Spotify Technology SPOT
NYSE SPOT
$509.77 -19.08 (-3.61%)
At close: Sep 18, 2026 · 4:00 PM EDT

Spotify Technology (SPOT) EBT (2017 - 2026)

Spotify Technology's (SPOT) quarterly EBT came in at $836.9 million in Q2 2026, up 1440.29% year-over-year from $54.3 million in Q2 2025, and down 23.71% quarter-over-quarter from $1.1 billion in Q1 2026.

Analysis

Spotify Technology (SPOT) EBT (2017 - 2026) Analysis & Trends

Spotify Technology has disclosed EBT across 10 years of filings, most recently posting $836.9 million for Q2 2026.

  • In Q2 2026, EBT rose 1440.29% year-over-year to $836.9 million; the TTM figure through Jun 2026 stood at $4.1 billion (up 198.55% YoY), while the FY2025 annual figure was $2.6 billion, up 80.66% from the prior year.
  • EBT came in at $836.9 million for Q2 2026 at Spotify Technology, down from $1.1 billion in the prior quarter.
  • In the past five years, EBT ranged from a high of $1.2 billion in Q4 2025 to a low of -$296.9 million in Q4 2022.
  • Average EBT over 5 years is $279.4 million, with a median of $181.5 million recorded in 2022.
  • Year-over-year, EBT sank 3144.09% in 2022 and jumped 1440.29% in 2026.
  • Over 5 years, EBT stood at -$296.9 million in 2022, then soared by 52.53% to -$140.9 million in 2023, then jumped by 478.32% to $533.2 million in 2024, then surged by 122.89% to $1.2 billion in 2025, then fell by 29.58% to $836.9 million in 2026.
  • Per Business Quant data, the three most recent EBT figures were $836.9 million in Q2 2026, $1.1 billion in Q1 2026, and $1.2 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Netflix 298.93 Bn 289.80 Bn 6.52 Bn 4.07 Bn
2 Spotify Technology 104.93 Bn 94.01 Bn 1.86 Bn 836.90 Mn
3 Tencent Music Entertainment 12.20 Bn 9.10 Bn 582.00 Mn 452.00 Mn
4 FuboTV 1.09 Bn 3.01 Bn 399.10 Mn -181.90 Mn
5 iQIYI 974.56 Mn 490.38 Mn 152.37 Mn -16.19 Mn
6 Huya 920.96 Mn 560.70 Mn 37.58 Mn 231,000.00
7 Mega Matrix 211.73 Mn 204.42 Mn 3.03 Mn -19.51 Mn
8 Kaltura 203.35 Mn 172.05 Mn 34.54 Mn -3.09 Mn
9 CuriosityStream 164.31 Mn 115.92 Mn 16.93 Mn 9.32 Mn
10 Cineverse 50.40 Mn 46.08 Mn 10.66 Mn -5.67 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 836.90 Mn
Mar 31, 2026 1.10 Bn
Dec 31, 2025 1.19 Bn
Sep 30, 2025 966.81 Mn
Jun 30, 2025 54.33 Mn
Mar 31, 2025 345.02 Mn
Dec 31, 2024 533.23 Mn
Sep 30, 2024 437.09 Mn
Jun 30, 2024 290.76 Mn
Mar 31, 2024 189.03 Mn
Dec 31, 2023 -140.95 Mn
Sep 30, 2023 79.47 Mn
Jun 30, 2023 -262.43 Mn
Mar 31, 2023 -221.11 Mn
Dec 31, 2022 -296.89 Mn
Sep 30, 2022 -145.19 Mn
Jun 30, 2022 -96.04 Mn
Mar 31, 2022 173.96 Mn
Dec 31, 2021 -9.15 Mn
Sep 30, 2021 191.04 Mn