Spotify Technology (SPOT) Operating Leases (2018 - 2026)

Spotify Technology has disclosed Operating Leases across 9 years of filings, most recently posting $484.7 million for Q1 2026.

• Operating Leases for Q1 2026 came in at $484.7 million, up 2.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $484.7 million (up 2.85% YoY), and the FY2025 annual result was $504.0 million, up 2.09% from the prior year.
• Operating Leases came in at $484.7 million for Q1 2026 at Spotify Technology, down from $504.0 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $658.8 million in Q1 2022 to a low of $471.2 million in Q1 2025.
• The 5-year median for Operating Leases is $535.6 million (2024), against an average of $551.1 million.
• Across the five-year window, Operating Leases retreated 17.77% in 2024 and rose 5.97% in 2025, its largest moves.
• Spotify Technology's Operating Leases stood at $625.4 million in 2022, then declined by 4.0% to $600.4 million in 2023, then dropped by 17.77% to $493.7 million in 2024, then climbed by 2.09% to $504.0 million in 2025, then declined by 3.84% to $484.7 million in 2026.
• The last three Operating Leases figures came in at $484.7 million (Q1 2026), $504.0 million (Q4 2025), and $519.1 million (Q3 2025), per Business Quant data.