Spotify Technology (SPOT) Cash & Equivalents (2017 - 2026)
Spotify Technology's Cash & Equivalents came in at $6.84 billion for Q3 2026, up 6.9% from $6.4 billion a year earlier and up 0.9% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Cash & Equivalents (2017 - 2026) Analysis & Trends
At the end of FY2025, Spotify Technology's Cash & Equivalents was $6.18 billion, up 24.2% from FY2024.
- Cash & Equivalents has increased in each of the last three years, with a five-year compound annual growth rate of 34.3% (FY2020 to FY2025).
- Going back by year, Cash & Equivalents was $4.98 billion in FY2024 (+44.3%), $3.45 billion in FY2023 (+30.2%), $2.65 billion in FY2022 (-14.8%) and $3.11 billion in FY2021 (+119.5%).
- The Q3 2026 figure represents the highest quarterly Cash & Equivalents in data going back to Q4 2017.
- Year-over-year, Cash & Equivalents has increased for 12 consecutive quarters, with growth averaging 25.7% over the last eight quarters.
- The fastest year-over-year change in Cash & Equivalents over five years came in Q4 2021 (growth of 119.5%), and the weakest in Q4 2022 (a decline of 14.8%).
- Business Quant data shows SPOT's Cash & Equivalents at $6.78 billion (Q2 2026), $6.02 billion (Q1 2026) and $6.18 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,476.16 Bn | 3,211.06 Bn | 76.16 Bn | 56.33 Bn |
| 2 | Meta Platforms | 1,576.13 Bn | 1,240.65 Bn | 51.23 Bn | 11.22 Bn |
| 3 | Netflix | 263.72 Bn | 225.02 Bn | 6.80 Bn | 8.19 Bn |
| 4 | Alibaba Group Holding | 253.73 Bn | 67.37 Bn | 15.16 Bn | 21.06 Bn |
| 5 | Shopify | 192.24 Bn | 171.05 Bn | 1.78 Bn | 1.87 Bn |
| 6 | Uber Technologies | 141.01 Bn | 111.83 Bn | 6.42 Bn | 9.56 Bn |
| 7 | AppLovin | 130.33 Bn | 118.85 Bn | 1.94 Bn | 3.17 Bn |
| 8 | Spotify Technology | 124.24 Bn | 81.16 Bn | 1.89 Bn | 6.84 Bn |
| 9 | Booking Holdings | 123.27 Bn | 57.02 Bn | - | 15.81 Bn |
| 10 | PDD Holdings | 116.67 Bn | -127.38 Bn | 9.48 Bn | 19.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.84 Bn |
| Jun 30, 2026 | 6.78 Bn |
| Mar 31, 2026 | 6.02 Bn |
| Dec 31, 2025 | 6.18 Bn |
| Sep 30, 2025 | 6.40 Bn |
| Jun 30, 2025 | 6.05 Bn |
| Mar 31, 2025 | 5.43 Bn |
| Dec 31, 2024 | 4.98 Bn |
| Sep 30, 2024 | 5.24 Bn |
| Jun 30, 2024 | 4.34 Bn |
| Mar 31, 2024 | 3.73 Bn |
| Dec 31, 2023 | 3.45 Bn |
| Sep 30, 2023 | 2.77 Bn |
| Jun 30, 2023 | 2.77 Bn |
| Mar 31, 2023 | 2.66 Bn |
| Dec 31, 2022 | 2.65 Bn |
| Sep 30, 2022 | 2.80 Bn |
| Jun 30, 2022 | 2.91 Bn |
| Mar 31, 2022 | 3.04 Bn |
| Dec 31, 2021 | 3.11 Bn |
API Access
Spotify Technology Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();