Spotify Technology (SPOT) Prepaid Assets (2017 - 2026)

As of Dec 31, 2025, Spotify Technology posted Prepaid Assets of $129.21 million, down 8.4% from the prior year.

• Prepaid Assets has declined for three consecutive years, with a five-year compound annual growth rate of -5.6% (years ended Dec 2020 to Dec 2025).
• By year, Prepaid Assets came in at $141.05 million in the year ended Dec 31, 2024 (-22.0%), $180.76 million in the year ended Dec 31, 2023 (-42.3%), $313.22 million in the year ended Dec 31, 2022 (+11.3%) and $281.42 million in the year ended Dec 31, 2021 (+63.2%).
• Five-year quarterly Prepaid Assets spans a low of $129.21 million in the quarter ended Dec 31, 2025 and a high of $359.6 million in the quarter ended Jun 30, 2022.
• Year over year, Prepaid Assets gained in two of the last eight quarters, with an average decline of 12.3%.
• The high point for year-over-year Prepaid Assets in five years was the quarter ended Sep 30, 2021 (growth of 59.3%); the low point was the quarter ended Jun 30, 2024 (a decline of 42.8%).
• Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $159.22 million (quarter ended Mar 31, 2026), $129.21 million (quarter ended Dec 31, 2025) and $167.17 million (quarter ended Sep 30, 2025).