Spotify Technology (SPOT) Non-Current Debt (2021 - 2025)
Spotify Technology (SPOT) recorded Non-Current Debt of $1.64 billion in the quarter ended Dec 31, 2024, up 27.1% from $1.29 billion a year earlier and up 11.8% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Non-Current Debt (2021 - 2025) Analysis & Trends
Starting with the quarter ended Dec 31, 2017, Spotify Technology's Non-Current Debt history includes 25 quarters.
- Annual Non-Current Debt has a three-year compound annual growth rate of 6.1% (years ended Dec 2021 to Dec 2024).
- Across earlier years, Non-Current Debt came in at $1.29 billion in the year ended Dec 31, 2023 (+12.5%), $1.15 billion in the year ended Dec 31, 2022 (-16.3%) and $1.38 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Dec 31, 2024 is the highest quarterly Non-Current Debt since the quarter ended Sep 30, 2021.
- On a year-over-year basis, Non-Current Debt has increased for seven consecutive quarters, with growth averaging 10.7% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 115.2% in the quarter ended Mar 31, 2021, against a decline of 100.0% in the quarter ended Sep 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.47 billion (quarter ended Sep 30, 2024), $1.42 billion (quarter ended Jun 30, 2024) and $1.38 billion (quarter ended Mar 31, 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 98.17 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 83.66 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 11.83 Bn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 17.05 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 10.73 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 18.18 Bn |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | - |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | 2.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -15.20 Mn |
| Jun 30, 2025 | -14.72 Mn |
| Mar 31, 2025 | -13.67 Mn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | -12.08 Mn |
| Jun 30, 2024 | -11.85 Mn |
| Mar 31, 2024 | -11.95 Mn |
| Dec 31, 2023 | 1.29 Bn |
| Sep 30, 2023 | 1.32 Bn |
| Jun 30, 2023 | 1.27 Bn |
| Mar 31, 2023 | 1.24 Bn |
| Dec 31, 2022 | 1.15 Bn |
| Sep 30, 2022 | 1.21 Bn |
| Jun 30, 2022 | 1.20 Bn |
| Mar 31, 2022 | 1.29 Bn |
| Dec 31, 2021 | 1.38 Bn |
| Sep 30, 2021 | 3,433.50 Bn |
| Jun 30, 2021 | 1.44 Bn |
| Mar 31, 2021 | 1.48 Bn |
API Access
Spotify Technology Non-Current Debt 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=non-current-debt&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();