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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,260.81 Bn | 3,831.77 Bn | 73.85 Bn | 1.91 |
| 2 | Meta Platforms | 1,549.22 Bn | 1,458.96 Bn | 49.47 Bn | 1.47 |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 0.17 |
| 4 | Baidu | 288.19 Bn | 283.70 Bn | 1.88 Mn | -5.36 |
| 5 | Spotify Technology | 104.64 Bn | 94.40 Bn | 1.75 Bn | 4.83 |
| 6 | Joyy | 78.51 Bn | 77.62 Bn | 205.64 Mn | 0.86 |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 2.55 |
| 8 | Nebius | 49.63 Bn | 40.00 Bn | 295.20 Mn | 2.01 |
| 9 | 30.66 Bn | 27.88 Bn | 734.60 Mn | 0.17 | |
| 10 | Tencent Music Entertainment | 27.53 Bn | 24.83 Bn | 514.00 Mn | -57.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.83 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 3.74 |
| Jun 30, 2025 | -1.72 |
| Mar 31, 2025 | -3.27 |
| Dec 31, 2024 | 1.45 |
| 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 |
| Jun 30, 2021 | -0.48 |