Growth Metrics

Spotify Technology (SPOT) EBITDA (2017 - 2026)

Spotify Technology's EBITDA history spans 10 years, with the latest figure at $837.1 million for Q1 2026.

  • On a quarterly basis, EBITDA rose 56.34% to $837.1 million in Q1 2026 year-over-year; TTM through Mar 2026 was $2.8 billion, a 52.61% increase, with the full-year FY2025 number at $2.6 billion, up 75.41% from a year prior.
  • EBITDA hit $837.1 million in Q1 2026 for Spotify Technology, up from $816.0 million in the prior quarter.
  • Over the last five years, EBITDA for SPOT hit a ceiling of $837.1 million in Q1 2026 and a floor of -$269.0 million in Q2 2023.
  • Historically, EBITDA has averaged $214.4 million across 5 years, with a median of $182.5 million in 2024.
  • Biggest five-year swings in EBITDA: crashed 2843.1% in 2022 and later soared 1331.3% in 2024.
  • Tracing SPOT's EBITDA over 5 years: stood at -$235.7 million in 2022, then soared by 65.76% to -$80.7 million in 2023, then surged by 731.66% to $509.7 million in 2024, then soared by 60.09% to $816.0 million in 2025, then increased by 2.58% to $837.1 million in 2026.
  • Business Quant data shows EBITDA for SPOT at $837.1 million in Q1 2026, $816.0 million in Q4 2025, and $680.4 million in Q3 2025.