Spotify Technology (SPOT) Accumulated Expenses (2017 - 2026)
Spotify Technology's (SPOT) quarterly Accumulated Expenses came in at $2.9 billion in Q1 2026, up 11.3% year-on-year from $2.6 billion in Q1 2025, and down 4.01% quarter-over-quarter from $3.0 billion in Q4 2025.
Spotify Technology (SPOT) Accumulated Expenses (2017 - 2026) Analysis & Trends
Spotify Technology has disclosed Accumulated Expenses across 10 years of filings, most recently posting $2.9 billion for Q1 2026.
- Accumulated Expenses for Q1 2026 came in at $2.9 billion, up 11.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.9 billion (up 11.3% YoY), and the FY2025 annual result was $3.0 billion, up 20.16% from the prior year.
- Accumulated Expenses came in at $2.9 billion for Q1 2026 at Spotify Technology, down from $3.0 billion in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $3.0 billion in Q4 2025 to a low of $2.0 billion in Q3 2022.
- The 5-year median for Accumulated Expenses is $2.4 billion (2024), against an average of $2.5 billion.
- Across the five-year window, Accumulated Expenses climbed 22.94% in 2023 and dropped 4.47% in 2024, its largest moves.
- Spotify Technology's Accumulated Expenses stood at $2.1 billion in 2022, then advanced by 22.94% to $2.6 billion in 2023, then slipped by 4.47% to $2.5 billion in 2024, then climbed by 20.16% to $3.0 billion in 2025, then declined by 4.01% to $2.9 billion in 2026.
- The last three Accumulated Expenses figures came in at $2.9 billion (Q1 2026), $3.0 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 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 |