Spotify Technology (SPOT) Common Equity (2017 - 2026)
Spotify Technology (SPOT) posted Common Equity of $9.4 billion for Q1 2026, down 3.28% sequentially from $9.7 billion in Q4 2025, and up 42.71% YoY from $6.6 billion in Q1 2025.
Spotify Technology (SPOT) Common Equity (2017 - 2026) Analysis & Trends
Spotify Technology has reported Common Equity for 10 years, with the latest figure at $9.4 billion in Q1 2026.
- Quarterly Common Equity rose 42.71% year-over-year to $9.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.4 billion (up 42.71% YoY) and the FY2025 annual result came in at $9.7 billion, up 64.22% from the prior year.
- Common Equity declined to $9.4 billion in Q1 2026 per SPOT's latest filing, from $9.7 billion in the prior quarter.
- Over five years, Common Equity peaked at $9.7 billion in Q4 2025 and troughed at $2.2 billion in Q2 2023.
- A 5-year average of $4.8 billion and a median of $3.6 billion in 2024 frame the typical range for Common Equity.
- The sharpest annual moves came in 2022 and 2024: Common Equity sank 38.42% in 2022, then surged 118.51% in 2024.
- Over 5 years, Common Equity stood at $2.4 billion in 2022, then rose by 10.82% to $2.7 billion in 2023, then jumped by 117.49% to $5.9 billion in 2024, then surged by 64.22% to $9.7 billion in 2025, then retreated by 3.28% to $9.4 billion in 2026.
- According to Business Quant data, Common Equity over the past three periods registered $9.4 billion, $9.7 billion, and $9.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,255.28 Bn | 3,826.24 Bn | 73.85 Bn | 640.48 Bn |
| 2 | Meta Platforms | 1,552.50 Bn | 1,462.24 Bn | 49.47 Bn | 261.22 Bn |
| 3 | Taboola.com | 1,147.41 Bn | 1,147.28 Bn | 139.48 Mn | 937.99 Mn |
| 4 | Baidu | 288.87 Bn | 284.38 Bn | 1.88 Mn | 40.44 Bn |
| 5 | Spotify Technology | 104.29 Bn | 94.05 Bn | 1.75 Bn | 9.38 Bn |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | 6.58 Bn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 1.16 Mn |
| 8 | Nebius | 49.09 Bn | 39.47 Bn | 295.20 Mn | 7.24 Bn |
| 9 | 30.80 Bn | 28.01 Bn | 734.60 Mn | 3.29 Bn | |
| 10 | Tencent Music Entertainment | 27.36 Bn | 24.66 Bn | 514.00 Mn | 11.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |