Spotify Technology (SPOT) Invested Capital (2017 - 2026)
Spotify Technology (SPOT) posted Invested Capital of $9.4 billion for Q1 2026, down 17.5% sequentially from $11.4 billion in Q4 2025, and up 42.53% YoY from $6.6 billion in Q1 2025.
Spotify Technology (SPOT) Invested Capital (2017 - 2026) Analysis & Trends
Spotify Technology (SPOT) has 10 years of Invested Capital data on file, last reported at $9.4 billion in Q1 2026.
- Quarterly Invested Capital rose 42.53% year-over-year to $9.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.4 billion (up 42.53% YoY) and the FY2025 annual result came in at $11.4 billion, up 50.92% from the prior year.
- Invested Capital declined to $9.4 billion in Q1 2026 per SPOT's latest filing, from $11.4 billion in the prior quarter.
- The five-year high for Invested Capital was $11.4 billion in Q4 2025, with the low at $2.3 billion in Q2 2023.
- Average Invested Capital over 5 years is $5.1 billion, with a median of $4.0 billion recorded in 2023.
- Year-over-year, Invested Capital slumped 39.18% in 2022 and surged 117.82% in 2024.
- Spotify Technology's Invested Capital stood at $3.6 billion in 2022, then rose by 11.35% to $4.0 billion in 2023, then soared by 88.29% to $7.5 billion in 2024, then surged by 50.92% to $11.4 billion in 2025, then fell by 17.5% to $9.4 billion in 2026.
- Business Quant data shows SPOT's Invested Capital at $9.4 billion in Q1 2026, $11.4 billion in Q4 2025, and $9.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Spotify Technology | 101.23 Bn | 90.99 Bn | 1.75 Bn | -1.53 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.07 Mn |
| Dec 31, 2025 | 11.39 Bn |
| Sep 30, 2025 | 15.20 Mn |
| Jun 30, 2025 | 18.11 Mn |
| Mar 31, 2025 | 23.14 Mn |
| Dec 31, 2024 | 7.55 Bn |
| Sep 30, 2024 | 24.16 Mn |
| Jun 30, 2024 | 50.61 Mn |
| Mar 31, 2024 | 23.90 Mn |
| Dec 31, 2023 | 4.01 Bn |
| Sep 30, 2023 | 18.51 Mn |
| Jun 30, 2023 | 30.49 Mn |
| Mar 31, 2023 | 25.76 Mn |
| Dec 31, 2022 | 3.60 Bn |
| Sep 30, 2022 | 24.20 Mn |
| Jun 30, 2022 | 24.54 Mn |
| Mar 31, 2022 | 47.14 Mn |
| Dec 31, 2021 | 3.80 Bn |
| Sep 30, 2021 | 99.06 Mn |
| Jun 30, 2021 | 104.77 Mn |