Spotify Technology (SPOT) EBT (2017 - 2026)

Spotify Technology has reported EBT for 10 years, with the latest figure at $1.1 billion in Q1 2026.

• Quarterly EBT rose 217.95% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.3 billion (up 105.88% YoY) and the FY2025 annual result came in at $2.6 billion, up 80.66% from the prior year.
• EBT eased to $1.1 billion in Q1 2026 per SPOT's latest filing, from $1.2 billion in the prior quarter.
• Over five years, EBT peaked at $1.2 billion in Q4 2025 and troughed at -$296.9 million in Q4 2022.
• A 5-year average of $246.6 million and a median of $174.0 million in 2022 frame the typical range for EBT.
• The sharpest annual moves came in 2022 and 2024: EBT slumped 3144.09% in 2022, then surged 478.32% in 2024.
• Over 5 years, EBT stood at -$296.9 million in 2022, then surged by 52.53% to -$140.9 million in 2023, then soared by 478.32% to $533.2 million in 2024, then jumped by 122.89% to $1.2 billion in 2025, then slipped by 7.7% to $1.1 billion in 2026.
• According to Business Quant data, EBT over the past three periods registered $1.1 billion, $1.2 billion, and $966.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.