Growth Metrics

Spotify Technology (SPOT) Operating Leases (2017 - 2026)

Spotify Technology has reported Operating Leases over the past 10 years, most recently at $484.7 million for Q1 2026.

  • Quarterly results put Operating Leases at $484.7 million for Q1 2026, up 2.85% from a year ago — trailing twelve months through Mar 2026 was $484.7 million (up 2.85% YoY), and the annual figure for FY2025 was $504.0 million, up 2.09%.
  • Operating Leases reached $484.7 million in Q1 2026 per SPOT's latest filing, down from $504.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $658.8 million in Q1 2022 and bottomed at $471.2 million in Q1 2025.
  • Median Operating Leases over the past 5 years was $535.6 million (2024), compared with a mean of $551.1 million.
  • The largest annual shift saw Operating Leases dropped 17.77% in 2024 before it rose 5.97% in 2025.
  • Over 5 years, Operating Leases stood at $625.4 million in 2022, then decreased by 4.0% to $600.4 million in 2023, then dropped by 17.77% to $493.7 million in 2024, then rose by 2.09% to $504.0 million in 2025, then decreased by 3.84% to $484.7 million in 2026.
  • Business Quant data shows Operating Leases for SPOT at $484.7 million in Q1 2026, $504.0 million in Q4 2025, and $519.1 million in Q3 2025.