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 Earnings (2018 - 2026)

Spotify Technology's (SPOT) quarterly Price to Earnings came in at 149.18 in Q2 2026, up 109.28% year-over-year from 71.28 in Q2 2025, and up 26.16% quarter-over-quarter from 118.24 in Q1 2026.

Analysis

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

Spotify Technology has disclosed Price to Earnings across 9 years of filings, most recently posting 149.18 for Q2 2026.

  • In Q2 2026, Price to Earnings rose 109.28% year-over-year to 149.18; the TTM figure through Jun 2026 stood at 24.26 (down 86.65% YoY), while the FY2025 annual figure was 46.42, down 38.1% from the prior year.
  • Price to Earnings came in at 149.18 for Q2 2026 at Spotify Technology, up from 118.24 in the prior quarter.
  • In the past five years, Price to Earnings ranged from a high of 473.73 in Q1 2025 to a low of 1606.78 in Q2 2025.
  • Average Price to Earnings over 5 years is 28.18, with a median of 126.81 recorded in 2025.
  • Year-over-year, Price to Earnings soared 571.33% in 2024 and sank 866.4% in 2025.
  • Over 5 years, Price to Earnings stood at 25.35 in 2022, then jumped by 36.63% to 34.64 in 2023, then soared by 571.33% to 232.54 in 2024, then slumped by 62.39% to 87.47 in 2025, then surged by 70.56% to 149.18 in 2026.
  • Per Business Quant data, the three most recent Price to Earnings figures were 149.18 in Q2 2026, 118.24 in Q1 2026, and 87.47 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 149.18
Mar 31, 2026 118.24
Dec 31, 2025 87.47
Sep 30, 2025 135.38
Jun 30, 2025 -1,606.78
Mar 31, 2025 473.73
Dec 31, 2024 232.54
Sep 30, 2024 220.52
Jun 30, 2024 209.65
Mar 31, 2024 243.10
Dec 31, 2023 34.64
Sep 30, 2023 422.44
Jun 30, 2023 -94.37
Mar 31, 2023 -106.95
Dec 31, 2022 25.35
Sep 30, 2022 -99.08
Jun 30, 2022 -135.17
Mar 31, 2022 197.37
Dec 31, 2021 -1,007.94
Sep 30, 2021 18,173.08