NYSE · SPOT
Spotify Technology financials
$493.87−0.73%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q4 '25 Dec 31 | Q4 '24 Dec 31 | Q4 '23 Dec 31 | Q4 '22 Dec 31 | Q4 '21 Dec 31 | Q4 '20 Dec 31 | Q4 '19 Dec 31 | Q4 '18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | — | — | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | — | — |
| Diluted EPS | — | — | — | — | — | — | — | — |
| EBITDA | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating cash flow | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| Diluted shares | 210.5M | 207.0M | 194.7M | 195.8M | 193.9M | 187.6M | 181.0M | 181.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $6.17B | $4.97B | $3.44B | $2.66B | $3.12B | $1.40B |
| Short-term investments | $4.94B | $2.78B | $1.22B | $930.0M | $859.7M | $725.9M |
| Total debt | $1.71B | $1.60B | $1.33B | $1.21B | $1.37B | $0.00 |
| Total assets | $17.62B | $12.49B | $9.23B | $8.19B | $8.15B | $7.70B |
| Total liabilities | $7.84B | $6.74B | $6.44B | $5.62B | $5.74B | $4.29B |
| Shareholders' equity | $9.77B | $5.75B | $2.79B | $2.58B | $2.41B | $3.42B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology