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