Spotify Technology (SPOT) Enterprise Value (2017 - 2026)

Spotify Technology has disclosed Enterprise Value across 10 years of filings, most recently posting -$10.2 billion for Q1 2026.

• Enterprise Value for Q1 2026 came in at -$10.2 billion, down 26.87% year-over-year; the trailing twelve-month figure through Mar 2026 was -$10.2 billion (down 26.87% YoY), and the FY2025 annual result was -$11.0 billion, down 38.46% from the prior year.
• Enterprise Value came in at -$10.2 billion for Q1 2026 at Spotify Technology, up from -$11.0 billion in the prior quarter.
• In the past five years, Enterprise Value ranged from a high of -$3.4 billion in Q4 2022 to a low of -$11.0 billion in Q4 2025.
• The 5-year median for Enterprise Value is -$4.7 billion (2024), against an average of -$6.0 billion.
• Across the five-year window, Enterprise Value grew 14.64% in 2022 and sank 98.14% in 2025, its largest moves.
• Spotify Technology's Enterprise Value stood at -$3.4 billion in 2022, then sank by 32.66% to -$4.5 billion in 2023, then tumbled by 75.54% to -$8.0 billion in 2024, then slumped by 38.46% to -$11.0 billion in 2025, then rose by 7.05% to -$10.2 billion in 2026.
• The last three Enterprise Value figures came in at -$10.2 billion (Q1 2026), -$11.0 billion (Q4 2025), and -$9.8 billion (Q3 2025), per Business Quant data.