Spotify Technology (SPOT) Net Cash Flow (2017 - 2026)
Spotify Technology (SPOT) posted Net Cash Flow of -$50.3 million for Q1 2026, up 77.36% sequentially from -$222.3 million in Q4 2025, and down 113.64% YoY from $369.2 million in Q1 2025.
Spotify Technology (SPOT) Net Cash Flow (2017 - 2026) Analysis & Trends
Spotify Technology has reported Net Cash Flow for 10 years, with the latest figure at -$50.3 million in Q1 2026.
- Quarterly Net Cash Flow fell 113.64% year-over-year to -$50.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $425.2 million (down 75.37% YoY) and the FY2025 annual result came in at $892.8 million, down 45.89% from the prior year.
- Net Cash Flow rose to -$50.3 million in Q1 2026 per SPOT's latest filing, from -$222.3 million in the prior quarter.
- Over five years, Net Cash Flow peaked at $803.9 million in Q3 2024 and troughed at -$222.3 million in Q4 2025.
- A 5-year average of $164.2 million and a median of $7.6 million in 2023 frame the typical range for Net Cash Flow.
- The sharpest annual moves came in 2022 and 2024: Net Cash Flow plunged 466.42% in 2022, then surged 10449.64% in 2024.
- Over 5 years, Net Cash Flow stood at -$195.9 million in 2022, then surged by 421.87% to $630.5 million in 2023, then tumbled by 112.03% to -$75.9 million in 2024, then slumped by 193.04% to -$222.3 million in 2025, then jumped by 77.36% to -$50.3 million in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered -$50.3 million, -$222.3 million, and $340.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,226.97 Bn | 3,797.93 Bn | 73.85 Bn | 17.88 Bn |
| 2 | Meta Platforms | 1,534.26 Bn | 1,444.00 Bn | 49.47 Bn | -1.82 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | - |
| 4 | Baidu | 289.47 Bn | 284.98 Bn | 1.88 Mn | 902.61 Mn |
| 5 | Spotify Technology | 102.75 Bn | 92.51 Bn | 1.75 Bn | -50.34 Mn |
| 6 | Joyy | 77.93 Bn | 77.04 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | -18,580.00 |
| 8 | Nebius | 49.20 Bn | 39.57 Bn | 295.20 Mn | 5.91 Bn |
| 9 | 30.47 Bn | 27.69 Bn | 734.60 Mn | 112.49 Mn | |
| 10 | Tencent Music Entertainment | 27.09 Bn | 24.39 Bn | 514.00 Mn | 1.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -50.34 Mn |
| Mar 31, 2026 | -50.34 Mn |
| Dec 31, 2025 | -222.33 Mn |
| Dec 31, 2025 | -222.33 Mn |
| Sep 30, 2025 | 340.20 Mn |
| Sep 30, 2025 | 340.20 Mn |
| Jun 30, 2025 | 357.70 Mn |
| Jun 30, 2025 | 357.70 Mn |
| Mar 31, 2025 | 369.21 Mn |
| Mar 31, 2025 | 369.21 Mn |
| Dec 31, 2024 | -75.87 Mn |
| Dec 31, 2024 | -75.87 Mn |
| Sep 30, 2024 | 803.90 Mn |
| Sep 30, 2024 | 803.90 Mn |
| Jun 30, 2024 | 628.90 Mn |
| Jun 30, 2024 | 628.90 Mn |
| Mar 31, 2024 | 324.82 Mn |
| Mar 31, 2024 | 324.82 Mn |
| Dec 31, 2023 | 630.50 Mn |
| Dec 31, 2023 | 630.50 Mn |