Spotify Technology (SPOT) Depreciation and Depletion (2017 - 2026)
Spotify Technology (SPOT) posted Depreciation and Depletion of $23.4 million for Q1 2026, up 0.58% sequentially from $23.3 million in Q4 2025, and up 11.3% YoY from $21.0 million in Q1 2025.
Spotify Technology (SPOT) Depreciation and Depletion (2017 - 2026) Analysis & Trends
Spotify Technology has reported Depreciation and Depletion for 10 years, with the latest figure at $23.4 million in Q1 2026.
- Quarterly Depreciation and Depletion rose 11.3% year-over-year to $23.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $91.5 million (up 2.68% YoY) and the FY2025 annual result came in at $92.0 million, up 1.24% from the prior year.
- Depreciation and Depletion grew to $23.4 million in Q1 2026 per SPOT's latest filing, from $23.3 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $33.3 million in Q1 2023 and troughed at $21.0 million in Q1 2025.
- A 5-year average of $26.3 million and a median of $23.9 million in 2024 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2022 and 2024: Depreciation and Depletion grew 14.19% in 2022, then sank 30.77% in 2024.
- Over 5 years, Depreciation and Depletion stood at $32.6 million in 2022, then retreated by 24.2% to $24.7 million in 2023, then retreated by 9.32% to $22.4 million in 2024, then grew by 3.74% to $23.3 million in 2025, then advanced by 0.58% to $23.4 million in 2026.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $23.4 million, $23.3 million, and $22.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,241.31 Bn | 3,812.27 Bn | 73.85 Bn | 7.10 Bn |
| 2 | Meta Platforms | 1,542.01 Bn | 1,451.75 Bn | 49.47 Bn | 6.00 Bn |
| 3 | Taboola.com | 1,146.02 Bn | 1,145.89 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.43 Bn | 283.93 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 103.61 Bn | 93.38 Bn | 1.75 Bn | 23.41 Mn |
| 6 | Joyy | 78.30 Bn | 77.41 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.49 Bn | 39.86 Bn | 295.20 Mn | 208.80 Mn |
| 9 | 30.58 Bn | 27.79 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 27.41 Bn | 24.71 Bn | 514.00 Mn | 5.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.41 Mn |
| Mar 31, 2026 | 23.41 Mn |
| Dec 31, 2025 | 23.28 Mn |
| Dec 31, 2025 | 23.28 Mn |
| Sep 30, 2025 | 22.21 Mn |
| Sep 30, 2025 | 22.21 Mn |
| Jun 30, 2025 | 22.64 Mn |
| Jun 30, 2025 | 22.64 Mn |
| Mar 31, 2025 | 21.04 Mn |
| Mar 31, 2025 | 21.04 Mn |
| Dec 31, 2024 | 22.44 Mn |
| Dec 31, 2024 | 22.44 Mn |
| Sep 30, 2024 | 23.06 Mn |
| Sep 30, 2024 | 23.06 Mn |
| Jun 30, 2024 | 22.61 Mn |
| Jun 30, 2024 | 22.61 Mn |
| Mar 31, 2024 | 23.90 Mn |
| Mar 31, 2024 | 23.90 Mn |
| Dec 31, 2023 | 24.75 Mn |
| Dec 31, 2023 | 24.75 Mn |