Spotify Technology (SPOT) Cash from Operations (2017 - 2026)
Spotify Technology's (SPOT) quarterly Cash from Operations came in at $948.5 million in Q2 2026, up 18.18% year-over-year from $802.6 million in Q2 2025, and down 3.09% quarter-over-quarter from $978.7 million in Q1 2026.
Analysis
Spotify Technology (SPOT) Cash from Operations (2017 - 2026) Analysis & Trends
Spotify Technology has disclosed Cash from Operations across 10 years of filings, most recently posting $948.5 million for Q2 2026.
- In Q2 2026, Cash from Operations rose 18.18% year-over-year to $948.5 million; the TTM figure through Jun 2026 stood at $3.9 billion (up 25.64% YoY), while the FY2025 annual figure was $3.4 billion, up 38.85% from the prior year.
- Cash from Operations came in at $948.5 million for Q2 2026 at Spotify Technology, down from $978.7 million in the prior quarter.
- In the past five years, Cash from Operations ranged from a high of $996.4 million in Q4 2025 to a low of -$71.4 million in Q4 2022.
- Average Cash from Operations over 5 years is $474.3 million, with a median of $478.5 million recorded in 2023.
- Year-over-year, Cash from Operations plunged 152.46% in 2022 and surged 3642.78% in 2024.
- Over 5 years, Cash from Operations stood at -$71.4 million in 2022, then jumped by 698.1% to $427.1 million in 2023, then jumped by 120.9% to $943.6 million in 2024, then gained by 5.6% to $996.4 million in 2025, then fell by 4.81% to $948.5 million in 2026.
- Per Business Quant data, the three most recent Cash from Operations figures were $948.5 million in Q2 2026, $978.7 million in Q1 2026, and $996.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 1.74 Bn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 948.49 Mn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | 422.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | -320.58 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | 49.87 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | - |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | -2.43 Mn |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | -1.95 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | - |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | -1.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 948.49 Mn |
| Mar 31, 2026 | 978.74 Mn |
| Dec 31, 2025 | 996.42 Mn |
| Sep 30, 2025 | 969.15 Mn |
| Jun 30, 2025 | 802.56 Mn |
| Mar 31, 2025 | 566.97 Mn |
| Dec 31, 2024 | 943.57 Mn |
| Sep 30, 2024 | 785.23 Mn |
| Jun 30, 2024 | 529.83 Mn |
| Mar 31, 2024 | 229.22 Mn |
| Dec 31, 2023 | 427.15 Mn |
| Sep 30, 2023 | 229.69 Mn |
| Jun 30, 2023 | 14.16 Mn |
| Mar 31, 2023 | 63.33 Mn |
| Dec 31, 2022 | -71.42 Mn |
| Sep 30, 2022 | 40.33 Mn |
| Jun 30, 2022 | 41.62 Mn |
| Mar 31, 2022 | 41.53 Mn |
| Dec 31, 2021 | 136.13 Mn |
| Sep 30, 2021 | 145.05 Mn |