
| Total Equity
| 6,640.243 | 6,234.351 | 5,524.902 | 4,629.136 | 4,253.279 | 3,325.346 | 2,532.572 | 2,147.677 | 2,054.668 | 2,339.781 | 2,381.224 | 2,239.819 | 2,299.097 | 2,157.797 | 2,125.283 | 2,113.103 | 2,697.507 | 3,240.327 | 2,801.503 | 2,461.958 | 2,118.522 | 2,029.921 | 2,013.906 | 1,935.028 | 1,949.273 | 2,460.491 | 2,095.737 | 1,587.294 | 1,004.494 | 160.623 | 244.171 | 0 |
| Total Liabilities & Shareholders Equity
| 13,491.908 | 12,661.311 | 12,004.788 | 10,544.2 | 10,132.37 | 9,119.831 | 8,377.664 | 7,622.799 | 7,314.378 | 7,521.865 | 7,573.105 | 7,655.307 | 7,381.891 | 7,074.399 | 7,191.258 | 6,976.135 | 7,476.862 | 8,027.901 | 6,318.113 | 5,754.553 | 5,522.327 | 5,068.247 | 5,063.93 | 5,017.921 | 5,124.234 | 5,589.572 | 4,339.598 | 4,115.611 | 3,378.48 | 3,194.502 | 3,187.562 | 0 |