🇺🇸 US Stock Screener ← Switch market ★ Elite Club ⚡ HerAI

Spotify Technology S.A. SPOT AI

Communication Services · Internet Content & Information · Sweden
https://www.spotify.com
Company Profile ↓
$485.38
-32.35% 1Y
Mkt Cap$99.80B
P/E33.09
P/B11.07
52W High$738.53
52W Low$412.75
Book Value$44.36
EPS (TTM)$14.67

Company Overview

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 38.0%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 24.6%.

Steady Revenue Expansion

Revenue has grown at a 13.6% CAGR over the past five years.

Healthy Margins

Maintains a net profit margin of 15.4%.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.06.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $17.19B (+9.7% YoY); net profit $2.21B.
  • Trailing 12 Months Year-on-year growth — revenue +8.2%, earnings +222.4%.
  • 5-Year Trend Long-term compounding — revenue CAGR 13.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:13.59%
1 Year:8.20%

Compounded Profit Growth

5 Years:-
1 Year:222.40%

Stock Price Performance

1 Year:-32.35%
6 Months:-8.42%
3 Months:-5.08%
1 Month:+0.70%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI AI Consumer
Core Focus

AI DJ, AI playlists, AI audiobook recs; Wondery podcast + creator AI tools.

Key Initiatives
  • AI DJ & personalisation Spotify's AI DJ and recommendation engine personalise music/podcast discovery, deepening engagement and retention.
  • AI-driven discovery & ads Machine learning powers playlists, recommendations and ad targeting across a huge user base.
  • AI content tools AI features (e.g., voice translation for podcasts) expand content reach.
Why Investors Should Care
  • AI personalisation drives engagement on the leading audio platform; net margin ~15%, ROE ~38%.
  • Improving profitability and pricing power as scale builds.
  • AI-driven discovery strengthens the content flywheel.
  • Music-label economics and competition cap margin upside.
AI InvestmentML personalization + GPU compute.
AI RevenueIndirect via retention + premium uplift.
ROI (Now)Operating margin inflected positive.
ROI (Expected)AI-driven engagement to support pricing.

Curated from public filings and analyst commentary; figures are illustrative.

⚙Ad space

Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 38.0%.
  • Healthy ROCE of 24.6%.
  • Compounding revenue at 13.6% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 34.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

⚙Ad space

Valuation

Stock P/E
33.09
Industry PE
22.47
Forward P/E
26.92
PEG Ratio
1.65
Book Value
$44.36
Price to Book
11.07
P/S
5.76
EV/EBITDA
38.06
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
13.59%
Profit 5Y
-
Revenue (YoY)
8.20%
Earnings (YoY)
222.40%

Profitability & Returns

ROCE
24.61%
ROE
37.99%
ROA
11.64%
Profit Margin
15.45%
Op Margin
15.77%
Gross Margin
32.32%
EPS (Latest Qtr)
$3.45
EPS (TTM)
$14.67

Balance Sheet & Liquidity

Debt/Equity
0.06
Quick Ratio
1.51
Current Ratio
2.06
Debt
$476.00M
Total Assets
$13.13B
Current Assets
$9.66B
Working Capital
$4.41B

Ownership

Promoter Holding
23.45%
Chg in Prom Hold
-0.00%
FII / Inst Holding
68.83%
Chg in FII Hold
-0.13%

Financial Snapshot

Enterprise Value
$99.80B
Total Revenue (TTM)
$17.53B
EBITDA
$2.45B
Free Cash Flow
$707.75M
Operating Cash Flow
$3.23B
Shares Outstanding
205.62M
Gross Margin
32.32%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Communication Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SPOT Spotify Technology S.A. AI 485.38 33.09 $99.80B 0.00% 24.61% 37.99% 13.59% -
2 GOOGL Alphabet Inc. NDXSPXAI 370.92 28.27 $2.18T 0.24% 26.20% 38.88% 17.96% 21.53%
3 META Meta Platforms, Inc. NDXSPXAI 681.31 24.77 $1.50T 0.32% 25.69% 32.93% 36.10% 35.91%
4 NFLX Netflix, Inc. NDXSPXAI 73.68 23.77 $310.25B 0.00% 29.87% 48.49% 22.30% 32.79%
5 TMUS T-Mobile US, Inc. NDXSPX 187.62 19.94 $203.04B 2.18% 9.39% 18.02% 22.63% 28.77%
6 VZ Verizon Communications Inc. SPX 42.83 10.45 $178.84B 6.65% 8.59% 17.20% 0.33% -6.86%
7 DIS The Walt Disney Company SPX 97.15 15.54 $168.70B 1.56% 10.74% 11.01% 6.96% 4.12%
8 T AT&T Inc. SPX 21.43 7.22 $148.90B 5.22% 6.59% 18.37% 0.31% 3.44%
9 APP AppLovin Corporation NDXSPXAI 452.73 39.33 $138.41B 0.00% 70.20% - 24.84% 609.87%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 4.19B4.19B4.27B4.53B4.53B
Cost of Revenue 2.86B2.87B2.92B3.03B3.04B
Gross Profit 1.33B1.32B1.35B1.50B1.50B
Operating Expenses 817.00M914.00M769.00M798.00M780.00M
Operating Income 509.00M406.00M582.00M701.00M715.00M
EBITDA 363.00M82.00M859.00M1.05B970.00M
Interest Expense 8.00M8.00M8.00M7.00M7.00M
Pretax Income 328.00M48.00M827.00M1.02B937.00M
Tax Provision 103.00M134.00M-72.00M-153.00M216.00M
Net Income 225.00M-86.00M899.00M1.17B721.00M
Diluted EPS 1.07-0.423.284.433.45

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -11.73B13.25B15.67B17.19B
Cost of Revenue -8.80B9.85B10.95B11.69B
Gross Profit -2.93B3.40B4.72B5.50B
Operating Expenses -3.58B3.84B3.36B3.30B
Operating Income --659.00M-446.00M1.36B2.20B
EBITDA --158.00M-309.00M1.50B2.36B
Interest Expense -41.00M38.00M36.00M31.00M
Pretax Income --370.00M-505.00M1.34B2.22B
Tax Provision -60.00M27.00M203.00M12.00M
Net Income --430.00M-532.00M1.14B2.21B
Diluted EPS --2.93-2.735.5010.51

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -7.64B8.35B12.01B15.02B
Current Assets -4.35B5.26B8.38B10.50B
Cash & Equivalents -2.48B3.11B4.78B5.26B
Inventory -----
Receivables -502.00M602.00M540.00M536.00M
Total Liabilities -5.24B5.82B6.48B6.69B
Current Liabilities -3.52B4.09B4.45B6.08B
Long Term Debt 1.20B1.13B1.20B1.54B-
Total Debt -1.68B1.70B2.08B1.96B
Total Equity -2.40B2.52B5.53B8.33B
Shares Outstanding -196.86M201.34M207.48M209.49M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -46.00M680.00M2.30B2.93B
Investing Cash Flow --423.00M-217.00M-1.49B-1.78B
Financing Cash Flow --40.00M234.00M729.00M-381.00M
Capital Expenditure --25.00M-6.00M-17.00M-61.00M
Free Cash Flow -21.00M674.00M2.28B2.87B
Net Change in Cash --417.00M697.00M1.54B767.00M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -25.0%25.6%30.1%32.0%
Operating Margin % --5.6%-3.4%8.7%12.8%
Net Margin % --3.7%-4.0%7.3%12.9%
ROE % --17.9%-21.1%20.6%26.6%
ROCE % --16.0%-10.5%18.1%24.6%

Shareholding Pattern

Insiders
23.45%
Institutions
68.83%
Public Float
89.91%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 5.53% 11.38M $5.59B
2 Morgan Stanley 4.07% 8.38M $4.12B
3 BAILLIE GIFFORD & CO 3.99% 8.22M $4.04B
4 State Street Corporation 2.30% 4.73M $2.32B
5 Price (T.Rowe) Associates Inc 2.24% 4.60M $2.26B
6 Wellington Management Group, LLP 1.61% 3.32M $1.63B
7 Jennison Associates LLC 1.35% 2.78M $1.36B
8 Fisher Asset Management, LLC 1.26% 2.59M $1.27B
9 WCM Investment Management, LLC 1.17% 2.42M $1.19B
10 Massachusetts Financial Services Co. 1.00% 2.06M $1.01B

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for SPOT

Google News Fri, 10 Jul 2026

Spotify (SPOT) Stock Could Be 35% Undervalued Despite Fraud Stream Removals - Yahoo Finance

<a href="https://news.google.com/rss/articles/CBMilwFBVV95cUxQNzUxbzA3aDZtVXMtRmtoaGRhRklaRzY5Z2ZxTHdBZURzclp4aFdMSk5iNmZDblNoZHpxRU5JRkp1eldCS0FhVFBCWl9Pa3REdHlkaS1PbmFkSFoyVmFaaUhKRHBEdk5xekg4SmhiQnlIRUNydk9TNTIzTE1kdnl2YlQxeTk4bTF0SEFBdV…

Google News Mon, 13 Jul 2026

SPOT Stock Sees Best Day In Three Months After Launching Several AI Tools, Including One To Rival Google's NotebookLM - Stocktwits

<a href="https://news.google.com/rss/articles/CBMijgJBVV95cUxQWjAxQU9ocE1Pbm1MZGdkUWtURzFFNWN5djR1d0FvellFWE92U2hDM29lMUJNa0Z5dWh6bEZvT0RBQldyUXVXWmV6eFhiMUJualppMmQ5Z3RSTFJuME93dTF3S0xZX3NhcDR4eDRuTDMtc3ZQT3JsY3pHRFphRWZ4bVBUZmE1czNiR3Vnd2…

Google News Wed, 15 Jul 2026

56,031 Shares in Spotify Technology $SPOT Acquired by State of Michigan Retirement System - MarketBeat

<a href="https://news.google.com/rss/articles/CBMi4gFBVV95cUxQYUpyYVBqaW5hLWMtdW43UFE4OUxkc0pvb1JBOEdCSzFQTmVYYVNfeEZXVzM1bDIwRnJURTI3ci14V2hja2hVVnhBTTJ1eGgtb1ZsVmQ3WmRzV08tOGtyaklQQmlMS21UajVjZm84LWZkRWxueXBoT1dYUUF0aXBPa0lfa1lKYzVNaW9aVT…

Google News Wed, 15 Jul 2026

New Zealand Shares Flat; Air New Zealand Loses Top Spot as Most Widely Held Stock on Sharesies - Moomoo

<a href="https://news.google.com/rss/articles/CBMiywFBVV95cUxQWlZlV0stVzNZdHZGTm1oLVY2aXlhOERRYnNzaDNSNkM4RDhMQUpsSWh6T3N5ZU1aa3M1T01MVWFGdUpRUmVyVmpmYUg0cktJbEd0bTlkQ0RsajhJRDdPZ1B5Y2wyOHRsQjJXSV9JLTVSSWZCdldVTGVwZy10UGc1b3hNQVo1UzRUT3BONj…

Google News Fri, 10 Jul 2026

Spotify (SPOT) Stock Could Be 35% Undervalued On Streaming Fraud News - simplywall.st

<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxNNDBfQWNSM1B0VzlMby1GNDZaNkN3QWphazlycmNVMl92Q3J5M1IwZzlHczhOb05ldk5VTzNMMEsybGdGMDVOV3dKMWQyMy1ILXMwQXE2ZnZvMTNaMTdnenpSSVAxUWR5N2RLcnJtN2ItV1pPTDhkVmFSX1JRM1hPSWNzTXlQNmIxSHE3TV…

Google News Fri, 10 Jul 2026

Spotify (SPOT) Stock Falls Amid Market Uptick: What Investors Need to Know - Yahoo Finance

<a href="https://news.google.com/rss/articles/CBMimgFBVV95cUxQUTNsZlMtck9ia2hMencxRzAtNFB5cnN6Y0ZFVmIwUmZSVXU3Z25CYmxmeUlSTVFPcTRiZTUzQTVyNnRJNkdkQ3QtYlYybzJqVWNoaW9aRGhNbjNRV0RjN0VPYWVKWmlkZlVYUFNVSmptZlFQV2hCTUVndzZreExEZ2hfalBYUUxQZXBlVj…

SPOT — Frequently Asked Questions

What is the current share price of Spotify Technology S.A. (SPOT)?

As of 2026-07-15 16:51 PDT, Spotify Technology S.A. (SPOT) trades at $485.38 on NYSE. Its 52-week range is $412.75 to $738.53.

What is the market capitalisation of SPOT?

Spotify Technology S.A. (SPOT) has a market capitalisation of $99.80B on NYSE.

What is the P/E ratio of SPOT?

SPOT trades at a trailing price-to-earnings (P/E) ratio of 33.09. The industry average P/E is 22.47. Its price-to-book (P/B) ratio is 11.07.

What is the return on equity (ROE) of SPOT?

SPOT has a return on equity (ROE) of 37.99%. Its return on capital employed (ROCE) is 24.61%.

Is SPOT a good stock to buy?

This page provides a data-driven analysis of Spotify Technology S.A. (SPOT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Explore More

📊 Communication Services Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All USA Stocks
⚙Ad space