Spotify Technology (SPOT) Debt Ratio (2021 - 2026)
Spotify Technology (SPOT) posted Debt Ratio of 0.1 for Q1 2026, down 202.29% sequentially from 0.1 in Q4 2025, and down 176.19% YoY from 0.13 in Q1 2025.
Spotify Technology (SPOT) Debt Ratio (2021 - 2026) Analysis & Trends
Spotify Technology has reported Debt Ratio for 6 years, with the latest figure at 0.1 in Q1 2026.
- Quarterly Debt Ratio fell 176.19% year-over-year to 0.1 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.1 (down 176.19% YoY) and the FY2025 annual result came in at 0.1, down 24.25% from the prior year.
- Debt Ratio slipped to 0.1 in Q1 2026 per SPOT's latest filing, from 0.1 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.3 in Q4 2022 and troughed at 0.1 in Q1 2026.
- A 5-year average of 0.14 and a median of 0.14 in 2025 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2025 and 2026: Debt Ratio rose 9.87% in 2025, then plunged 176.19% in 2026.
- Over 5 years, Debt Ratio stood at 0.3 in 2022, then dropped by 2.42% to 0.29 in 2023, then sank by 55.53% to 0.13 in 2024, then slipped by 24.25% to 0.1 in 2025, then slumped by 202.29% to 0.1 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.1, 0.1, and 0.12 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,253.34 Bn | 3,824.30 Bn | 73.85 Bn | 0.11 |
| 2 | Meta Platforms | 1,548.59 Bn | 1,458.33 Bn | 49.47 Bn | 0.19 |
| 3 | Taboola.com | 1,144.63 Bn | 1,144.50 Bn | 139.48 Mn | 0.05 |
| 4 | Baidu | 289.09 Bn | 284.60 Bn | 1.88 Mn | 0.14 |
| 5 | Spotify Technology | 104.28 Bn | 94.04 Bn | 1.75 Bn | -0.10 |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | 0.00 |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.00 Bn | 39.37 Bn | 295.20 Mn | 0.38 |
| 9 | 30.74 Bn | 27.96 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 27.35 Bn | 24.65 Bn | 514.00 Mn | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.10 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.14 |
| Mar 31, 2025 | 0.13 |
| Dec 31, 2024 | 0.13 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.16 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.15 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 416.58 |
| Jun 30, 2021 | 0.16 |