Spotify Technology (SPOT) Shares Outstanding (Diluted Average) (2017 - 2026)

Spotify Technology's (SPOT) quarterly Shares Outstanding (Diluted Average) came in at $4039.1 in Q1 2026, up 258.86% year-on-year from $1125.5 in Q1 2025, and down 100.0% quarter-over-quarter from $245.0 million in Q4 2025.

Spotify Technology (SPOT) Shares Outstanding (Diluted Average) (2017 - 2026) Analysis & Trends

Spotify Technology has disclosed Shares Outstanding (Diluted Average) across 10 years of filings, most recently posting $4039.1 for Q1 2026.

  • Shares Outstanding (Diluted Average) for Q1 2026 came in at $4039.1, up 258.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $4039.1 (up 258.86% YoY), and the FY2025 annual result was $245.0 million, up 10.78% from the prior year.
  • Shares Outstanding (Diluted Average) came in at $4039.1 for Q1 2026 at Spotify Technology, down from $245.0 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $245.0 million in Q4 2025 to a low of $1053.8 in Q1 2024.
  • The 5-year median for Shares Outstanding (Diluted Average) is $209.0 million (2022), against an average of $152.9 million.
  • Across the five-year window, Shares Outstanding (Diluted Average) sank 100.0% in 2024 and soared 258.86% in 2026, its largest moves.
  • Spotify Technology's Shares Outstanding (Diluted Average) stood at $199.8 million in 2022, then gained by 4.86% to $209.5 million in 2023, then gained by 5.57% to $221.2 million in 2024, then climbed by 10.78% to $245.0 million in 2025, then plunged by 100.0% to $4039.1 in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $4039.1 (Q1 2026), $245.0 million (Q4 2025), and $5763.4 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Nebius 1,881,096.02 Bn 1,881,096.02 Bn 295.20 Mn -
2 Alphabet 4,296.11 Bn 4,080.50 Bn 102.29 Bn -
3 Meta Platforms 1,440.73 Bn 1,359.55 Bn 46.09 Bn 2.56 Bn
4 Spotify Technology 116.89 Bn 106.65 Bn 1.75 Bn 4,039.07
5 Reddit 33.24 Bn 30.47 Bn 511.94 Mn 202.52 Mn
6 Pinterest 13.72 Bn 12.42 Bn 768.96 Mn 636.59 Mn
7 Kanzhun 12.73 Bn 10.63 Bn 255.62 Bn 948.09 Mn
8 Snap 8.98 Bn 6.16 Bn 1.29 Bn 1.69 Bn
9 Match 8.04 Bn 7.02 Bn 653.28 Mn -
10 Zillow 7.69 Bn 6.91 Bn 519.00 Mn 239.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4,039.07
Dec 31, 2025 245.04 Mn
Sep 30, 2025 5,763.44
Jun 30, 2025 238.25 Mn
Mar 31, 2025 1,125.52
Dec 31, 2024 221.19 Mn
Sep 30, 2024 4,107.34
Jun 30, 2024 221.97 Mn
Mar 31, 2024 1,053.77
Dec 31, 2023 209.52 Mn
Sep 30, 2023 215.55 Mn
Jun 30, 2023 211.71 Mn
Mar 31, 2023 207.76 Mn
Dec 31, 2022 199.81 Mn
Sep 30, 2022 197.61 Mn
Jun 30, 2022 208.99 Mn
Mar 31, 2022 221.19 Mn
Dec 31, 2021 221.87 Mn
Sep 30, 2021 229.43 Mn
Jun 30, 2021 233.73 Mn