Spotify Technology (SPOT) Payables (2017 - 2026)
Spotify Technology (SPOT) recorded Payables of $1.6 billion in Q3 2026, up 14.3% from $1.4 billion a year earlier and up 5.7% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Payables (2017 - 2026) Analysis & Trends
At the end of FY2025, Spotify Technology reported Payables of $1.4 billion, up 0.4% from FY2024.
- Annual Payables has increased for eight straight years, with a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- Across earlier years, Payables came in at $1.4 billion in FY2024 (+29.0%), $1.08 billion in FY2023 (+20.2%), $900.83 million in FY2022 (+0.3%) and $898.07 million in FY2021 (+14.4%).
- The Q3 2026 figure is the highest quarterly Payables in data going back to Q4 2017.
- On a year-over-year basis, Payables has increased for 32 consecutive quarters, with growth averaging 14.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Payables ran from 0.3% in Q1 2022 to 29.0% in Q4 2024.
- Per Business Quant, the preceding three quarters came in at $1.51 billion (Q2 2026), $1.43 billion (Q1 2026) and $1.4 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - | - |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - | - |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn | 3.34 Bn |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn | 60.83 Bn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn | 1.12 Bn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn | 3.36 Bn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn | 1.60 Bn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - | 5.15 Bn |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn | 11.33 Bn |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn | 3.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.60 Bn |
| Jun 30, 2026 | 1.51 Bn |
| Mar 31, 2026 | 1.43 Bn |
| Dec 31, 2025 | 1.40 Bn |
| Sep 30, 2025 | 1.40 Bn |
| Jun 30, 2025 | 1.37 Bn |
| Mar 31, 2025 | 1.15 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Sep 30, 2024 | 1.21 Bn |
| Jun 30, 2024 | 1.17 Bn |
| Mar 31, 2024 | 1.13 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 998.15 Mn |
| Jun 30, 2023 | 970.52 Mn |
| Mar 31, 2023 | 926.90 Mn |
| Dec 31, 2022 | 900.83 Mn |
| Sep 30, 2022 | 930.86 Mn |
| Jun 30, 2022 | 861.84 Mn |
| Mar 31, 2022 | 775.75 Mn |
| Dec 31, 2021 | 898.07 Mn |
API Access
Spotify Technology Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();