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 Sales (2018 - 2026)

Spotify Technology's (SPOT) quarterly Price to Sales came in at 17.02 in Q2 2026, down 48.36% year-over-year from 32.96 in Q2 2025, and down 9.5% quarter-over-quarter from 18.81 in Q1 2026.

Analysis

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

Spotify Technology has disclosed Price to Sales across 9 years of filings, most recently posting 17.02 for Q2 2026.

  • In Q2 2026, Price to Sales fell 48.36% year-over-year to 17.02; the TTM figure through Jun 2026 stood at 4.47 (down 48.34% YoY), while the FY2025 annual figure was 5.97, up 9.73% from the prior year.
  • Price to Sales came in at 17.02 for Q2 2026 at Spotify Technology, down from 18.81 in the prior quarter.
  • In the past five years, Price to Sales ranged from a high of 32.96 in Q2 2025 to a low of 4.72 in Q4 2022.
  • Average Price to Sales over 5 years is 15.03, with a median of 14.13 recorded in 2024.
  • Year-over-year, Price to Sales plunged 68.41% in 2022 and soared 118.41% in 2025.
  • Over 5 years, Price to Sales stood at 4.72 in 2022, then jumped by 98.52% to 9.38 in 2023, then surged by 114.5% to 20.12 in 2024, then climbed by 12.65% to 22.66 in 2025, then dropped by 24.9% to 17.02 in 2026.
  • Per Business Quant data, the three most recent Price to Sales figures were 17.02 in Q2 2026, 18.81 in Q1 2026, and 22.66 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 17.02
Mar 31, 2026 18.81
Dec 31, 2025 22.66
Sep 30, 2025 28.49
Jun 30, 2025 32.96
Mar 31, 2025 25.44
Dec 31, 2024 20.12
Sep 30, 2024 16.59
Jun 30, 2024 15.09
Mar 31, 2024 13.17
Dec 31, 2023 9.38
Sep 30, 2023 8.18
Jun 30, 2023 8.97
Mar 31, 2023 7.91
Dec 31, 2022 4.72
Sep 30, 2022 5.42
Jun 30, 2022 5.90
Mar 31, 2022 9.72
Dec 31, 2021 14.62
Sep 30, 2021 14.53