Spotify Technology (SPOT) Ending Cash Balance (2017 - 2026)
Spotify Technology (SPOT) posted Ending Cash Balance of $6.84 billion for Q3 2026, up 6.9% from $6.4 billion a year earlier and up 0.9% from the prior quarter.
Spotify Technology (SPOT) Ending Cash Balance (2017 - 2026) Analysis & Trends
For FY2025, Spotify Technology's Ending Cash Balance came in at $6.18 billion, up 24.2% from FY2024.
- Annual Ending Cash Balance has increased for three consecutive years, with a five-year compound annual growth rate of 34.3% (FY2020 to FY2025).
- In prior years, Spotify Technology's Ending Cash Balance was $4.98 billion in FY2024 (+44.3%), $3.45 billion in FY2023 (+30.2%), $2.65 billion in FY2022 (-14.8%) and $3.11 billion in FY2021 (+119.5%).
- The Q3 2026 figure stands as the highest quarterly Ending Cash Balance in data going back to Q1 2017.
- On a year-over-year basis, Ending Cash Balance has increased in each of the last 12 quarters, with growth averaging 25.7% over the last eight quarters.
- The strongest year-over-year quarter for Ending Cash Balance in the past five years was Q4 2021, with growth of 119.5%; the weakest was Q4 2022, with a decline of 14.8%.
- According to Business Quant data, Ending Cash Balance for the three prior quarters was $6.78 billion (Q2 2026), $6.02 billion (Q1 2026) and $6.18 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Ending Cash Balance (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,403.50 Bn | 3,087.36 Bn | - | 56.33 Bn |
| 2 | Meta Platforms | 1,557.64 Bn | 1,557.64 Bn | - | - |
| 3 | Netflix | 258.26 Bn | 219.56 Bn | 6.80 Bn | 8.20 Bn |
| 4 | Alibaba Group Holding | 234.51 Bn | 48.15 Bn | 15.16 Bn | 1.76 Bn |
| 5 | Shopify | 182.03 Bn | 159.21 Bn | 1.71 Bn | 1.66 Bn |
| 6 | Uber Technologies | 134.93 Bn | 106.72 Bn | 6.38 Bn | 7.18 Bn |
| 7 | Spotify Technology | 121.44 Bn | 78.36 Bn | 1.89 Bn | 6.84 Bn |
| 8 | Booking Holdings | 118.20 Bn | 51.25 Bn | - | 17.51 Bn |
| 9 | PDD Holdings | 114.01 Bn | -130.04 Bn | 9.48 Bn | 30.35 Bn |
| 10 | Airbnb | 100.07 Bn | 53.30 Bn | 2.98 Bn | 19.05 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.84 Bn |
| Jun 30, 2026 | 6.78 Bn |
| Mar 31, 2026 | 6.02 Bn |
| Dec 31, 2025 | 6.18 Bn |
| Sep 30, 2025 | 6.40 Bn |
| Jun 30, 2025 | 6.05 Bn |
| Mar 31, 2025 | 5.43 Bn |
| Dec 31, 2024 | 4.98 Bn |
| Sep 30, 2024 | 5.24 Bn |
| Jun 30, 2024 | 4.34 Bn |
| Mar 31, 2024 | 3.73 Bn |
| Dec 31, 2023 | 3.45 Bn |
| Sep 30, 2023 | 2.76 Bn |
| Jun 30, 2023 | 2.77 Bn |
| Mar 31, 2023 | 2.66 Bn |
| Dec 31, 2022 | 2.65 Bn |
| Sep 30, 2022 | 2.80 Bn |
| Jun 30, 2022 | 2.91 Bn |
| Mar 31, 2022 | 3.04 Bn |
| Dec 31, 2021 | 3.11 Bn |
Spotify Technology Ending Cash Balance 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=ending-cash-balance&ticker=SPOT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ending-cash-balance", "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=ending-cash-balance&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();