Spotify Technology (SPOT) Shares Outstanding (Diluted) (2017 - 2026)
Spotify Technology (SPOT) recorded Weighted Average Shares Outstanding (Diluted) of 210.51 million in Q3 2026, up 1.7% from 206.99 million a year earlier and unchanged from the prior quarter.
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Analysis
Spotify Technology (SPOT) Shares Outstanding (Diluted) (2017 - 2026) Analysis & Trends
Starting with Q1 2017, Spotify Technology's Weighted Average Shares Outstanding (Diluted) history includes 39 quarters.
- Annual Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- Across earlier years, Weighted Average Shares Outstanding (Diluted) came in at 206.99 million in FY2024 (+6.3%), 194.73 million in FY2023 (-0.6%), 195.85 million in FY2022 (+1.0%) and 193.94 million in FY2021 (+3.4%).
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has increased for four consecutive quarters, with growth averaging 1.6% over the last eight quarters.
- Peak year-over-year performance for Weighted Average Shares Outstanding (Diluted) in the last five years was growth of 6.3% in Q4 2024, against a decline of 0.6% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 210.51 million (Q2 2026), 210.51 million (Q1 2026) and 210.51 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,397.54 Bn | 3,081.41 Bn | - | 12.31 Bn |
| 2 | Meta Platforms | 1,544.80 Bn | 1,544.80 Bn | - | 2.57 Bn |
| 3 | Netflix | 257.58 Bn | 218.88 Bn | 6.80 Bn | 4.20 Bn |
| 4 | Alibaba Group Holding | 235.79 Bn | 49.43 Bn | 15.16 Bn | 2.40 Bn |
| 5 | Shopify | 199.87 Bn | 177.05 Bn | 1.71 Bn | 1.30 Bn |
| 6 | Uber Technologies | 135.55 Bn | 107.35 Bn | 6.38 Bn | 2.05 Bn |
| 7 | Spotify Technology | 121.90 Bn | 78.82 Bn | 1.89 Bn | 210.51 Mn |
| 8 | Booking Holdings | 117.90 Bn | 50.95 Bn | - | 770.00 Mn |
| 9 | PDD Holdings | 114.43 Bn | -129.62 Bn | 9.48 Bn | 1.48 Bn |
| 10 | Airbnb | 101.59 Bn | 54.82 Bn | 2.98 Bn | 597.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 210.51 Mn |
| Jun 30, 2026 | 210.51 Mn |
| Mar 31, 2026 | 210.51 Mn |
| Dec 31, 2025 | 210.51 Mn |
| Sep 30, 2025 | 206.99 Mn |
| Jun 30, 2025 | 206.99 Mn |
| Mar 31, 2025 | 206.99 Mn |
| Dec 31, 2024 | 206.99 Mn |
| Sep 30, 2024 | 206.99 Mn |
| Jun 30, 2024 | 206.99 Mn |
| Mar 31, 2024 | 206.99 Mn |
| Dec 31, 2023 | 194.73 Mn |
| Sep 30, 2023 | 194.73 Mn |
| Jun 30, 2023 | 194.73 Mn |
| Mar 31, 2023 | 194.73 Mn |
| Dec 31, 2022 | 195.85 Mn |
| Sep 30, 2022 | 193.94 Mn |
| Jun 30, 2022 | 193.94 Mn |
| Mar 31, 2022 | 193.94 Mn |
| Dec 31, 2021 | 193.94 Mn |
API Access
Spotify Technology Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();