Spotify Technology (SPOT) Other Working Capital Changes (2019 - 2021)
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.
Analysis
Spotify Technology (SPOT) Other Working Capital Changes (2019 - 2021) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | -4.72 Mn |
| Sep 30, 2021 | -4.72 Mn |
| Sep 30, 2021 | -4.72 Mn |
| Jun 30, 2021 | 20.47 Mn |
| Jun 30, 2021 | 20.47 Mn |
| Jun 30, 2021 | 20.47 Mn |
| Sep 30, 2020 | 23.36 Mn |
| Sep 30, 2020 | 23.36 Mn |
| Sep 30, 2020 | 23.36 Mn |
| Mar 31, 2020 | -4.42 Mn |
| Mar 31, 2020 | -4.42 Mn |
| Mar 31, 2020 | -4.42 Mn |
| Dec 31, 2019 | 16.60 Mn |
| Dec 31, 2019 | 16.60 Mn |
| Dec 31, 2019 | 16.60 Mn |
| Mar 31, 2019 | 14.78 Mn |
| Mar 31, 2019 | 14.78 Mn |
| Mar 31, 2019 | 14.78 Mn |