Spotify Technology (SPOT) EBT (2017 - 2026)
Spotify Technology (SPOT) recorded EBT of $836.9 million in the quarter ended Jun 30, 2026, compared with $54.33 million a year earlier and down 23.7% from the prior quarter.
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Analysis
Spotify Technology (SPOT) EBT (2017 - 2026) Analysis & Trends
On a TTM basis, Spotify Technology's EBT came in at $4.09 billion as of Jun 30, 2026, up 198.6% year-over-year; for the year ended Dec 31, 2025, it was $2.59 billion, up 80.7% from the prior year.
- Across earlier years, EBT came in at $1.43 billion in the year ended Dec 31, 2024, -$543.35 million in the year ended Dec 31, 2023, -$377.49 million in the year ended Dec 31, 2022 and $284.85 million in the year ended Dec 31, 2021.
- Quarterly EBT has ranged from -$296.89 million in the quarter ended Dec 31, 2022 to $1.19 billion in the quarter ended Dec 31, 2025 over the past five years.
- On a year-over-year basis, EBT rose in five of the last six quarters, with growth averaging 152.2%.
- Per Business Quant, the preceding three quarters came in at $1.1 billion (quarter ended Mar 31, 2026), $1.19 billion (quarter ended Dec 31, 2025) and $966.81 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 138.75 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 18.76 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 4.07 Bn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 3.29 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 1.78 Bn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 3.28 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 2.56 Bn |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | 6.06 Bn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 836.90 Mn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | 897.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Spotify Technology EBT 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=ebt&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();