Spotify Technology (SPOT) Total Non-Current Liabilities (2017 - 2025)
Spotify Technology's (SPOT) quarterly Total Non-Current Liabilities came in at $1.7 billion in Q4 2025, down 21.76% year-over-year from $2.2 billion in Q4 2024, and down 16.61% quarter-over-quarter from $2.0 billion in Q3 2025.
Analysis
Spotify Technology (SPOT) Total Non-Current Liabilities (2017 - 2025) Analysis & Trends
Spotify Technology has disclosed Total Non-Current Liabilities across 9 years of filings, most recently posting $1.7 billion for Q4 2025.
- In Q4 2025, Total Non-Current Liabilities fell 21.76% year-over-year to $1.7 billion; the TTM figure through Dec 2025 stood at $1.7 billion (down 21.76% YoY), while the FY2025 annual figure was $1.7 billion, down 21.76% from the prior year.
- Total Non-Current Liabilities came in at $1.7 billion for Q4 2025 at Spotify Technology, down from $2.0 billion in the prior quarter.
- In the past five years, Total Non-Current Liabilities ranged from a high of $6.3 billion in Q2 2024 to a low of $1.7 billion in Q4 2025.
- Average Total Non-Current Liabilities over 5 years is $3.4 billion, with a median of $2.2 billion recorded in 2021.
- Year-over-year, Total Non-Current Liabilities jumped 204.02% in 2021 and tumbled 72.17% in 2025.
- Over 5 years, Total Non-Current Liabilities stood at $2.1 billion in 2021, then retreated by 16.0% to $1.8 billion in 2022, then advanced by 6.32% to $1.9 billion in 2023, then rose by 16.34% to $2.2 billion in 2024, then decreased by 21.76% to $1.7 billion in 2025.
- Per Business Quant data, the three most recent Total Non-Current Liabilities figures were $1.7 billion in Q4 2025, $2.0 billion in Q3 2025, and $2.2 billion in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 25.59 Bn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | - |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | 1.94 Bn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | 1.43 Bn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | 1.67 Bn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | 9.66 Mn |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | - |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | 32.64 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | 24.06 Mn |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 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 |
| Sep 30, 2022 | 5.44 Bn |
| Jun 30, 2022 | 5.42 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 |