Spotify Technology (SPOT) Enterprise Value (2018 - 2026)
Spotify Technology's (SPOT) quarterly Enterprise Value came in at $83.6 billion in Q2 2026, down 43.12% year-over-year from $147.0 billion in Q2 2025, and down 6.68% quarter-over-quarter from $89.6 billion in Q1 2026.
Analysis
Spotify Technology (SPOT) Enterprise Value (2018 - 2026) Analysis & Trends
Spotify Technology has disclosed Enterprise Value across 9 years of filings, most recently posting $83.6 billion for Q2 2026.
- In Q2 2026, Enterprise Value fell 43.12% year-over-year to $83.6 billion; the TTM figure through Jun 2026 stood at $83.6 billion (down 43.12% YoY), while the FY2025 annual figure was $108.5 billion, up 30.36% from the prior year.
- Enterprise Value came in at $83.6 billion for Q2 2026 at Spotify Technology, down from $89.6 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $147.0 billion in Q2 2025 to a low of $11.8 billion in Q4 2022.
- Average Enterprise Value over 5 years is $60.5 billion, with a median of $51.5 billion recorded in 2024.
- Year-over-year, Enterprise Value tumbled 71.09% in 2022 and jumped 174.53% in 2023.
- Over 5 years, Enterprise Value stood at $11.8 billion in 2022, then jumped by 174.53% to $32.5 billion in 2023, then surged by 156.03% to $83.2 billion in 2024, then surged by 30.36% to $108.5 billion in 2025, then declined by 22.96% to $83.6 billion in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were $83.6 billion in Q2 2026, $89.6 billion in Q1 2026, and $108.5 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.59 Bn |
| Mar 31, 2026 | 89.57 Bn |
| Dec 31, 2025 | 108.51 Bn |
| Sep 30, 2025 | 131.69 Bn |
| Jun 30, 2025 | 146.97 Bn |
| Mar 31, 2025 | 103.80 Bn |
| Dec 31, 2024 | 83.24 Bn |
| Sep 30, 2024 | 65.98 Bn |
| Jun 30, 2024 | 56.05 Bn |
| Mar 31, 2024 | 46.95 Bn |
| Dec 31, 2023 | 32.51 Bn |
| Sep 30, 2023 | 25.85 Bn |
| Jun 30, 2023 | 27.31 Bn |
| Mar 31, 2023 | 22.14 Bn |
| Dec 31, 2022 | 11.84 Bn |
| Sep 30, 2022 | 12.89 Bn |
| Jun 30, 2022 | 14.22 Bn |
| Mar 31, 2022 | 25.05 Bn |
| Dec 31, 2021 | 40.97 Bn |
| Sep 30, 2021 | 39.05 Bn |