Spotify Technology (SPOT) Free Cash Flow (2017 - 2026)

Spotify Technology has disclosed Free Cash Flow across 10 years of filings, most recently posting $984.6 million for Q1 2026.

• Free Cash Flow for Q1 2026 came in at $984.6 million, up 71.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 30.83% YoY), and the FY2025 annual result was $3.3 billion, up 36.98% from the prior year.
• Free Cash Flow came in at $984.6 million for Q1 2026 at Spotify Technology, up from $880.0 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $996.0 million in Q3 2025 to a low of -$117.3 million in Q4 2022.
• The 5-year median for Free Cash Flow is $415.3 million (2023), against an average of $439.6 million.
• Across the five-year window, Free Cash Flow slumped 175.97% in 2022 and jumped 3156.93% in 2024, its largest moves.
• Spotify Technology's Free Cash Flow stood at -$117.3 million in 2022, then jumped by 453.97% to $415.3 million in 2023, then surged by 119.99% to $913.6 million in 2024, then retreated by 3.68% to $880.0 million in 2025, then advanced by 11.88% to $984.6 million in 2026.
• The last three Free Cash Flow figures came in at $984.6 million (Q1 2026), $880.0 million (Q4 2025), and $996.0 million (Q3 2025), per Business Quant data.