Spotify Technology (SPOT) Exchange Rate Effect (2017 - 2026)

Spotify Technology's (SPOT) quarterly Exchange Rate Effect came in at $46.8 million in Q1 2026, up 139.4% year-on-year from $19.6 million in Q1 2025, and up 123.78% quarter-over-quarter from -$197.0 million in Q2 2025.

Spotify Technology (SPOT) Exchange Rate Effect (2017 - 2026) Analysis & Trends

Spotify Technology has disclosed Exchange Rate Effect across 10 years of filings, most recently posting $46.8 million for Q1 2026.

  • Exchange Rate Effect for Q1 2026 came in at $46.8 million, up 139.4% year-over-year; the trailing twelve-month figure through Mar 2026 was -$93.7 million (down 204.58% YoY), and the FY2025 annual result was -$337.6 million, down 356.83% from the prior year.
  • Exchange Rate Effect came in at $46.8 million for Q1 2026 at Spotify Technology, up from -$197.0 million in the prior quarter.
  • In the past five years, Exchange Rate Effect ranged from a high of $175.2 million in Q4 2024 to a low of -$197.0 million in Q2 2025.
  • The 5-year median for Exchange Rate Effect is $20.5 million (2024), against an average of -$2.7 million.
  • Across the five-year window, Exchange Rate Effect surged 496.8% in 2022 and plunged 1062.62% in 2025, its largest moves.
  • Spotify Technology's Exchange Rate Effect stood at -$179.6 million in 2022, then jumped by 47.87% to -$93.6 million in 2023, then surged by 287.22% to $175.2 million in 2024, then slumped by 212.39% to -$197.0 million in 2025, then soared by 123.78% to $46.8 million in 2026.
  • The last three Exchange Rate Effect figures came in at $46.8 million (Q1 2026), -$197.0 million (Q2 2025), and -$118.9 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FX Effect (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -5.10 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn -123.00 Mn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 7.00 Mn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 46.83 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn -
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -72,000.00
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -4.50 Mn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn -
10 Match 8.04 Bn 7.01 Bn 653.28 Mn -2.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 46.83 Mn
Mar 31, 2026 46.83 Mn
Jun 30, 2025 -196.96 Mn
Jun 30, 2025 -196.96 Mn
Mar 31, 2025 -118.86 Mn
Mar 31, 2025 -118.86 Mn
Dec 31, 2024 175.25 Mn
Dec 31, 2024 175.25 Mn
Sep 30, 2024 -107.63 Mn
Sep 30, 2024 -107.63 Mn
Jun 30, 2024 20.46 Mn
Jun 30, 2024 20.46 Mn
Mar 31, 2024 41.28 Mn
Mar 31, 2024 41.28 Mn
Dec 31, 2023 -93.61 Mn
Dec 31, 2023 -93.61 Mn
Sep 30, 2023 63.14 Mn
Sep 30, 2023 63.14 Mn
Jun 30, 2023 -11.98 Mn
Jun 30, 2023 -11.98 Mn