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 FCF (2018 - 2026)

Spotify Technology's (SPOT) quarterly Price to FCF came in at 97.25 in Q2 2026, down 49.4% year-over-year from 192.19 in Q2 2025, and down 4.06% quarter-over-quarter from 101.37 in Q1 2026.

Analysis

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

Spotify Technology has disclosed Price to FCF across 9 years of filings, most recently posting 97.25 for Q2 2026.

  • In Q2 2026, Price to FCF fell 49.4% year-over-year to 97.25; the TTM figure through Jun 2026 stood at 23.78 (down 52.47% YoY), while the FY2025 annual figure was 34.3, down 6.85% from the prior year.
  • Price to FCF came in at 97.25 for Q2 2026 at Spotify Technology, down from 101.37 in the prior quarter.
  • In the past five years, Price to FCF ranged from a high of 1899.93 in Q2 2023 to a low of 230.12 in Q4 2022.
  • Average Price to FCF over 5 years is 275.12, with a median of 136.19 recorded in 2025.
  • Year-over-year, Price to FCF sank 179.03% in 2022 and soared 394.76% in 2023.
  • Over 5 years, Price to FCF stood at 230.12 in 2022, then jumped by 137.59% to 86.51 in 2023, then climbed by 10.97% to 96.0 in 2024, then gained by 21.83% to 116.95 in 2025, then declined by 16.84% to 97.25 in 2026.
  • Per Business Quant data, the three most recent Price to FCF figures were 97.25 in Q2 2026, 101.37 in Q1 2026, and 116.95 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 97.25
Mar 31, 2026 101.37
Dec 31, 2025 116.95
Sep 30, 2025 142.85
Jun 30, 2025 192.19
Mar 31, 2025 195.58
Dec 31, 2024 96.00
Sep 30, 2024 92.01
Jun 30, 2024 116.29
Mar 31, 2024 221.71
Dec 31, 2023 86.51
Sep 30, 2023 129.52
Jun 30, 2023 1,899.93
Mar 31, 2023 394.48
Dec 31, 2022 -230.12
Sep 30, 2022 365.48
Jun 30, 2022 384.01
Mar 31, 2022 550.12
Dec 31, 2021 291.18
Sep 30, 2021 245.58