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

Spotify Technology has disclosed EV to FCF across 9 years of filings, most recently posting 86.02 for Q2 2026.

• In Q2 2026, EV to FCF fell 52.36% year-over-year to 86.02; the TTM figure through Jun 2026 stood at 21.03 (down 55.25% YoY), while the FY2025 annual figure was 31.13, down 7.35% from the prior year.
• EV to FCF came in at 86.02 for Q2 2026 at Spotify Technology, down from 90.97 in the prior quarter.
• In the past five years, EV to FCF ranged from a high of 1672.2 in Q2 2023 to a low of 178.58 in Q4 2022.
• Average EV to FCF over 5 years is 240.84, with a median of 122.11 recorded in 2025.
• Year-over-year, EV to FCF sank 167.32% in 2022 and soared 452.02% in 2023.
• Over 5 years, EV to FCF stood at 178.58 in 2022, then soared by 142.51% to 75.92 in 2023, then advanced by 15.41% to 87.62 in 2024, then rose by 21.17% to 106.17 in 2025, then slipped by 18.98% to 86.02 in 2026.
• Per Business Quant data, the three most recent EV to FCF figures were 86.02 in Q2 2026, 90.97 in Q1 2026, and 106.17 in Q4 2025.