Spotify Technology (SPOT) Depreciation & Amortization (CF) (2017 - 2026)
Spotify Technology (SPOT) recorded Depreciation & Amortization (CF) of $31.06 million in Q3 2026, up 39.8% from $22.21 million a year earlier and up 11.3% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Depreciation & Amortization (CF) (2017 - 2026) Analysis & Trends
On a TTM basis, Spotify Technology's Depreciation & Amortization (CF) came in at $105.65 million as of Sep 30, 2026, up 19.6% year-over-year; for FY2025, it was $91.96 million, up 1.2% from FY2024.
- Annual Depreciation & Amortization (CF) has a five-year compound annual growth rate of -1.3% (FY2020 to FY2025).
- Across earlier years, Depreciation & Amortization (CF) came in at $90.83 million in FY2024 (-23.7%), $118.99 million in FY2023 (-4.3%), $124.37 million in FY2022 (+11.8%) and $111.24 million in FY2021 (+13.3%).
- The Q3 2026 figure is the highest quarterly Depreciation & Amortization (CF) since Q2 2023.
- On a year-over-year basis, Depreciation & Amortization (CF) has increased for four consecutive quarters, with growth averaging 6.7% over the last eight quarters.
- Peak year-over-year performance for Depreciation & Amortization (CF) in the last five years was growth of 39.8% in Q3 2026, against a decline of 30.8% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $27.9 million (Q2 2026), $23.41 million (Q1 2026) and $23.28 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,397.54 Bn | 3,081.41 Bn | - | - |
| 2 | Meta Platforms | 1,544.80 Bn | 1,544.80 Bn | - | 7.15 Bn |
| 3 | Netflix | 257.58 Bn | 218.88 Bn | 6.80 Bn | 107.10 Mn |
| 4 | Alibaba Group Holding | 235.79 Bn | 49.43 Bn | 15.16 Bn | - |
| 5 | Shopify | 199.87 Bn | 177.05 Bn | 1.71 Bn | 7.00 Mn |
| 6 | Uber Technologies | 135.55 Bn | 107.35 Bn | 6.38 Bn | 195.00 Mn |
| 7 | Spotify Technology | 121.90 Bn | 78.82 Bn | 1.89 Bn | 31.06 Mn |
| 8 | Booking Holdings | 117.90 Bn | 50.95 Bn | - | 129.00 Mn |
| 9 | PDD Holdings | 114.43 Bn | -129.62 Bn | 9.48 Bn | - |
| 10 | Airbnb | 101.59 Bn | 54.82 Bn | 2.98 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.06 Mn |
| Jun 30, 2026 | 27.90 Mn |
| Mar 31, 2026 | 23.41 Mn |
| Dec 31, 2025 | 23.28 Mn |
| Sep 30, 2025 | 22.21 Mn |
| Jun 30, 2025 | 22.64 Mn |
| Mar 31, 2025 | 21.04 Mn |
| Dec 31, 2024 | 22.44 Mn |
| Sep 30, 2024 | 23.06 Mn |
| Jun 30, 2024 | 22.61 Mn |
| Mar 31, 2024 | 23.90 Mn |
| Dec 31, 2023 | 24.75 Mn |
| Sep 30, 2023 | 28.30 Mn |
| Jun 30, 2023 | 32.67 Mn |
| Mar 31, 2023 | 33.27 Mn |
| Dec 31, 2022 | 32.65 Mn |
| Sep 30, 2022 | 30.25 Mn |
| Jun 30, 2022 | 30.94 Mn |
| Mar 31, 2022 | 30.30 Mn |
| Dec 31, 2021 | 28.60 Mn |
API Access
Spotify Technology Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();