Spotify Technology (SPOT) Goodwill & Intangibles (2017 - 2026)
Spotify Technology's Goodwill & Intangibles came in at $1.3 billion for Q3 2026, down 0.1% from $1.3 billion a year earlier and down 0.5% from the prior quarter.
Spotify Technology (SPOT) Goodwill & Intangibles (2017 - 2026) Analysis & Trends
At the end of FY2025, Spotify Technology's Goodwill & Intangibles was $1.32 billion, up 1.6% from FY2024.
- Goodwill & Intangibles carries a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
- Going back by year, Goodwill & Intangibles was $1.3 billion in FY2024 (-3.8%), $1.35 billion in FY2023 (-2.1%), $1.38 billion in FY2022 (+24.0%) and $1.11 billion in FY2021 (+8.7%).
- The Q3 2026 figure represents the lowest quarterly Goodwill & Intangibles since Q1 2025.
- Year-over-year, Goodwill & Intangibles increased in three of the last eight quarters, with an average decline of 0.9%.
- The fastest year-over-year change in Goodwill & Intangibles over five years came in Q3 2022 (growth of 24.8%), and the weakest in Q4 2024 (a decline of 3.8%).
- Business Quant data shows SPOT's Goodwill & Intangibles at $1.31 billion (Q2 2026), $1.31 billion (Q1 2026) and $1.32 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.30 Bn |
| Jun 30, 2026 | 1.31 Bn |
| Mar 31, 2026 | 1.31 Bn |
| Dec 31, 2025 | 1.32 Bn |
| Sep 30, 2025 | 1.30 Bn |
| Jun 30, 2025 | 1.30 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Dec 31, 2024 | 1.30 Bn |
| Sep 30, 2024 | 1.32 Bn |
| Jun 30, 2024 | 1.32 Bn |
| Mar 31, 2024 | 1.33 Bn |
| Dec 31, 2023 | 1.35 Bn |
| Sep 30, 2023 | 1.35 Bn |
| Jun 30, 2023 | 1.36 Bn |
| Mar 31, 2023 | 1.38 Bn |
| Dec 31, 2022 | 1.38 Bn |
| Sep 30, 2022 | 1.39 Bn |
| Jun 30, 2022 | 1.29 Bn |
| Mar 31, 2022 | 1.21 Bn |
| Dec 31, 2021 | 1.11 Bn |
Spotify Technology Goodwill & Intangibles 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-and-intangibles&ticker=SPOT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();