Spotify Technology (SPOT) Other Working Capital Changes (2017 - 2026)

Spotify Technology (SPOT) posted Other Working Capital Changes of -$3.5 million for Q1 2026, down 250.22% sequentially from $2.3 million in Q3 2025, and down 127.82% YoY from $12.6 million in Q1 2025.

Spotify Technology (SPOT) Other Working Capital Changes (2017 - 2026) Analysis & Trends

Spotify Technology has reported Other Working Capital Changes for 10 years, with the latest figure at -$3.5 million in Q1 2026.

  • Quarterly Other Working Capital Changes fell 127.82% year-over-year to -$3.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.5 million (up 22.14% YoY) and the FY2021 annual result came in at $5.7 million, down 20.04% from the prior year.
  • Other Working Capital Changes eased to -$3.5 million in Q1 2026 per SPOT's latest filing, from $2.3 million in the prior quarter.
  • Over five years, Other Working Capital Changes peaked at $61.0 million in Q3 2023 and troughed at $3.2 million in Q1 2025.
  • A 5-year average of $21.4 million and a median of $19.6 million in 2023 frame the typical range for Other Working Capital Changes.
  • The widest YoY moves for Other Working Capital Changes: up 1039.5% in 2024, down 1618.2% in 2024.
  • Over 5 years, Other Working Capital Changes stood at -$12.1 million in 2022, then jumped by 82.01% to -$2.2 million in 2023, then jumped by 1039.79% to $20.5 million in 2024, then plunged by 88.57% to $2.3 million in 2025, then sank by 250.22% to -$3.5 million in 2026.
  • According to Business Quant data, Other Working Capital Changes over the past three periods registered -$3.5 million, $2.3 million, and $9.1 million for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,226.97 Bn 3,797.93 Bn 73.85 Bn
2 Meta Platforms 1,534.26 Bn 1,444.00 Bn 49.47 Bn
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn
4 Baidu 289.47 Bn 284.98 Bn 1.88 Mn
5 Spotify Technology 102.75 Bn 92.51 Bn 1.75 Bn
6 Joyy 77.93 Bn 77.04 Bn 205.64 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00
8 Nebius 49.20 Bn 39.57 Bn 295.20 Mn
9 Reddit 30.47 Bn 27.69 Bn 734.60 Mn
10 Tencent Music Entertainment 27.09 Bn 24.39 Bn 514.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 40.98 Mn
Mar 31, 2026 40.98 Mn
Mar 31, 2026 40.98 Mn
Sep 30, 2025 29.23 Mn
Sep 30, 2025 29.23 Mn
Sep 30, 2025 29.23 Mn
Jun 30, 2025 13.58 Mn
Jun 30, 2025 13.58 Mn
Jun 30, 2025 13.58 Mn
Mar 31, 2025 3.16 Mn
Mar 31, 2025 3.16 Mn
Mar 31, 2025 3.16 Mn
Sep 30, 2024 36.24 Mn
Sep 30, 2024 36.24 Mn
Sep 30, 2024 36.24 Mn
Jun 30, 2024 22.61 Mn
Jun 30, 2024 22.61 Mn
Jun 30, 2024 22.61 Mn
Mar 31, 2024 7.60 Mn
Mar 31, 2024 7.60 Mn