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 | 31.07 Bn | 28.30 Bn | 511.94 Mn | 19.00 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |