Spotify Technology SPOT
NYSE SPOT
$542.32 -17.75 (-3.17%)
At close: Sep 4, 2026 · 4:00 PM EDT

Spotify Technology (SPOT) Price to Book (2018 - 2026)

Spotify Technology's (SPOT) quarterly Price to Book came in at 9.7 in Q2 2026, down 53.5% year-over-year from 20.85 in Q2 2025, and down 8.9% quarter-over-quarter from 10.64 in Q1 2026.

Analysis

Spotify Technology (SPOT) Price to Book (2018 - 2026) Analysis & Trends

Spotify Technology has disclosed Price to Book across 9 years of filings, most recently posting 9.7 for Q2 2026.

  • In Q2 2026, Price to Book fell 53.5% year-over-year to 9.7; the TTM figure through Jun 2026 stood at 9.7 (down 53.5% YoY), while the FY2025 annual figure was 12.33, down 20.19% from the prior year.
  • Price to Book came in at 9.7 for Q2 2026 at Spotify Technology, down from 10.64 in the prior quarter.
  • In the past five years, Price to Book ranged from a high of 20.85 in Q2 2025 to a low of 6.23 in Q4 2022.
  • Average Price to Book over 5 years is 12.64, with a median of 13.16 recorded in 2024.
  • Year-over-year, Price to Book plunged 66.42% in 2022 and soared 119.06% in 2023.
  • Over 5 years, Price to Book stood at 6.23 in 2022, then soared by 119.06% to 13.65 in 2023, then rose by 13.19% to 15.45 in 2024, then slipped by 20.19% to 12.33 in 2025, then declined by 21.35% to 9.7 in 2026.
  • Per Business Quant data, the three most recent Price to Book figures were 9.7 in Q2 2026, 10.64 in Q1 2026, and 12.33 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Netflix 325.83 Bn 316.70 Bn 6.52 Bn
2 Spotify Technology 111.63 Bn 100.71 Bn 1.86 Bn
3 Tencent Music Entertainment 13.00 Bn 9.90 Bn 582.00 Mn
4 FuboTV 1.22 Bn 3.14 Bn 399.10 Mn
5 Huya 947.78 Mn 587.52 Mn 37.58 Mn
6 iQIYI 849.12 Mn 364.94 Mn 152.37 Mn
7 Kaltura 229.15 Mn 197.85 Mn 34.54 Mn
8 CuriosityStream 160.17 Mn 111.78 Mn 16.93 Mn
9 Cineverse 54.91 Mn 50.59 Mn 10.66 Mn
10 LiveOne 47.57 Mn 47.56 Mn 3.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.70
Mar 31, 2026 10.64
Dec 31, 2025 12.33
Sep 30, 2025 15.65
Jun 30, 2025 20.85
Mar 31, 2025 17.06
Dec 31, 2024 15.45
Sep 30, 2024 14.28
Jun 30, 2024 13.49
Mar 31, 2024 14.47
Dec 31, 2023 13.65
Sep 30, 2023 12.84
Jun 30, 2023 13.87
Mar 31, 2023 10.27
Dec 31, 2022 6.23
Sep 30, 2022 7.37
Jun 30, 2022 7.34
Mar 31, 2022 12.04
Dec 31, 2021 18.55
Sep 30, 2021 17.17