Spotify Technology (SPOT) Change in Cash (2017 - 2026)
Spotify Technology (SPOT) recorded Change in Cash of $93.18 million in Q3 2026, down 72.6% from $340.2 million a year earlier and down 87.9% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Change in Cash (2017 - 2026) Analysis & Trends
On a TTM basis, Spotify Technology's Change in Cash came in at $587.67 million as of Sep 30, 2026, down 40.7% year-over-year; for FY2025, it was $892.82 million, down 45.9% from FY2024.
- Annual Change in Cash has a five-year compound annual growth rate of 35.4% (FY2020 to FY2025).
- Across earlier years, Change in Cash came in at $1.65 billion in FY2024 (+118.8%), $753.96 million in FY2023, -$439.5 million in FY2022 and $1.69 billion in FY2021 (+758.1%).
- Quarterly Change in Cash has ranged from -$222.33 million in Q4 2025 to $803.9 million in Q3 2024 over the past five years.
- On a year-over-year basis, Change in Cash rose in two of the last five quarters, with an average decline of 9.1%.
- Per Business Quant, the preceding three quarters came in at $767.16 million (Q2 2026), -$50.34 million (Q1 2026) and -$222.33 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - | 423.00 Mn |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - | -4.92 Bn |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn | -905.01 Mn |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn | -6.58 Bn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn | -192.00 Mn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn | -933.00 Mn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn | 93.18 Mn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - | 1.33 Bn |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn | 1.02 Bn |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn | 1.46 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 93.18 Mn |
| Jun 30, 2026 | 767.16 Mn |
| Mar 31, 2026 | -50.34 Mn |
| Dec 31, 2025 | -222.33 Mn |
| Sep 30, 2025 | 340.20 Mn |
| Jun 30, 2025 | 357.70 Mn |
| Mar 31, 2025 | 369.21 Mn |
| Dec 31, 2024 | -75.87 Mn |
| Sep 30, 2024 | 803.90 Mn |
| Jun 30, 2024 | 628.90 Mn |
| Mar 31, 2024 | 324.82 Mn |
| Dec 31, 2023 | 630.50 Mn |
| Sep 30, 2023 | 7.62 Mn |
| Jun 30, 2023 | 128.49 Mn |
| Mar 31, 2023 | -15.03 Mn |
| Dec 31, 2022 | -195.89 Mn |
| Sep 30, 2022 | -90.74 Mn |
| Jun 30, 2022 | -40.55 Mn |
| Mar 31, 2022 | -108.87 Mn |
| Dec 31, 2021 | 207.06 Mn |
API Access
Spotify Technology Change in Cash 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=change-in-cash&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "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=change-in-cash&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();