Spotify Technology (SPOT) Intangibles (2017 - 2026)
Spotify Technology (SPOT) reported Intangibles of $41.85 million for the quarter ended Jun 30, 2026, down 0.1% from $41.88 million a year earlier and down 12.8% from the prior quarter.
Spotify Technology (SPOT) Intangibles (2017 - 2026) Analysis & Trends
As of Dec 31, 2025, Spotify Technology posted Intangibles of $47.73 million, down 7.0% from the prior year.
- Intangibles has declined for three consecutive years, with a five-year compound annual growth rate of -15.5% (years ended Dec 2020 to Dec 2025).
- By year, Intangibles came in at $51.29 million in the year ended Dec 31, 2024 (-43.2%), $90.38 million in the year ended Dec 31, 2023 (-30.2%), $129.57 million in the year ended Dec 31, 2022 (+27.3%) and $101.81 million in the year ended Dec 31, 2021 (-8.1%).
- Five-year quarterly Intangibles spans a low of $38.58 million in the quarter ended Sep 30, 2025 and a high of $154.27 million in the quarter ended Sep 30, 2022.
- Year over year, Intangibles gained in 1 of the last eight quarters, with an average decline of 26.5%.
- The high point for year-over-year Intangibles in five years was the quarter ended Sep 30, 2022 (growth of 43.8%); the low point was the quarter ended Mar 31, 2025 (a decline of 45.2%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $48 million (quarter ended Mar 31, 2026), $47.73 million (quarter ended Dec 31, 2025) and $38.58 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 9.11 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | - |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 2.46 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 27.00 Mn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 1.13 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 852.00 Mn |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | 2.00 Mn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 41.85 Mn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.85 Mn |
| Mar 31, 2026 | 48.00 Mn |
| Dec 31, 2025 | 47.73 Mn |
| Sep 30, 2025 | 38.58 Mn |
| Jun 30, 2025 | 41.88 Mn |
| Mar 31, 2025 | 45.23 Mn |
| Dec 31, 2024 | 51.29 Mn |
| Sep 30, 2024 | 63.70 Mn |
| Jun 30, 2024 | 73.23 Mn |
| Mar 31, 2024 | 82.56 Mn |
| Dec 31, 2023 | 90.38 Mn |
| Sep 30, 2023 | 106.68 Mn |
| Jun 30, 2023 | 114.34 Mn |
| Mar 31, 2023 | 123.43 Mn |
| Dec 31, 2022 | 129.57 Mn |
| Sep 30, 2022 | 154.27 Mn |
| Jun 30, 2022 | 134.45 Mn |
| Mar 31, 2022 | 122.33 Mn |
| Dec 31, 2021 | 101.81 Mn |
| Sep 30, 2021 | 107.32 Mn |
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_KEY
import 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();