Spotify Technology (SPOT) Leases (2019 - 2026)

Spotify Technology's (SPOT) quarterly Leases came in at $265.8 million in Q1 2026, up 13.3% year-on-year from $234.6 million in Q1 2025, and down 2.43% quarter-over-quarter from $272.4 million in Q4 2025.

Spotify Technology (SPOT) Leases (2019 - 2026) Analysis & Trends

Spotify Technology has disclosed Leases across 8 years of filings, most recently posting $265.8 million for Q1 2026.

  • Leases for Q1 2026 came in at $265.8 million, up 13.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $265.8 million (up 13.3% YoY), and the FY2025 annual result was $272.4 million, up 12.79% from the prior year.
  • Leases came in at $265.8 million for Q1 2026 at Spotify Technology, down from $272.4 million in the prior quarter.
  • In the past five years, Leases ranged from a high of $497.2 million in Q1 2022 to a low of $234.6 million in Q1 2025.
  • The 5-year median for Leases is $297.7 million (2024), against an average of $340.3 million.
  • Across the five-year window, Leases plunged 32.85% in 2024 and rose 13.3% in 2026, its largest moves.
  • Spotify Technology's Leases stood at $425.4 million in 2022, then dropped by 24.13% to $322.8 million in 2023, then decreased by 25.18% to $241.5 million in 2024, then grew by 12.79% to $272.4 million in 2025, then slipped by 2.43% to $265.8 million in 2026.
  • The last three Leases figures came in at $265.8 million (Q1 2026), $272.4 million (Q4 2025), and $282.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Nebius 1,942,920.03 Bn 1,942,920.03 Bn 295.20 Mn 1.27 Bn
2 Alphabet 4,333.14 Bn 4,117.52 Bn 102.29 Bn 15.51 Bn
3 Meta Platforms 1,436.75 Bn 1,355.57 Bn 46.09 Bn 23.27 Bn
4 Spotify Technology 115.76 Bn 105.52 Bn 1.75 Bn 265.76 Mn
5 Reddit 31.07 Bn 28.30 Bn 511.94 Mn 19.00 Mn
6 Pinterest 12.92 Bn 11.62 Bn 768.96 Mn 152.34 Mn
7 Kanzhun 12.73 Bn 10.63 Bn 255.62 Bn 19.26 Mn
8 Snap 8.83 Bn 6.00 Bn 1.29 Bn 563.78 Mn
9 Match 8.15 Bn 7.13 Bn 653.28 Mn -
10 Zillow 7.57 Bn 6.79 Bn 519.00 Mn 59.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 265.76 Mn
Dec 31, 2025 272.39 Mn
Sep 30, 2025 282.91 Mn
Jun 30, 2025 289.78 Mn
Mar 31, 2025 234.57 Mn
Dec 31, 2024 241.50 Mn
Sep 30, 2024 258.08 Mn
Jun 30, 2024 273.53 Mn
Mar 31, 2024 297.66 Mn
Dec 31, 2023 322.78 Mn
Sep 30, 2023 373.39 Mn
Jun 30, 2023 374.59 Mn
Mar 31, 2023 443.29 Mn
Dec 31, 2022 425.44 Mn
Sep 30, 2022 456.75 Mn
Jun 30, 2022 474.84 Mn
Mar 31, 2022 497.20 Mn
Dec 31, 2021 499.92 Mn
Sep 30, 2021 522.42 Mn
Jun 30, 2021 531.08 Mn