Spotify Technology (SPOT) Debt Ratio (2017 - 2026)
Spotify Technology's (SPOT) quarterly Debt Ratio came in at 0.0 in Q1 2026, down 98.95% year-on-year from 0.13 in Q1 2025, and down 98.59% quarter-over-quarter from 0.1 in Q4 2025.
Spotify Technology (SPOT) Debt Ratio (2017 - 2026) Analysis & Trends
Spotify Technology has disclosed Debt Ratio across 10 years of filings, most recently posting 0.0 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.0, down 98.95% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.0 (down 98.95% YoY), and the FY2025 annual result was 0.1, down 24.25% from the prior year.
- Debt Ratio came in at 0.0 for Q1 2026 at Spotify Technology, down from 0.1 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.3 in Q4 2022 to a low of 0.0 in Q1 2026.
- The 5-year median for Debt Ratio is 0.14 (2025), against an average of 0.15.
- Across the five-year window, Debt Ratio grew 9.87% in 2025 and slumped 98.95% in 2026, its largest moves.
- Spotify Technology's Debt Ratio stood at 0.3 in 2022, then decreased by 2.42% to 0.29 in 2023, then sank by 55.53% to 0.13 in 2024, then retreated by 24.25% to 0.1 in 2025, then tumbled by 98.59% to 0.0 in 2026.
- The last three Debt Ratio figures came in at 0.0 (Q1 2026), 0.1 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,942,920.03 Bn | 1,942,920.03 Bn | 295.20 Mn | 0.38 |
| 2 | Alphabet | 4,333.14 Bn | 4,117.52 Bn | 102.29 Bn | 0.11 |
| 3 | Meta Platforms | 1,436.75 Bn | 1,355.57 Bn | 46.09 Bn | 0.15 |
| 4 | Spotify Technology | 115.76 Bn | 105.52 Bn | 1.75 Bn | 0.00 |
| 5 | 31.07 Bn | 28.30 Bn | 511.94 Mn | - | |
| 6 | 12.92 Bn | 11.62 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 12.73 Bn | 10.63 Bn | 255.62 Bn | - |
| 8 | Snap | 8.83 Bn | 6.00 Bn | 1.29 Bn | 0.47 |
| 9 | Match | 8.15 Bn | 7.13 Bn | 653.28 Mn | 0.90 |
| 10 | Zillow | 7.57 Bn | 6.79 Bn | 519.00 Mn | 0.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.00 |
| 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 | 0.17 |
| Jun 30, 2021 | 0.16 |