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 | 31.07 Bn | 28.30 Bn | 511.94 Mn | 3.18 Bn | |
| 6 | 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| 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 |