Spotify Technology (SPOT) Price to Earnings (2019 - 2026)
Spotify Technology's (SPOT) Price to Earnings came in at 24.26 for the quarter ended Jun 30, 2026, down 86.6% from 181.68 a year earlier and down 23.1% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Price to Earnings (2019 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Spotify Technology's Price to Earnings stood at 46.42, down 38.1% from the prior year.
- In prior years, Spotify Technology's Price to Earnings was 74.99 in the year ended Dec 31, 2024.
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Price to Earnings in data going back to the quarter ended Jun 30, 2019.
- On a year-over-year basis, Price to Earnings has declined in each of the last four quarters, with an average decline of 29.1% over the last five quarters.
- According to Business Quant data, Price to Earnings for the three prior quarters was 31.54 (quarter ended Mar 31, 2026), 46.75 (quarter ended Dec 31, 2025) and 89.91 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.26 |
| Mar 31, 2026 | 31.54 |
| Dec 31, 2025 | 46.75 |
| Sep 30, 2025 | 89.91 |
| Jun 30, 2025 | 181.68 |
| Mar 31, 2025 | 89.45 |
| Dec 31, 2024 | 74.10 |
| Sep 30, 2024 | 95.19 |
| Jun 30, 2024 | 122.61 |
| Mar 31, 2022 | 359.66 |
| Sep 30, 2019 | 39.21 |
| Jun 30, 2019 | 85.94 |
API Access
Spotify Technology Price to Earnings 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=price-to-earnings&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();