Spotify Technology (SPOT) Change in Working Capital (2017 - 2023)
Spotify Technology (SPOT) posted Change in Working Capital of -$9.4 million for Q1 2026, down 904.61% sequentially from $1.2 million in Q4 2025, and down 196.8% YoY from $9.7 million in Q1 2025.
Spotify Technology (SPOT) Change in Working Capital (2017 - 2023) Analysis & Trends
Spotify Technology (SPOT) has 10 years of Change in Working Capital data on file, last reported at -$9.4 million in Q1 2026.
- Quarterly Change in Working Capital fell 196.8% year-over-year to -$9.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.4 million (up 27.68% YoY) and the FY2025 annual result came in at $11.6 million, up 444.66% from the prior year.
- Change in Working Capital retreated to -$9.4 million in Q1 2026 per SPOT's latest filing, from $1.2 million in the prior quarter.
- The five-year high for Change in Working Capital was $14.0 million in Q1 2023, with the low at -$10.9 million in Q2 2023.
- Average Change in Working Capital over 5 years is $710331.4, with a median of $1.2 million recorded in 2025.
- Year-over-year, Change in Working Capital sank 365.82% in 2022 and soared 1056.25% in 2025.
- Spotify Technology's Change in Working Capital stood at $3.1 million in 2022, then jumped by 75.76% to $5.4 million in 2023, then jumped by 78.77% to $9.6 million in 2024, then slumped by 87.9% to $1.2 million in 2025, then tumbled by 904.61% to -$9.4 million in 2026.
- Business Quant data shows SPOT's Change in Working Capital at -$9.4 million in Q1 2026, $1.2 million in Q4 2025, and $1.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Spotify Technology | 101.23 Bn | 90.99 Bn | 1.75 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 498.16 Mn |
| Dec 31, 2023 | 498.16 Mn |
| Dec 31, 2022 | 170.38 Mn |
| Dec 31, 2022 | 170.38 Mn |
| Dec 31, 2020 | -149.04 Mn |
| Dec 31, 2020 | -149.04 Mn |
| Sep 30, 2020 | -117.98 Mn |
| Sep 30, 2020 | -117.98 Mn |
| Dec 31, 2019 | -231.34 Mn |
| Dec 31, 2019 | -231.34 Mn |
| Jun 30, 2019 | -85.40 Mn |
| Jun 30, 2019 | -85.40 Mn |
| Mar 31, 2019 | -161.40 Mn |
| Mar 31, 2019 | -161.40 Mn |
| Dec 31, 2018 | 602.66 Mn |
| Dec 31, 2018 | 602.66 Mn |
| Sep 30, 2018 | 50.01 Mn |
| Sep 30, 2018 | 50.01 Mn |
| Jun 30, 2018 | -470.22 Mn |
| Jun 30, 2018 | -470.22 Mn |