Spotify Technology (SPOT) Purchase of Investments (2017 - 2026)
Spotify Technology (SPOT) recorded Purchase of Investments - Total of -$6.21 billion in Q3 2026, compared with -$5.59 billion a year earlier.
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Analysis
Spotify Technology (SPOT) Purchase of Investments (2017 - 2026) Analysis & Trends
On a TTM basis, Spotify Technology's Purchase of Investments - Total came in at $15.39 billion as of Sep 30, 2026; for FY2025, it came in at $22.43 billion, up 188.6% from FY2024.
- Annual Purchase of Investments - Total has increased for three straight years, with a five-year compound annual growth rate of 70.7% (FY2020 to FY2025).
- Across earlier years, Purchase of Investments - Total came in at $7.77 billion in FY2024 (+352.0%), $1.72 billion in FY2023 (+257.1%), $481.66 million in FY2022 (-18.1%) and $588.15 million in FY2021 (-62.0%).
- Quarterly Purchase of Investments - Total has ranged from -$8.49 billion in Q2 2026 to $37.98 billion in Q4 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$8.49 billion (Q2 2026), -$7.89 billion (Q1 2026) and $37.98 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Investments Purchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 42.10 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 42.75 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 52.55 Mn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | - |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 866.00 Mn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 8.74 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | - |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | -6.21 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -6.21 Bn |
| Jun 30, 2026 | -8.49 Bn |
| Mar 31, 2026 | -7.89 Bn |
| Dec 31, 2025 | 37.98 Bn |
| Sep 30, 2025 | -5.59 Bn |
| Jun 30, 2025 | -5.26 Bn |
| Mar 31, 2025 | -4.13 Bn |
| Dec 31, 2024 | 11.75 Bn |
| Sep 30, 2024 | -1.58 Bn |
| Jun 30, 2024 | -1.38 Bn |
| Mar 31, 2024 | -1.08 Bn |
| Dec 31, 2023 | 2.55 Bn |
| Sep 30, 2023 | -441.97 Mn |
| Jun 30, 2023 | -150.27 Mn |
| Mar 31, 2023 | -254.38 Mn |
| Dec 31, 2022 | 761.10 Mn |
| Sep 30, 2022 | -78.65 Mn |
| Jun 30, 2022 | -83.23 Mn |
| Mar 31, 2022 | -149.27 Mn |
| Dec 31, 2021 | -128.12 Mn |
API Access
Spotify Technology Purchase of Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=purchase-of-investments&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "purchase-of-investments", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=purchase-of-investments&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();