Spotify Technology SPOT
NYSE SPOT
$509.58 -1.88 (-0.37%)
At close: Sep 25, 2026 · 4:00 PM EDT

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 Alphabet 4,144.46 Bn 3,901.99 Bn 73.85 Bn
2 Meta Platforms 1,981.30 Bn 1,683.82 Bn 49.47 Bn
3 Netflix 296.22 Bn 256.42 Bn 6.52 Bn
4 Alibaba Group Holding 254.92 Bn 72.79 Bn 15.11 Bn
5 Shopify 184.25 Bn 161.43 Bn 1.71 Bn
6 Uber Technologies 142.00 Bn 113.98 Bn 6.38 Bn
7 Booking Holdings 123.19 Bn 56.24 Bn -
8 PDD Holdings 110.41 Bn -141.52 Bn 9.45 Bn
9 Spotify Technology 104.89 Bn 62.12 Bn 1.86 Bn
10 AppLovin 104.19 Bn 94.23 Bn 1.70 Bn
Historic Data

Historic Data

Download Data
DateValue
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
API Access

Spotify Technology Market Capitalization 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=market-capitalization&ticker=SPOT&period=max&api_key=YOUR_API_KEY