Spotify Technology (SPOT) Depreciation and Depletion (2017 - 2026)
Spotify Technology (SPOT) reported Depreciation and Depletion of $31.06 million for 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 and Depletion (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Spotify Technology's Depreciation and Depletion came in at $105.65 million, up 19.6% year-over-year; for FY2025, it came in at $91.96 million, up 1.2% from FY2024.
- Depreciation and Depletion has a five-year compound annual growth rate of -1.3% (FY2020 to FY2025).
- By year, Depreciation and Depletion 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 ranks as the highest quarterly Depreciation and Depletion since Q2 2023.
- Year over year, Depreciation and Depletion has now increased in each of the last four quarters, with growth averaging 6.7% over the last eight quarters.
- The high point for year-over-year Depreciation and Depletion in five years was Q3 2026 (growth of 39.8%); the low point was Q2 2024 (a decline of 30.8%).
- Per Business Quant data, the three quarters before Q3 2026 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. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 8.37 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 6.81 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | - |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | - |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | - |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | - |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 31.06 Mn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 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 and Depletion 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-depletion&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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-depletion&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();