Spotify Technology (SPOT) FCF Margin (2017 - 2026)

Spotify Technology (SPOT) has 10 years of FCF Margin data on file, last reported at 18.55% in Q1 2026.

• Quarterly FCF Margin rose 555.0% year-over-year to 18.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.08% (up 196.0% YoY) and the FY2025 annual result came in at 16.71%, up 214.0% from the prior year.
• FCF Margin rose to 18.55% in Q1 2026 per SPOT's latest filing, from 16.69% in the prior quarter.
• The five-year high for FCF Margin was 20.16% in Q4 2024, with the low at 3.63% in Q4 2022.
• Average FCF Margin over 5 years is 9.58%, with a median of 10.51% recorded in 2023.
• Year-over-year, FCF Margin slumped 865 bps in 2022 and surged 1415 bps in 2023.
• Spotify Technology's FCF Margin stood at 3.63% in 2022, then jumped by 389 bps to 10.51% in 2023, then surged by 92 bps to 20.16% in 2024, then declined by 17 bps to 16.69% in 2025, then climbed by 11 bps to 18.55% in 2026.
• Business Quant data shows SPOT's FCF Margin at 18.55% in Q1 2026, 16.69% in Q4 2025, and 19.94% in Q3 2025.