Spotify Technology (SPOT) Non-cash Items (2017 - 2024)

Spotify Technology (SPOT) posted Non-cash Items of $329.5 million for Q3 2024, up 11.66% sequentially from $295.1 million in Q2 2024, and up 365.62% YoY from $70.8 million in Q4 2023.

Spotify Technology (SPOT) Non-cash Items (2017 - 2024) Analysis & Trends

Spotify Technology has reported Non-cash Items for 8 years, with the latest figure at $329.5 million in Q3 2024.

  • Quarterly Non-cash Items rose 365.62% year-over-year to $329.5 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $909.3 million (up 357.91% YoY) and the FY2021 annual result came in at -$44.6 million, up 70.06% from the prior year.
  • Non-cash Items grew to $329.5 million in Q3 2024 per SPOT's latest filing, from $295.1 million in the prior quarter.
  • Over five years, Non-cash Items peaked at $329.5 million in Q3 2024 and troughed at -$392.1 million in Q2 2020.
  • A 5-year average of -$14.0 million and a median of $1.1 million in 2020 frame the typical range for Non-cash Items.
  • The sharpest annual moves came in 2020 and 2021: Non-cash Items sank 359.18% in 2020, then jumped 2413.13% in 2021.
  • Over 5 years, Non-cash Items stood at -$149.0 million in 2020, then surged by 70.06% to -$44.6 million in 2021, then surged by 429.55% to $147.0 million in 2022, then slumped by 51.87% to $70.8 million in 2023, then soared by 365.62% to $329.5 million in 2024.
  • According to Business Quant data, Non-cash Items over the past three periods registered $329.5 million, $295.1 million, and $214.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,209.11 Bn 3,780.07 Bn 73.85 Bn
2 Meta Platforms 1,537.88 Bn 1,447.62 Bn 49.47 Bn
3 Taboola.com 1,134.89 Bn 1,134.76 Bn 139.48 Mn
4 Baidu 289.34 Bn 284.85 Bn 1.88 Mn
5 Spotify Technology 102.76 Bn 92.52 Bn 1.75 Bn
6 Joyy 77.62 Bn 76.74 Bn 205.64 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00
8 Nebius 49.31 Bn 39.68 Bn 295.20 Mn
9 Reddit 30.43 Bn 27.64 Bn 734.60 Mn
10 Tencent Music Entertainment 27.02 Bn 24.32 Bn 514.00 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 329.47 Mn
Sep 30, 2024 329.47 Mn
Jun 30, 2024 295.07 Mn
Jun 30, 2024 295.07 Mn
Mar 31, 2024 214.01 Mn
Mar 31, 2024 214.01 Mn
Sep 30, 2023 70.76 Mn
Sep 30, 2023 70.76 Mn
Jun 30, 2023 -328.86 Mn
Jun 30, 2023 -328.86 Mn
Mar 31, 2023 -241.50 Mn
Mar 31, 2023 -241.50 Mn
Mar 31, 2022 147.03 Mn
Mar 31, 2022 147.03 Mn
Dec 31, 2021 -44.61 Mn
Dec 31, 2021 -44.61 Mn
Sep 30, 2021 2.36 Mn
Sep 30, 2021 2.36 Mn
Jun 30, 2021 -24.09 Mn
Jun 30, 2021 -24.09 Mn