Spotify Technology (SPOT) Interest Coverage Ratio (2017 - 2026)
Spotify Technology (SPOT) posted Interest Coverage Ratio of 4.83 for Q1 2026, up 330.87% sequentially from 1.12 in Q4 2025, and up 247.79% YoY from 1.39 in Q1 2025.
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Spotify Technology (SPOT) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Spotify Technology has reported Interest Coverage Ratio for 10 years, with the latest figure at 4.83 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 247.79% year-over-year to 4.83 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.47 (down 13.85% YoY) and the FY2025 annual result came in at 8.26, up 113.09% from the prior year.
- Interest Coverage Ratio improved to 4.83 in Q1 2026 per SPOT's latest filing, from 1.12 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 13.86 in Q2 2022 and troughed at 27.64 in Q3 2023.
- A 5-year average of 0.45 and a median of 1.12 in 2025 frame the typical range for Interest Coverage Ratio.
- The widest YoY moves for Interest Coverage Ratio: up 2986.9% in 2022, down 705.81% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 2.69 in 2022, then jumped by 230.3% to 3.5 in 2023, then sank by 58.5% to 1.45 in 2024, then declined by 22.88% to 1.12 in 2025, then surged by 330.87% to 4.83 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 4.83, 1.12, and 3.74 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | - |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | -49.76 |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 1.48 |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | - | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -9.93 |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -607.00 |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | - | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 5.79 |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -4.62 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -49.76 |
| Mar 31, 2026 | -40.65 |
| Dec 31, 2025 | 2.44 |
| Sep 30, 2025 | -54.76 |
| Jun 30, 2025 | -1.72 |
| Mar 31, 2025 | -3.27 |
| Dec 31, 2024 | -8.29 |
| Sep 30, 2024 | -6.44 |
| Jun 30, 2024 | -8.46 |
| Mar 31, 2024 | -9.28 |
| Dec 31, 2023 | -3.50 |
| Sep 30, 2023 | -27.64 |
| Jun 30, 2023 | 9.15 |
| Mar 31, 2023 | 2.03 |
| Dec 31, 2022 | 2.69 |
| Sep 30, 2022 | 12.67 |
| Jun 30, 2022 | 13.86 |
| Mar 31, 2022 | 0.43 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | -5.36 |