Spotify Technology (SPOT) Net Shares Issued and Repurchased (2017 - 2026)
Spotify Technology's Net Shares Issued and Repurchased was $438.31 million in Q3 2026, up 861.4% from $45.59 million a year earlier and up 27.4% from the prior quarter.
Spotify Technology (SPOT) Net Shares Issued and Repurchased (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Spotify Technology's Net Shares Issued and Repurchased was $680.09 million through Sep 30, 2026, down 0.5% year-over-year; for FY2025, it came in at -$77.99 million.
- In earlier years, Net Shares Issued and Repurchased was $997 million in FY2024 (+151.8%), $395.91 million in FY2023 (+816.2%), $43.21 million in FY2022 (-53.2%) and $92.3 million in FY2021 (-86.2%).
- The Q3 2026 figure marks the highest quarterly Net Shares Issued and Repurchased in data going back to Q1 2017.
- Compared with a year earlier, Net Shares Issued and Repurchased has increased for three straight quarters, with growth averaging 153.6% over the last seven quarters.
- The best year-over-year quarter for Net Shares Issued and Repurchased over five years was Q3 2026 (growth of 861.4%); the worst was Q3 2025 (a decline of 72.7%).
- Per Business Quant data, SPOT's Net Shares Issued and Repurchased in the three quarters before Q3 2026 was $344.06 million (Q2 2026), $433.18 million (Q1 2026) and -$535.46 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Shares Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 12.37 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | - |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | -4.72 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | - |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | -547.00 Mn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | -750.00 Mn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | -1.28 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 438.31 Mn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | -2.14 Bn |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 438.31 Mn |
| Jun 30, 2026 | 344.06 Mn |
| Mar 31, 2026 | 433.18 Mn |
| Dec 31, 2025 | -535.46 Mn |
| Sep 30, 2025 | 45.59 Mn |
| Jun 30, 2025 | 104.14 Mn |
| Mar 31, 2025 | 214.58 Mn |
| Dec 31, 2024 | 319.51 Mn |
| Sep 30, 2024 | 166.93 Mn |
| Jun 30, 2024 | 258.45 Mn |
| Mar 31, 2024 | 262.90 Mn |
| Dec 31, 2023 | 241.01 Mn |
| Sep 30, 2023 | 34.83 Mn |
| Jun 30, 2023 | 38.11 Mn |
| Mar 31, 2023 | 80.50 Mn |
| Dec 31, 2022 | -4.08 Mn |
| Mar 31, 2022 | 50.51 Mn |
| Dec 31, 2021 | 147.57 Mn |
| Sep 30, 2021 | 58.96 Mn |
| Jun 30, 2021 | 31.31 Mn |
Spotify Technology Net Shares Issued and Repurchased 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=net-shares-issued-and-repurchased&ticker=SPOT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-shares-issued-and-repurchased", "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=net-shares-issued-and-repurchased&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();