Spotify Technology (SPOT) Total Non-Current Liabilities (2017 - 2025)
Spotify Technology (SPOT) posted Total Non-Current Liabilities of $5.9 billion for Q1 2026, up 748.28% sequentially from $699.6 million in Q4 2025, and down 11.86% YoY from $6.7 billion in Q1 2025.
Analysis
Spotify Technology (SPOT) Total Non-Current Liabilities (2017 - 2025) Analysis & Trends
Spotify Technology has reported Total Non-Current Liabilities for 10 years, with the latest figure at $5.9 billion in Q1 2026.
- Quarterly Total Non-Current Liabilities fell 11.86% year-over-year to $5.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.9 billion (down 11.86% YoY) and the FY2025 annual result came in at $699.6 million, down 67.75% from the prior year.
- Total Non-Current Liabilities improved to $5.9 billion in Q1 2026 per SPOT's latest filing, from $699.6 million in the prior quarter.
- Over five years, Total Non-Current Liabilities peaked at $8.0 billion in Q3 2025 and troughed at $699.6 million in Q4 2025.
- A 5-year average of $4.9 billion and a median of $5.7 billion in 2023 frame the typical range for Total Non-Current Liabilities.
- The sharpest annual moves came in 2023 and 2025: Total Non-Current Liabilities jumped 178.96% in 2023, then tumbled 67.75% in 2025.
- Over 5 years, Total Non-Current Liabilities stood at $1.8 billion in 2022, then grew by 6.32% to $1.9 billion in 2023, then advanced by 16.34% to $2.2 billion in 2024, then sank by 67.75% to $699.6 million in 2025, then jumped by 748.28% to $5.9 billion in 2026.
- According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $5.9 billion, $699.6 million, and $8.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 270.20 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 170.41 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | - |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 15.23 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 350.83 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 760.22 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 1.94 Bn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 1.81 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 3.92 Bn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 5.46 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 699.59 Mn |
| Dec 31, 2024 | 2.17 Bn |
| Sep 30, 2024 | 5.01 Bn |
| Jun 30, 2024 | 6.31 Bn |
| Mar 31, 2024 | 6.25 Bn |
| Dec 31, 2023 | 1.86 Bn |
| Sep 30, 2023 | 5.93 Bn |
| Mar 31, 2023 | 5.56 Bn |
| Dec 31, 2022 | 1.75 Bn |
| Mar 31, 2022 | 1.99 Bn |
| Dec 31, 2021 | 2.09 Bn |
| Sep 30, 2021 | 2.12 Bn |
| Jun 30, 2021 | 2.18 Bn |
| Mar 31, 2021 | 2.24 Bn |
| Dec 31, 2020 | 740.41 Mn |
| Sep 30, 2020 | 740.56 Mn |
| Jun 30, 2020 | 718.15 Mn |
| Mar 31, 2020 | 744.05 Mn |
| Dec 31, 2019 | 715.05 Mn |
| Sep 30, 2019 | 709.92 Mn |