Spotify Technology (SPOT) Total Debt (2021 - 2026)
Spotify Technology (SPOT) posted Total Debt of -$1.5 billion for Q1 2026, down 189.95% sequentially from $1.7 billion in Q4 2025, and down 187.75% YoY from $1.7 billion in Q1 2025.
Spotify Technology (SPOT) Total Debt (2021 - 2026) Analysis & Trends
Spotify Technology has reported Total Debt for 6 years, with the latest figure at -$1.5 billion in Q1 2026.
- Quarterly Total Debt fell 187.75% year-over-year to -$1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.5 billion (down 187.75% YoY) and the FY2025 annual result came in at $1.7 billion, up 3.2% from the prior year.
- Total Debt fell to -$1.5 billion in Q1 2026 per SPOT's latest filing, from $1.7 billion in the prior quarter.
- Over five years, Total Debt peaked at $2.6 billion in Q4 2023 and troughed at -$1.5 billion in Q1 2026.
- A 5-year average of $1.4 billion and a median of $1.4 billion in 2024 frame the typical range for Total Debt.
- The sharpest annual moves came in 2025 and 2026: Total Debt soared 53.26% in 2025, then sank 187.75% in 2026.
- Over 5 years, Total Debt stood at $2.3 billion in 2022, then grew by 12.47% to $2.6 billion in 2023, then tumbled by 36.47% to $1.6 billion in 2024, then increased by 3.2% to $1.7 billion in 2025, then tumbled by 189.95% to -$1.5 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered -$1.5 billion, $1.7 billion, and $2.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,188.33 Bn | 3,759.29 Bn | 73.85 Bn | 98.17 Bn |
| 2 | Meta Platforms | 1,532.60 Bn | 1,442.34 Bn | 49.47 Bn | 83.66 Bn |
| 3 | Taboola.com | 1,134.31 Bn | 1,134.18 Bn | 139.48 Mn | 72.00 Mn |
| 4 | Baidu | 288.43 Bn | 283.93 Bn | 1.88 Mn | 8.95 Bn |
| 5 | Spotify Technology | 102.94 Bn | 92.70 Bn | 1.75 Bn | -1.53 Bn |
| 6 | Joyy | 77.35 Bn | 76.46 Bn | 205.64 Mn | 10.67 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.00 Bn | 39.37 Bn | 295.20 Mn | 8.45 Bn |
| 9 | 30.30 Bn | 27.51 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 27.04 Bn | 24.34 Bn | 514.00 Mn | 158.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.53 Bn |
| Dec 31, 2025 | 1.70 Bn |
| Sep 30, 2025 | 2.04 Bn |
| Jun 30, 2025 | 2.18 Bn |
| Mar 31, 2025 | 1.74 Bn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.42 Bn |
| Mar 31, 2024 | 1.38 Bn |
| Dec 31, 2023 | 2.59 Bn |
| Sep 30, 2023 | 1.32 Bn |
| Jun 30, 2023 | 1.27 Bn |
| Mar 31, 2023 | 1.24 Bn |
| Dec 31, 2022 | 2.30 Bn |
| Sep 30, 2022 | 1.21 Bn |
| Jun 30, 2022 | 1.20 Bn |
| Mar 31, 2022 | 1.29 Bn |
| Dec 31, 2021 | 2.75 Bn |
| Sep 30, 2021 | 3,433.50 Bn |
| Jun 30, 2021 | 1.44 Bn |