Spotify Technology (SPOT) Common Equity (2017 - 2026)

Spotify Technology's (SPOT) quarterly Common Equity came in at $9.4 billion in Q1 2026, up 42.71% year-on-year from $6.6 billion in Q1 2025, and down 3.28% quarter-over-quarter from $9.7 billion in Q4 2025.

Spotify Technology (SPOT) Common Equity (2017 - 2026) Analysis & Trends

Spotify Technology has disclosed Common Equity across 10 years of filings, most recently posting $9.4 billion for Q1 2026.

  • Common Equity for Q1 2026 came in at $9.4 billion, up 42.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.4 billion (up 42.71% YoY), and the FY2025 annual result was $9.7 billion, up 64.22% from the prior year.
  • Common Equity came in at $9.4 billion for Q1 2026 at Spotify Technology, down from $9.7 billion in the prior quarter.
  • In the past five years, Common Equity ranged from a high of $9.7 billion in Q4 2025 to a low of $2.2 billion in Q2 2023.
  • The 5-year median for Common Equity is $3.6 billion (2024), against an average of $4.8 billion.
  • Across the five-year window, Common Equity sank 38.42% in 2022 and soared 118.51% in 2024, its largest moves.
  • Spotify Technology's Common Equity stood at $2.4 billion in 2022, then grew by 10.82% to $2.7 billion in 2023, then surged by 117.49% to $5.9 billion in 2024, then soared by 64.22% to $9.7 billion in 2025, then declined by 3.28% to $9.4 billion in 2026.
  • The last three Common Equity figures came in at $9.4 billion (Q1 2026), $9.7 billion (Q4 2025), and $9.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Nebius 1,942,920.03 Bn 1,942,920.03 Bn 295.20 Mn 7.24 Bn
2 Alphabet 4,333.14 Bn 4,117.52 Bn 102.29 Bn 478.75 Bn
3 Meta Platforms 1,436.75 Bn 1,355.57 Bn 46.09 Bn 243.68 Bn
4 Spotify Technology 115.76 Bn 105.52 Bn 1.75 Bn 9.38 Bn
5 Reddit 31.07 Bn 28.30 Bn 511.94 Mn 3.18 Bn
6 Pinterest 12.92 Bn 11.62 Bn 768.96 Mn 2.85 Bn
7 Kanzhun 12.73 Bn 10.63 Bn 255.62 Bn -
8 Snap 8.83 Bn 6.00 Bn 1.29 Bn 2.08 Bn
9 Match 8.15 Bn 7.13 Bn 653.28 Mn -218.12 Mn
10 Zillow 7.57 Bn 6.79 Bn 519.00 Mn 4.41 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.38 Bn
Dec 31, 2025 9.70 Bn
Sep 30, 2025 9.09 Bn
Jun 30, 2025 7.50 Bn
Mar 31, 2025 6.57 Bn
Dec 31, 2024 5.90 Bn
Sep 30, 2024 5.09 Bn
Jun 30, 2024 4.59 Bn
Mar 31, 2024 3.59 Bn
Dec 31, 2023 2.71 Bn
Sep 30, 2023 2.33 Bn
Jun 30, 2023 2.24 Bn
Mar 31, 2023 2.51 Bn
Dec 31, 2022 2.45 Bn
Sep 30, 2022 2.25 Bn
Jun 30, 2022 2.46 Bn
Mar 31, 2022 2.41 Bn
Dec 31, 2021 2.42 Bn
Sep 30, 2021 2.50 Bn
Jun 30, 2021 3.25 Bn