Spotify Technology SPOT
NYSE SPOT
$542.32 -17.75 (-3.17%)
At close: Sep 4, 2026 · 4:00 PM EDT

Spotify Technology (SPOT) EV to CFO (2018 - 2026)

Spotify Technology's (SPOT) quarterly EV to CFO came in at 88.13 in Q2 2026, down 51.87% year-over-year from 183.13 in Q2 2025, and down 3.7% quarter-over-quarter from 91.52 in Q1 2026.

Analysis

Spotify Technology (SPOT) EV to CFO (2018 - 2026) Analysis & Trends

Spotify Technology has disclosed EV to CFO across 9 years of filings, most recently posting 88.13 for Q2 2026.

  • In Q2 2026, EV to CFO fell 51.87% year-over-year to 88.13; the TTM figure through Jun 2026 stood at 21.47 (down 54.73% YoY), while the FY2025 annual figure was 31.78, down 6.11% from the prior year.
  • EV to CFO came in at 88.13 for Q2 2026 at Spotify Technology, down from 91.52 in the prior quarter.
  • In the past five years, EV to CFO ranged from a high of 1929.46 in Q2 2023 to a low of 165.82 in Q4 2022.
  • Average EV to CFO over 5 years is 268.88, with a median of 124.2 recorded in 2023.
  • Year-over-year, EV to CFO tumbled 155.11% in 2022 and surged 464.57% in 2023.
  • Over 5 years, EV to CFO stood at 165.82 in 2022, then soared by 145.9% to 76.11 in 2023, then increased by 15.9% to 88.22 in 2024, then rose by 23.45% to 108.9 in 2025, then retreated by 19.07% to 88.13 in 2026.
  • Per Business Quant data, the three most recent EV to CFO figures were 88.13 in Q2 2026, 91.52 in Q1 2026, and 108.9 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Netflix 325.83 Bn 316.70 Bn 6.52 Bn
2 Spotify Technology 111.63 Bn 100.71 Bn 1.86 Bn
3 Tencent Music Entertainment 13.00 Bn 9.90 Bn 582.00 Mn
4 FuboTV 1.22 Bn 3.14 Bn 399.10 Mn
5 Huya 947.78 Mn 587.52 Mn 37.58 Mn
6 iQIYI 849.12 Mn 364.94 Mn 152.37 Mn
7 Kaltura 229.15 Mn 197.85 Mn 34.54 Mn
8 CuriosityStream 160.17 Mn 111.78 Mn 16.93 Mn
9 Cineverse 54.91 Mn 50.59 Mn 10.66 Mn
10 LiveOne 47.57 Mn 47.56 Mn 3.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 88.13
Mar 31, 2026 91.52
Dec 31, 2025 108.90
Sep 30, 2025 135.88
Jun 30, 2025 183.13
Mar 31, 2025 183.07
Dec 31, 2024 88.22
Sep 30, 2024 84.02
Jun 30, 2024 105.79
Mar 31, 2024 204.83
Dec 31, 2023 76.11
Sep 30, 2023 112.53
Jun 30, 2023 1,929.46
Mar 31, 2023 349.58
Dec 31, 2022 -165.82
Sep 30, 2022 319.52
Jun 30, 2022 341.76
Mar 31, 2022 603.21
Dec 31, 2021 300.92
Sep 30, 2021 269.18