Spotify Technology (SPOT) Total Liabilities (2017 - 2026)
Spotify Technology (SPOT) posted Total Liabilities of $6.32 billion for Q3 2026, down 22.1% from $8.11 billion a year earlier but up 3.1% from the prior quarter.
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Analysis
Spotify Technology (SPOT) Total Liabilities (2017 - 2026) Analysis & Trends
At the end of FY2025, Spotify Technology's Total Liabilities came in at $7.85 billion, up 16.5% from FY2024.
- Annual Total Liabilities has increased for three consecutive years, with a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- In prior years, Spotify Technology's Total Liabilities was $6.74 billion in FY2024 (+4.6%), $6.45 billion in FY2023 (+15.5%), $5.58 billion in FY2022 (-2.4%) and $5.72 billion in FY2021 (+32.1%).
- Quarterly Total Liabilities has run from a low of $5.31 billion in Q3 2022 to a high of $8.11 billion in Q3 2025 over five years.
- On a year-over-year basis, Total Liabilities has declined in each of the last three quarters, with growth averaging 2.7% over the last eight quarters.
- The strongest year-over-year quarter for Total Liabilities in the past five years was Q4 2021, with growth of 32.1%; the weakest was Q2 2026, with a decline of 23.6%.
- According to Business Quant data, Total Liabilities for the three prior quarters was $6.13 billion (Q2 2026), $5.87 billion (Q1 2026) and $7.85 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - | 325.76 Bn |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - | 206.45 Bn |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn | 29.40 Bn |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn | 126.13 Bn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn | 1.79 Bn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn | 37.58 Bn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn | 6.32 Bn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - | 40.47 Bn |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn | 31.78 Bn |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn | 20.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.32 Bn |
| Jun 30, 2026 | 6.13 Bn |
| Mar 31, 2026 | 5.87 Bn |
| Dec 31, 2025 | 7.85 Bn |
| Sep 30, 2025 | 8.11 Bn |
| Jun 30, 2025 | 8.02 Bn |
| Mar 31, 2025 | 6.97 Bn |
| Dec 31, 2024 | 6.74 Bn |
| Sep 30, 2024 | 6.61 Bn |
| Jun 30, 2024 | 6.30 Bn |
| Mar 31, 2024 | 6.22 Bn |
| Dec 31, 2023 | 6.45 Bn |
| Sep 30, 2023 | 5.76 Bn |
| Jun 30, 2023 | 5.71 Bn |
| Mar 31, 2023 | 5.66 Bn |
| Dec 31, 2022 | 5.58 Bn |
| Sep 30, 2022 | 5.31 Bn |
| Jun 30, 2022 | 5.31 Bn |
| Mar 31, 2022 | 5.46 Bn |
| Dec 31, 2021 | 5.72 Bn |
API Access
Spotify Technology Total Liabilities 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=total-liabilities&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();