Spotify Technology (SPOT) Interest Coverage Ratio (2017 - 2026)
Spotify Technology's (SPOT) Interest Coverage Ratio was 31.19 for the quarter ended Jun 30, 2026, compared with 0.91 a year earlier and up 13.4% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Spotify Technology's Interest Coverage Ratio came in at 6.89, up 249.9% year-over-year; for the year ended Dec 31, 2025, it came in at 8.26, up 113.1% from the prior year.
- By year, Interest Coverage Ratio came in at 3.88 in the year ended Dec 31, 2024, -2.03 in the year ended Dec 31, 2023, -4.99 in the year ended Dec 31, 2022 and 1.03 in the year ended Dec 31, 2021.
- Five-year quarterly Interest Coverage Ratio spans a low of -13.86 in the quarter ended Jun 30, 2022 and a high of 34.24 in the quarter ended Sep 30, 2025.
- Year over year, Interest Coverage Ratio gained in two of the last five quarters, with growth averaging 141.1%.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 27.50 (quarter ended Mar 31, 2026), 1.56 (quarter ended Dec 31, 2025) and 34.24 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 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 | 23.86 |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 6.45 |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 14.88 |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 8.33 |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 31.19 |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.19 |
| Mar 31, 2026 | 27.50 |
| Dec 31, 2025 | 1.56 |
| Sep 30, 2025 | 34.24 |
| Jun 30, 2025 | 0.91 |
| Mar 31, 2025 | 2.02 |
| Dec 31, 2024 | 4.54 |
| Sep 30, 2024 | 3.72 |
| Jun 30, 2024 | 3.69 |
| Mar 31, 2024 | 3.17 |
| Dec 31, 2023 | -0.74 |
| Sep 30, 2023 | 2.29 |
| 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 |
API Access
Spotify Technology Interest Coverage Ratio 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=interest-coverage-ratio&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();