Spotify Technology SPOT

NYSE SPOT
$509.77 -19.08 (-3.61%)
At close: Sep 18, 2026 · 4:00 PM EDT
Key Stats
Market Cap104.93 Bn
P/E26.88
P/S4.97
Div. Yield0.00
Total Debt (Qtr)25.57 Mn
Revenue Growth (1y) (Qtr)16.99
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About

Spotify Technology S. A. is a global audio streaming subscription service that provides music podcasts and audiobooks to users worldwide. The company streams over 100 million music tracks and millions of podcast titles through its platform in 184 countries and territories. It operates a digital audio streaming business that allows users to listen on demand across devices such as smartphones tablets computers smart speakers and game consoles. Spotify Technology S. A.…

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Sector: Technology Sector rationale Spotify's primary revenue is generated through a digital streaming platform providing on-demand audio content, which falls under the 'Streaming' and 'Digital Advertising' industries within the Technology sector. A secondary sector of Communication Services is justified because the company also operates as a distributor of traditional media content (music and podcasts) and sells advertising through a model similar to traditional media broadcasting. Industries: Streaming Streaming Primary Spotify operates a global audio streaming subscription service providing music, podcasts, and audiobooks to users. It generates revenue through monthly Premium subscription fees and advertising sales for its Ad Supported service. Digital Advertising Digital Advertising Secondary The company sells display, audio, and video advertising impressions to brands, agencies, and automated exchanges to monetize its Ad Supported segment. Classified using BQ-MICS CIK: 0001639920

Geographical areas [axis] Breakdown of Revenue (2025)

Segments [axis] Breakdown of Revenue (2025)

Peer group

Peer Comparison

Companies in the Streaming
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S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 GOOG Alphabet Inc. 4,184.93 Bn17.149.3998.17 Bn
2 META Meta Platforms, Inc. 1,696.33 Bn24.867.4383.66 Bn
3 NFLX Netflix Inc 298.93 Bn22.036.1816.79 Bn
4 BABA Alibaba Group Holding Ltd 263.05 Bn24.971.7512.72 Bn
5 SHOP Shopify Inc. 166.44 Bn86.3312.54-
6 UBER Uber Technologies, Inc 143.82 Bn14.752.6016.72 Bn
7 BKNG Booking Holdings Inc. 126.16 Bn17.894.4720.18 Bn
8 PDD PDD Holdings Inc. 112.31 Bn8.201.730.19 Bn