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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |