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

Spotify Technology has reported Operating Leases for 9 years, with the latest figure at $484.7 million in Q1 2026.

• Quarterly Operating Leases rose 2.85% year-over-year to $484.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $484.7 million (up 2.85% YoY) and the FY2025 annual result came in at $504.0 million, up 2.09% from the prior year.
• Operating Leases fell to $484.7 million in Q1 2026 per SPOT's latest filing, from $504.0 million in the prior quarter.
• Over five years, Operating Leases peaked at $658.8 million in Q1 2022 and troughed at $471.2 million in Q1 2025.
• A 5-year average of $551.1 million and a median of $535.6 million in 2024 frame the typical range for Operating Leases.
• The sharpest annual moves came in 2024 and 2025: Operating Leases slipped 17.77% in 2024, then advanced 5.97% in 2025.
• Over 5 years, Operating Leases stood at $625.4 million in 2022, then retreated by 4.0% to $600.4 million in 2023, then fell by 17.77% to $493.7 million in 2024, then increased by 2.09% to $504.0 million in 2025, then retreated by 3.84% to $484.7 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $484.7 million, $504.0 million, and $519.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.