Spotify Technology (SPOT) Beginning Cash Balance (2017 - 2026)
Spotify Technology (SPOT) posted Beginning Cash Balance of $6.2 billion for Q1 2026, up 22.4% sequentially from $5.0 billion in Q1 2025, and up 22.4% YoY from $5.0 billion in Q1 2025.
Spotify Technology (SPOT) Beginning Cash Balance (2017 - 2026) Analysis & Trends
Spotify Technology has reported Beginning Cash Balance for 10 years, with the latest figure at $6.2 billion in Q1 2026.
- Quarterly Beginning Cash Balance rose 22.4% year-over-year to $6.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.2 billion (up 32.96% YoY) and the FY2021 annual result came in at $1.3 billion, up 3.7% from the prior year.
- Beginning Cash Balance rose to $6.2 billion in Q1 2026 per SPOT's latest filing, from $5.0 billion in the prior quarter.
- Over five years, Beginning Cash Balance peaked at $6.2 billion in Q1 2026 and troughed at $2.7 billion in Q1 2023.
- A 5-year average of $4.1 billion and a median of $3.4 billion in 2024 frame the typical range for Beginning Cash Balance.
- The sharpest annual moves came in 2022 and 2023: Beginning Cash Balance surged 121.82% in 2022, then fell 13.46% in 2023.
- Over 5 years, Beginning Cash Balance stood at $3.1 billion in 2022, then slipped by 13.46% to $2.7 billion in 2023, then increased by 26.93% to $3.4 billion in 2024, then surged by 48.66% to $5.0 billion in 2025, then increased by 22.4% to $6.2 billion in 2026.
- According to Business Quant data, Beginning Cash Balance over the past three periods registered $6.2 billion, $5.0 billion, and $3.4 billion for Q1 2026, Q1 2025, and Q1 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,179.34 Bn | 3,750.30 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,529.21 Bn | 1,438.95 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,137.70 Bn | 1,137.57 Bn | 139.48 Mn |
| 4 | Baidu | 288.56 Bn | 284.07 Bn | 1.88 Mn |
| 5 | Spotify Technology | 103.29 Bn | 93.05 Bn | 1.75 Bn |
| 6 | Joyy | 77.47 Bn | 76.58 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.47 Bn | 39.85 Bn | 295.20 Mn |
| 9 | 30.20 Bn | 27.42 Bn | 734.60 Mn | |
| 10 | Tencent Music Entertainment | 26.85 Bn | 24.15 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.16 Bn |
| Mar 31, 2026 | 6.16 Bn |
| Mar 31, 2025 | 5.03 Bn |
| Mar 31, 2025 | 5.03 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Mar 31, 2023 | 2.67 Bn |
| Mar 31, 2023 | 2.67 Bn |
| Mar 31, 2022 | 3.08 Bn |
| Mar 31, 2022 | 3.08 Bn |
| Dec 31, 2021 | 2.87 Bn |
| Dec 31, 2021 | 2.87 Bn |
| Sep 30, 2021 | 2.88 Bn |
| Sep 30, 2021 | 2.88 Bn |
| Jun 30, 2021 | 2.94 Bn |
| Jun 30, 2021 | 2.94 Bn |
| Mar 31, 2021 | 1.39 Bn |
| Mar 31, 2021 | 1.39 Bn |
| Dec 31, 2020 | 1.41 Bn |
| Dec 31, 2020 | 1.41 Bn |