Spotify Technology (SPOT) Liabilities and Shareholders Equity (2017 - 2026)
Spotify Technology (SPOT) recorded Liabilities and Shareholders Equity of $15.98 billion in the quarter ended Jun 30, 2026, up 4.8% from $15.24 billion a year earlier and up 4.0% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Liabilities and Shareholders Equity (2017 - 2026) Analysis & Trends
As of Dec 31, 2025, Spotify Technology reported Liabilities and Shareholders Equity of $17.48 billion, up 36.2% from the prior year.
- Annual Liabilities and Shareholders Equity has increased for three straight years, with a five-year compound annual growth rate of 19.3% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Liabilities and Shareholders Equity came in at $12.83 billion in the year ended Dec 31, 2024 (+42.9%), $8.98 billion in the year ended Dec 31, 2023 (+15.3%), $7.79 billion in the year ended Dec 31, 2022 (-5.0%) and $8.2 billion in the year ended Dec 31, 2021 (+13.6%).
- Quarterly Liabilities and Shareholders Equity has ranged from $7.7 billion in the quarter ended Sep 30, 2022 to $17.48 billion in the quarter ended Dec 31, 2025 over the past five years.
- On a year-over-year basis, Liabilities and Shareholders Equity has increased for 14 consecutive quarters, with growth averaging 32.8% over the last eight quarters.
- Peak year-over-year performance for Liabilities and Shareholders Equity in the last five years was growth of 48.2% in the quarter ended Sep 30, 2025, against a decline of 18.5% in the quarter ended Mar 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $15.37 billion (quarter ended Mar 31, 2026), $17.48 billion (quarter ended Dec 31, 2025) and $17.17 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 921.98 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 449.96 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 58.45 Bn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 288.16 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 14.47 Bn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 65.80 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 29.68 Bn |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | 97.43 Bn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 15.98 Bn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | 28.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.98 Bn |
| Mar 31, 2026 | 15.37 Bn |
| Dec 31, 2025 | 17.48 Bn |
| Sep 30, 2025 | 17.17 Bn |
| Jun 30, 2025 | 15.24 Bn |
| Mar 31, 2025 | 13.35 Bn |
| Dec 31, 2024 | 12.83 Bn |
| Sep 30, 2024 | 11.59 Bn |
| Jun 30, 2024 | 10.93 Bn |
| Mar 31, 2024 | 9.86 Bn |
| Dec 31, 2023 | 8.98 Bn |
| Sep 30, 2023 | 8.26 Bn |
| Jun 30, 2023 | 7.96 Bn |
| Mar 31, 2023 | 8.08 Bn |
| Dec 31, 2022 | 7.79 Bn |
| Sep 30, 2022 | 7.70 Bn |
| Jun 30, 2022 | 7.88 Bn |
| Mar 31, 2022 | 7.90 Bn |
| Dec 31, 2021 | 8.20 Bn |
| Sep 30, 2021 | 8.24 Bn |
API Access
Spotify Technology Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();