Spotify Technology SPOT
NYSE SPOT
$544.35 -3.16 (-0.58%)
As of: Aug 31, 2026 · 3:59 PM EDT

Spotify Technology (SPOT) Enterprise Value (2016 - 2026)

Spotify Technology (SPOT) posted Enterprise Value of -$10.2 billion for Q1 2026, up 7.08% sequentially from -$11.0 billion in Q4 2025, and down 23.02% YoY from -$13.3 billion in Q1 2025.

Analysis

Spotify Technology (SPOT) Enterprise Value (2016 - 2026) Analysis & Trends

Spotify Technology has reported Enterprise Value for 10 years, with the latest figure at -$10.2 billion in Q1 2026.

  • Quarterly Enterprise Value fell 23.02% year-over-year to -$10.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$10.2 billion (down 23.02% YoY) and the FY2025 annual result came in at -$11.0 billion, down 38.46% from the prior year.
  • Enterprise Value climbed to -$10.2 billion in Q1 2026 per SPOT's latest filing, from -$11.0 billion in the prior quarter.
  • Over five years, Enterprise Value peaked at -$3.4 billion in Q4 2022 and troughed at -$11.0 billion in Q4 2025.
  • A 5-year average of -$6.2 billion and a median of -$5.1 billion in 2024 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2022 and 2024: Enterprise Value rose 14.64% in 2022, then sank 75.54% in 2024.
  • Over 5 years, 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 increased by 7.08% to -$10.2 billion in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$10.2 billion, -$11.0 billion, and -$10.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn -429.04 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn -90.26 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn -6.92 Bn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn -9.10 Bn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn -2.79 Bn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -2.14 Bn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -3.09 Bn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn -1.27 Bn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn -583.81 Mn
10 Snap 9.26 Bn 6.60 Bn 931.11 Mn -2.66 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -6.92 Bn
Mar 31, 2026 -6.16 Bn
Dec 31, 2025 -6.13 Bn
Sep 30, 2025 -6.41 Bn
Jun 30, 2025 -5.88 Bn
Mar 31, 2025 -5.31 Bn
Dec 31, 2024 -5.12 Bn
Sep 30, 2024 -5.44 Bn
Jun 30, 2024 -4.65 Bn
Mar 31, 2024 -4.03 Bn
Dec 31, 2023 -3.36 Bn
Sep 30, 2023 -3.10 Bn
Jun 30, 2023 -2.78 Bn
Mar 31, 2023 -2.87 Bn
Dec 31, 2022 -2.79 Bn
Sep 30, 2022 -2.87 Bn
Jun 30, 2022 -2.97 Bn
Mar 31, 2022 -3.05 Bn
Dec 31, 2021 -3.16 Bn
Sep 30, 2021 -2.96 Bn