Spotify Technology (SPOT) Share-based Compensation (2017 - 2026)
Spotify Technology's Share-based Compensation came in at $100.09 million for Q3 2026, up 14.2% from $87.68 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Share-based Compensation (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Spotify Technology reported Share-based Compensation of $331.96 million, up 22.0% year-over-year; for FY2025, it came in at $287.52 million, up 0.8% from FY2024.
- Share-based Compensation carries a five-year compound annual growth rate of 7.4% (FY2020 to FY2025).
- Going back by year, Share-based Compensation was $285.31 million in FY2024 (-17.8%), $347.23 million in FY2023 (-13.5%), $401.56 million in FY2022 (+52.2%) and $263.9 million in FY2021 (+31.3%).
- The Q3 2026 figure represents the highest quarterly Share-based Compensation since Q2 2023.
- Year-over-year, Share-based Compensation has increased for five consecutive quarters, with growth averaging 17.1% over the last eight quarters.
- The fastest year-over-year change in Share-based Compensation over five years came in Q4 2022 (growth of 78.4%), and the weakest in Q4 2023 (a decline of 64.1%).
- Business Quant data shows SPOT's Share-based Compensation at $99.96 million (Q2 2026), $65.56 million (Q1 2026) and $66.35 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - | 8.63 Bn |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - | 7.36 Bn |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn | 134.00 Mn |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn | 437.00 Mn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn | 128.00 Mn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn | 550.00 Mn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn | 100.09 Mn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - | 140.00 Mn |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn | - |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn | 487.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 100.09 Mn |
| Jun 30, 2026 | 99.96 Mn |
| Mar 31, 2026 | 65.56 Mn |
| Dec 31, 2025 | 66.35 Mn |
| Sep 30, 2025 | 87.68 Mn |
| Jun 30, 2025 | 82.63 Mn |
| Mar 31, 2025 | 44.18 Mn |
| Dec 31, 2024 | 57.70 Mn |
| Sep 30, 2024 | 69.19 Mn |
| Jun 30, 2024 | 87.23 Mn |
| Mar 31, 2024 | 74.96 Mn |
| Dec 31, 2023 | 36.58 Mn |
| Sep 30, 2023 | 92.53 Mn |
| Jun 30, 2023 | 105.63 Mn |
| Mar 31, 2023 | 112.70 Mn |
| Dec 31, 2022 | 102.02 Mn |
| Sep 30, 2022 | 108.89 Mn |
| Jun 30, 2022 | 112.04 Mn |
| Mar 31, 2022 | 76.32 Mn |
| Dec 31, 2021 | 57.20 Mn |
API Access
Spotify Technology Share-based Compensation 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=share-based-compensation&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();