Spotify Technology (SPOT) Market Capitalization (2018 - 2026)
Spotify Technology (SPOT) posted Market Capitalization of $94.5 billion for the quarter ended Jun 30, 2026, down 39.6% from $156.42 billion a year earlier and down 5.3% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Market Capitalization (2018 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Spotify Technology's Market Capitalization came in at $119.53 billion, up 31.1% from the prior year.
- Annual Market Capitalization has increased for three consecutive years, with a five-year compound annual growth rate of 14.8% (years ended Dec 2020 to Dec 2025).
- In prior years, Spotify Technology's Market Capitalization was $91.2 billion in the year ended Dec 31, 2024 (+146.2%), $37.05 billion in the year ended Dec 31, 2023 (+142.8%), $15.26 billion in the year ended Dec 31, 2022 (-66.1%) and $44.97 billion in the year ended Dec 31, 2021 (-24.9%).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Market Capitalization since the quarter ended Dec 31, 2024.
- On a year-over-year basis, Market Capitalization increased in six of the last eight quarters, with growth averaging 79.2%.
- The strongest year-over-year quarter for Market Capitalization in the past five years was the quarter ended Jun 30, 2025, with growth of 152.9%; the weakest was the quarter ended Dec 31, 2022, with a decline of 66.1%.
- According to Business Quant data, Market Capitalization for the three prior quarters was $99.81 billion (quarter ended Mar 31, 2026), $119.53 billion (quarter ended Dec 31, 2025) and $142.28 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn |
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 |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();