Spotify Technology (SPOT) Selling, General & Administrative (2017 - 2026)
Spotify Technology (SPOT) reported Selling, General & Administrative of $172.03 million for the quarter ended Jun 30, 2026, up 12.6% from $152.81 million a year earlier and up 37.3% from the prior quarter.
Spotify Technology (SPOT) Selling, General & Administrative (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Spotify Technology's Selling, General & Administrative came in at $553.95 million, up 3.2% year-over-year; for the year ended Dec 31, 2025, it was $557.58 million, up 8.5% from the prior year.
- Selling, General & Administrative has a five-year compound annual growth rate of 2.0% (years ended Dec 2020 to Dec 2025).
- By year, Selling, General & Administrative came in at $513.99 million in the year ended Dec 31, 2024 (-18.3%), $629.42 million in the year ended Dec 31, 2023 (-1.4%), $638.67 million in the year ended Dec 31, 2022 (+24.1%) and $514.79 million in the year ended Dec 31, 2021 (+2.0%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Selling, General & Administrative since the quarter ended Jun 30, 2023.
- Year over year, Selling, General & Administrative gained in three of the last eight quarters, with an average decline of 1.3%.
- The high point for year-over-year Selling, General & Administrative in five years was the quarter ended Sep 30, 2022 (growth of 30.3%); the low point was the quarter ended Jun 30, 2024 (a decline of 23.8%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $125.27 million (quarter ended Mar 31, 2026), $126.88 million (quarter ended Dec 31, 2025) and $129.77 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 6.46 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 5.61 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 498.85 Mn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | -1.87 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 136.00 Mn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 935.00 Mn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 217.00 Mn |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | -345.00 Mn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 172.03 Mn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | 309.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 172.03 Mn |
| Mar 31, 2026 | 125.27 Mn |
| Dec 31, 2025 | 126.88 Mn |
| Sep 30, 2025 | 129.77 Mn |
| Jun 30, 2025 | 152.81 Mn |
| Mar 31, 2025 | 130.43 Mn |
| Dec 31, 2024 | 130.37 Mn |
| Sep 30, 2024 | 123.00 Mn |
| Jun 30, 2024 | 133.53 Mn |
| Mar 31, 2024 | 133.62 Mn |
| Dec 31, 2023 | 166.77 Mn |
| Sep 30, 2023 | 140.43 Mn |
| Jun 30, 2023 | 175.32 Mn |
| Mar 31, 2023 | 150.27 Mn |
| Dec 31, 2022 | 167.32 Mn |
| Sep 30, 2022 | 161.32 Mn |
| Jun 30, 2022 | 182.47 Mn |
| Mar 31, 2022 | 147.03 Mn |
| Dec 31, 2021 | 144.14 Mn |
| Sep 30, 2021 | 123.83 Mn |
Spotify Technology Selling, General & Administrative 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=selling-general-and-administrative&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();