Spotify Technology (SPOT) Exchange Rate Effect (2017 - 2026)
Spotify Technology (SPOT) recorded Exchange Rate Effect of $14.96 million in Q3 2026, up 219.8% from $4.68 million a year earlier but down 44.1% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Exchange Rate Effect (2017 - 2026) Analysis & Trends
On a TTM basis, Spotify Technology's Exchange Rate Effect came in at $362.07 million as of Sep 30, 2026; for FY2025, it came in at -$337.57 million.
- Across earlier years, Exchange Rate Effect came in at $131.44 million in FY2024, -$71.39 million in FY2023, $164.42 million in FY2022 (-17.8%) and $199.99 million in FY2021.
- Quarterly Exchange Rate Effect has ranged from -$196.96 million in Q2 2025 to $273.55 million in Q4 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at $26.73 million (Q2 2026), $46.83 million (Q1 2026) and $273.55 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - | 45.00 Mn |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - | 8.00 Mn |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn | 19.00 Mn |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn | -224.00 Mn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn | -4.00 Mn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn | 54.00 Mn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn | 14.96 Mn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - | -111.00 Mn |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn | 182.40 Mn |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn | -28.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.96 Mn |
| Jun 30, 2026 | 26.73 Mn |
| Mar 31, 2026 | 46.83 Mn |
| Dec 31, 2025 | 273.55 Mn |
| Sep 30, 2025 | 4.68 Mn |
| Jun 30, 2025 | -196.96 Mn |
| Mar 31, 2025 | -118.86 Mn |
| Dec 31, 2024 | 175.25 Mn |
| Sep 30, 2024 | -107.63 Mn |
| Jun 30, 2024 | 20.46 Mn |
| Mar 31, 2024 | 41.28 Mn |
| Dec 31, 2023 | -93.61 Mn |
| Sep 30, 2023 | 63.14 Mn |
| Jun 30, 2023 | -11.98 Mn |
| Mar 31, 2023 | -27.91 Mn |
| Dec 31, 2022 | -179.56 Mn |
| Sep 30, 2022 | 156.28 Mn |
| Jun 30, 2022 | 109.91 Mn |
| Mar 31, 2022 | 83.05 Mn |
| Dec 31, 2021 | 58.34 Mn |
API Access
Spotify Technology Exchange Rate Effect API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();