Spotify Technology (SPOT) Intangibles (2017 - 2026)
Spotify Technology (SPOT) reported Intangibles of $34.02 million for Q3 2026, down 12.1% from $38.71 million a year earlier and down 17.3% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Intangibles (2017 - 2026) Analysis & Trends
At the end of FY2025, Spotify Technology posted Intangibles of $48.16 million, down 3.6% from FY2024.
- Intangibles has declined for three consecutive years, with a five-year compound annual growth rate of -16.6% (FY2020 to FY2025).
- By year, Intangibles came in at $49.95 million in FY2024 (-46.3%), $92.97 million in FY2023 (-31.3%), $135.39 million in FY2022 (+34.3%) and $100.79 million in FY2021 (-15.5%).
- The Q3 2026 figure ranks as the lowest quarterly Intangibles since Q4 2018.
- Year over year, Intangibles gained in 1 of the last eight quarters, with an average decline of 23.8%.
- The high point for year-over-year Intangibles in five years was Q3 2022 (growth of 42.5%); the low point was Q4 2024 (a decline of 46.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $41.12 million (Q2 2026), $46.99 million (Q1 2026) and $48.16 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - | 8.82 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 | 2.46 Bn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn | 27.00 Mn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn | 1.13 Bn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn | 34.02 Mn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - | 852.00 Mn |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn | 2.00 Mn |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 34.02 Mn |
| Jun 30, 2026 | 41.12 Mn |
| Mar 31, 2026 | 46.99 Mn |
| Dec 31, 2025 | 48.16 Mn |
| Sep 30, 2025 | 38.71 Mn |
| Jun 30, 2025 | 43.39 Mn |
| Mar 31, 2025 | 46.54 Mn |
| Dec 31, 2024 | 49.95 Mn |
| Sep 30, 2024 | 64.78 Mn |
| Jun 30, 2024 | 72.82 Mn |
| Mar 31, 2024 | 82.04 Mn |
| Dec 31, 2023 | 92.97 Mn |
| Sep 30, 2023 | 103.51 Mn |
| Jun 30, 2023 | 114.11 Mn |
| Mar 31, 2023 | 125.40 Mn |
| Dec 31, 2022 | 135.39 Mn |
| Sep 30, 2022 | 150.39 Mn |
| Jun 30, 2022 | 131.63 Mn |
| Mar 31, 2022 | 121.66 Mn |
| Dec 31, 2021 | 100.79 Mn |
API Access
Spotify Technology 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=intangibles&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=intangibles&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();