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

Spotify Technology (SPOT) posted Free Cash Flow of $984.6 million for Q1 2026, up 11.88% sequentially from $880.0 million in Q4 2025, and up 71.75% YoY from $573.3 million in Q1 2025.

Spotify Technology (SPOT) Free Cash Flow (2017 - 2026) Analysis & Trends

Spotify Technology (SPOT) has 10 years of Free Cash Flow data on file, last reported at $984.6 million in Q1 2026.

  • Quarterly Free Cash Flow rose 71.75% year-over-year to $984.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 30.83% YoY) and the FY2025 annual result came in at $3.3 billion, up 36.98% from the prior year.
  • Free Cash Flow grew to $984.6 million in Q1 2026 per SPOT's latest filing, from $880.0 million in the prior quarter.
  • The five-year high for Free Cash Flow was $996.0 million in Q3 2025, with the low at -$117.3 million in Q4 2022.
  • Average Free Cash Flow over 5 years is $439.6 million, with a median of $415.3 million recorded in 2023.
  • Year-over-year, Free Cash Flow plunged 175.97% in 2022 and surged 3156.93% in 2024.
  • 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 dropped by 3.68% to $880.0 million in 2025, then increased by 11.88% to $984.6 million in 2026.
  • Business Quant data shows SPOT's Free Cash Flow at $984.6 million in Q1 2026, $880.0 million in Q4 2025, and $996.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Spotify Technology 101.23 Bn 90.99 Bn 1.75 Bn 984.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 984.60 Mn
Mar 31, 2026 984.60 Mn
Dec 31, 2025 880.02 Mn
Dec 31, 2025 880.02 Mn
Sep 30, 2025 996.03 Mn
Sep 30, 2025 996.03 Mn
Jun 30, 2025 813.88 Mn
Jun 30, 2025 813.88 Mn
Mar 31, 2025 573.28 Mn
Mar 31, 2025 573.28 Mn
Dec 31, 2024 913.65 Mn
Dec 31, 2024 913.65 Mn
Sep 30, 2024 789.62 Mn
Sep 30, 2024 789.62 Mn
Jun 30, 2024 531.98 Mn
Jun 30, 2024 531.98 Mn
Mar 31, 2024 234.65 Mn
Mar 31, 2024 234.65 Mn
Dec 31, 2023 415.31 Mn
Dec 31, 2023 415.31 Mn