Spotify Technology (SPOT) Market Capitalization (2018 - 2026)
Spotify Technology's (SPOT) quarterly Market Capitalization came in at $94.5 billion in Q2 2026, down 39.58% year-over-year from $156.4 billion in Q2 2025, and down 5.32% quarter-over-quarter from $99.8 billion in Q1 2026.
Analysis
Spotify Technology (SPOT) Market Capitalization (2018 - 2026) Analysis & Trends
Spotify Technology has disclosed Market Capitalization across 9 years of filings, most recently posting $94.5 billion for Q2 2026.
- In Q2 2026, Market Capitalization fell 39.58% year-over-year to $94.5 billion; the TTM figure through Jun 2026 stood at $94.5 billion (down 39.58% YoY), while the FY2025 annual figure was $119.5 billion, up 31.07% from the prior year.
- Market Capitalization came in at $94.5 billion for Q2 2026 at Spotify Technology, down from $99.8 billion in the prior quarter.
- In the past five years, Market Capitalization ranged from a high of $156.4 billion in Q2 2025 to a low of $15.3 billion in Q4 2022.
- Average Market Capitalization over 5 years is $66.9 billion, with a median of $56.9 billion recorded in 2024.
- Year-over-year, Market Capitalization slumped 66.06% in 2022 and soared 152.85% in 2025.
- Over 5 years, Market Capitalization stood at $15.3 billion in 2022, then jumped by 142.75% to $37.0 billion in 2023, then surged by 146.17% to $91.2 billion in 2024, then jumped by 31.07% to $119.5 billion in 2025, then dropped by 20.94% to $94.5 billion in 2026.
- Per Business Quant data, the three most recent Market Capitalization figures were $94.5 billion in Q2 2026, $99.8 billion in Q1 2026, and $119.5 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.83 Bn | 316.70 Bn | 6.52 Bn |
| 2 | Spotify Technology | 111.63 Bn | 100.71 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 13.00 Bn | 9.90 Bn | 582.00 Mn |
| 4 | FuboTV | 1.22 Bn | 3.14 Bn | 399.10 Mn |
| 5 | Huya | 947.78 Mn | 587.52 Mn | 37.58 Mn |
| 6 | iQIYI | 849.12 Mn | 364.94 Mn | 152.37 Mn |
| 7 | Kaltura | 229.15 Mn | 197.85 Mn | 34.54 Mn |
| 8 | CuriosityStream | 160.17 Mn | 111.78 Mn | 16.93 Mn |
| 9 | Cineverse | 54.91 Mn | 50.59 Mn | 10.66 Mn |
| 10 | LiveOne | 47.57 Mn | 47.56 Mn | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.50 Bn |
| Mar 31, 2026 | 99.81 Bn |
| Dec 31, 2025 | 119.53 Bn |
| Sep 30, 2025 | 142.28 Bn |
| Jun 30, 2025 | 156.42 Bn |
| Mar 31, 2025 | 112.12 Bn |
| Dec 31, 2024 | 91.20 Bn |
| Sep 30, 2024 | 72.65 Bn |
| Jun 30, 2024 | 61.86 Bn |
| Mar 31, 2024 | 52.03 Bn |
| Dec 31, 2023 | 37.05 Bn |
| Sep 30, 2023 | 29.89 Bn |
| Jun 30, 2023 | 31.03 Bn |
| Mar 31, 2023 | 25.83 Bn |
| Dec 31, 2022 | 15.26 Bn |
| Sep 30, 2022 | 16.58 Bn |
| Jun 30, 2022 | 18.03 Bn |
| Mar 31, 2022 | 29.02 Bn |
| Dec 31, 2021 | 44.97 Bn |
| Sep 30, 2021 | 42.86 Bn |