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| Date | Value |
|---|---|
| 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 |