Spotify Technology (SPOT) Accumulated Expenses (2017 - 2026)
Spotify Technology (SPOT) posted Accumulated Expenses of $2.9 billion for Q1 2026, down 4.01% sequentially from $3.0 billion in Q4 2025, and up 11.3% YoY from $2.6 billion in Q1 2025.
Spotify Technology (SPOT) Accumulated Expenses (2017 - 2026) Analysis & Trends
Spotify Technology has reported Accumulated Expenses for 10 years, with the latest figure at $2.9 billion in Q1 2026.
- Quarterly Accumulated Expenses rose 11.3% year-over-year to $2.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.9 billion (up 11.3% YoY) and the FY2025 annual result came in at $3.0 billion, up 20.16% from the prior year.
- Accumulated Expenses retreated to $2.9 billion in Q1 2026 per SPOT's latest filing, from $3.0 billion in the prior quarter.
- Over five years, Accumulated Expenses peaked at $3.0 billion in Q4 2025 and troughed at $2.0 billion in Q3 2022.
- A 5-year average of $2.5 billion and a median of $2.4 billion in 2024 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2023 and 2024: Accumulated Expenses increased 22.94% in 2023, then fell 4.47% in 2024.
- Over 5 years, Accumulated Expenses stood at $2.1 billion in 2022, then grew by 22.94% to $2.6 billion in 2023, then declined by 4.47% to $2.5 billion in 2024, then increased by 20.16% to $3.0 billion in 2025, then retreated by 4.01% to $2.9 billion in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $2.9 billion, $3.0 billion, and $2.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,204.12 Bn | 3,775.09 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,535.92 Bn | 1,445.66 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,133.50 Bn | 1,133.37 Bn | 139.48 Mn |
| 4 | Baidu | 289.11 Bn | 284.61 Bn | 1.88 Mn |
| 5 | Spotify Technology | 102.49 Bn | 92.25 Bn | 1.75 Bn |
| 6 | Joyy | 77.64 Bn | 76.76 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.21 Bn | 39.58 Bn | 295.20 Mn |
| 9 | 30.41 Bn | 27.62 Bn | 734.60 Mn | |
| 10 | Tencent Music Entertainment | 27.03 Bn | 24.32 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.89 Bn |
| Dec 31, 2025 | 3.01 Bn |
| Sep 30, 2025 | 2.94 Bn |
| Jun 30, 2025 | 2.76 Bn |
| Mar 31, 2025 | 2.60 Bn |
| Dec 31, 2024 | 2.51 Bn |
| Sep 30, 2024 | 2.50 Bn |
| Jun 30, 2024 | 2.39 Bn |
| Mar 31, 2024 | 2.42 Bn |
| Dec 31, 2023 | 2.63 Bn |
| Sep 30, 2023 | 2.29 Bn |
| Jun 30, 2023 | 2.24 Bn |
| Mar 31, 2023 | 2.17 Bn |
| Dec 31, 2022 | 2.14 Bn |
| Sep 30, 2022 | 2.04 Bn |
| Jun 30, 2022 | 2.08 Bn |
| Mar 31, 2022 | 2.11 Bn |
| Dec 31, 2021 | 2.11 Bn |
| Sep 30, 2021 | 2.06 Bn |
| Jun 30, 2021 | 2.06 Bn |