Spotify Technology (SPOT) Goodwill (2017 - 2026)
Spotify Technology (SPOT) recorded Goodwill of $1.27 billion in Q3 2026, up 0.3% from $1.26 billion a year earlier and unchanged from the prior quarter.
Analysis
Spotify Technology (SPOT) Goodwill (2017 - 2026) Analysis & Trends
Starting with Q4 2017, Spotify Technology's Goodwill history includes 33 quarters.
- Annual Goodwill has a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- Across earlier years, Goodwill came in at $1.25 billion in FY2024 (-0.7%), $1.26 billion in FY2023 (+1.1%), $1.25 billion in FY2022 (+23.0%) and $1.01 billion in FY2021 (+11.8%).
- Quarterly Goodwill has ranged from $1.01 billion in Q4 2021 to $1.27 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Goodwill has increased for six consecutive quarters, with growth averaging 0.5% over the last eight quarters.
- Peak year-over-year performance for Goodwill in the last five years was growth of 23.0% in Q4 2022, against a decline of 0.7% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.27 billion (Q2 2026), $1.26 billion (Q1 2026) and $1.27 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.27 Bn |
| Jun 30, 2026 | 1.27 Bn |
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 1.27 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.25 Bn |
| Dec 31, 2024 | 1.25 Bn |
| Sep 30, 2024 | 1.26 Bn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 1.26 Bn |
| Sep 30, 2023 | 1.25 Bn |
| Jun 30, 2023 | 1.25 Bn |
| Mar 31, 2023 | 1.26 Bn |
| Dec 31, 2022 | 1.25 Bn |
| Sep 30, 2022 | 1.24 Bn |
| Jun 30, 2022 | 1.16 Bn |
| Mar 31, 2022 | 1.09 Bn |
| Dec 31, 2021 | 1.01 Bn |
API Access
Spotify Technology Goodwill 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=goodwill&ticker=SPOT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();