Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
460.02
+18.81 (4.26%)
At close: Jun 26, 2026, 4:00 PM EDT
460.48
+0.46 (0.10%)
After-hours: Jun 26, 2026, 7:52 PM EDT

Spotify Technology Statistics

Total Valuation

SPOT has a market cap or net worth of $94.59 billion. The enterprise value is $87.88 billion.

Market Cap 94.59B
Enterprise Value 87.88B

Important Dates

The next confirmed earnings date is Tuesday, August 4, 2026, before market open.

Earnings Date Aug 4, 2026
Ex-Dividend Date n/a

Share Statistics

SPOT has 205.62 million shares outstanding. The number of shares has increased by 0.80% in one year.

Current Share Class 205.62M
Shares Outstanding 205.62M
Shares Change (YoY) +0.80%
Shares Change (QoQ) -1.51%
Owned by Insiders (%) 15.43%
Owned by Institutions (%) 67.54%
Float 157.13M

Valuation Ratios

The trailing PE ratio is 30.96 and the forward PE ratio is 31.29. SPOT's PEG ratio is 1.05.

PE Ratio 30.96
Forward PE 31.29
PS Ratio 4.68
Forward PS 4.70
PB Ratio 10.24
P/TBV Ratio 11.92
P/FCF Ratio 26.19
P/OCF Ratio 25.40
PEG Ratio 1.05
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 31.16, with an EV/FCF ratio of 24.34.

EV / Earnings 28.15
EV / Sales 4.35
EV / EBITDA 31.16
EV / EBIT 31.71
EV / FCF 24.34

Financial Position

The company has a current ratio of 2.06, with a Debt / Equity ratio of 0.06.

Current Ratio 2.06
Quick Ratio 1.51
Debt / Equity 0.06
Debt / EBITDA 0.19
Debt / FCF 0.15
Interest Coverage 80.13

Financial Efficiency

Return on equity (ROE) is 37.99% and return on invested capital (ROIC) is 96.51%.

Return on Equity (ROE) 37.99%
Return on Assets (ROA) 11.64%
Return on Invested Capital (ROIC) 96.51%
Return on Capital Employed (ROCE) 28.48%
Weighted Average Cost of Capital (WACC) 12.75%
Revenue Per Employee $2.76M
Profits Per Employee $426,374
Employee Count 7,323
Asset Turnover 1.36
Inventory Turnover n/a

Taxes

In the past 12 months, SPOT has paid $144.13 million in taxes.

Income Tax 144.13M
Effective Tax Rate 4.41%

Stock Price Statistics

The stock price has decreased by -37.52% in the last 52 weeks. The beta is 1.55, so SPOT's price volatility has been higher than the market average.

Beta (5Y) 1.55
52-Week Price Change -37.52%
50-Day Moving Average 474.31
200-Day Moving Average 549.76
Relative Strength Index (RSI) 45.23
Average Volume (20 Days) 1,952,262

Short Selling Information

The latest short interest is 7.11 million, so 3.46% of the outstanding shares have been sold short.

Short Interest 7.11M
Short Previous Month 7.12M
Short % of Shares Out 3.46%
Short % of Float 4.52%
Short Ratio (days to cover) 2.75

Income Statement

In the last 12 months, SPOT had revenue of $20.21 billion and earned $3.12 billion in profits. Earnings per share was $14.86.

Revenue 20.21B
Gross Profit 6.53B
Operating Income 2.77B
Pretax Income 3.27B
Net Income 3.12B
EBITDA 2.82B
EBIT 2.77B
Earnings Per Share (EPS) $14.86
Full Income Statement

Balance Sheet

The company has $7.26 billion in cash and $548.83 million in debt, giving a net cash position of $6.71 billion or $32.62 per share.

Cash & Cash Equivalents 7.26B
Total Debt 548.83M
Net Cash 6.71B
Net Cash Per Share $32.62
Equity (Book Value) 9.24B
Book Value Per Share 44.92
Working Capital 5.73B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.72 billion and capital expenditures -$69.18 million, giving a free cash flow of $3.61 billion.

Operating Cash Flow 3.72B
Capital Expenditures -69.18M
Depreciation & Amortization 47.85M
Net Borrowing -1.57B
Free Cash Flow 3.61B
FCF Per Share $17.56
Full Cash Flow Statement

Margins

Gross margin is 32.32%, with operating and profit margins of 13.71% and 15.45%.

Gross Margin 32.32%
Operating Margin 13.71%
Pretax Margin 16.16%
Profit Margin 15.45%
EBITDA Margin 13.95%
EBIT Margin 13.71%
FCF Margin 17.87%

Dividends & Yields

SPOT does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.80%
Shareholder Yield -0.80%
Earnings Yield 3.30%
FCF Yield 3.82%
Dividend Details

Analyst Forecast

The average price target for SPOT is $595.35, which is 29.42% higher than the current price. The consensus rating is "Buy".

Price Target $595.35
Price Target Difference 29.42%
Analyst Consensus Buy
Analyst Count 40
Revenue Growth Forecast (3Y) 13.54%
EPS Growth Forecast (3Y) 22.92%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

SPOT has an Altman Z-Score of 15.24 and a Piotroski F-Score of 6.

Altman Z-Score 15.24
Piotroski F-Score 6