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 Reddit 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
DateValue
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