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