Spotify Technology (SPOT) Current Deferred Revenue (2017 - 2026)
Spotify Technology (SPOT) recorded Current Deferred Revenue of $900.46 million in Q3 2026, up 10.9% from $811.82 million a year earlier and up 1.3% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Current Deferred Revenue (2017 - 2026) Analysis & Trends
At the end of FY2025, Spotify Technology reported Current Deferred Revenue of $835.23 million, up 17.5% from FY2024.
- Annual Current Deferred Revenue has increased for eight straight years, with a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- Across earlier years, Current Deferred Revenue came in at $710.74 million in FY2024 (+3.2%), $688.44 million in FY2023 (+24.2%), $554.36 million in FY2022 (+6.9%) and $518.69 million in FY2021 (+11.0%).
- The Q3 2026 figure is the highest quarterly Current Deferred Revenue in data going back to Q4 2017.
- On a year-over-year basis, Current Deferred Revenue has increased for 17 consecutive quarters, with growth averaging 11.0% over the last eight quarters.
- Peak year-over-year performance for Current Deferred Revenue in the last five years was growth of 24.2% in Q4 2023, against a decline of 2.2% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $888.64 million (Q2 2026), $859.5 million (Q1 2026) and $835.23 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 900.46 Mn |
| Jun 30, 2026 | 888.64 Mn |
| Mar 31, 2026 | 859.50 Mn |
| Dec 31, 2025 | 835.23 Mn |
| Sep 30, 2025 | 811.82 Mn |
| Jun 30, 2025 | 779.88 Mn |
| Mar 31, 2025 | 730.61 Mn |
| Dec 31, 2024 | 710.74 Mn |
| Sep 30, 2024 | 759.55 Mn |
| Jun 30, 2024 | 703.55 Mn |
| Mar 31, 2024 | 684.37 Mn |
| Dec 31, 2023 | 688.44 Mn |
| Sep 30, 2023 | 632.69 Mn |
| Jun 30, 2023 | 582.53 Mn |
| Mar 31, 2023 | 571.40 Mn |
| Dec 31, 2022 | 554.36 Mn |
| Sep 30, 2022 | 513.10 Mn |
| Jun 30, 2022 | 510.84 Mn |
| Mar 31, 2022 | 523.49 Mn |
| Dec 31, 2021 | 518.69 Mn |
API Access
Spotify Technology Current Deferred Revenue 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=current-deferred-revenue&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "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=current-deferred-revenue&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();