SPOT (Spotify Technology S.A.) financial statements and key performance indicators

Spotify Technology S.A.

SPOT

512.87 (4.97%) 25.47

Market cap

$105.44(B)

Earnings date

Oct-22-2026

Sector

Communication Services

Industry

Entertainment

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.

EV: $99.77(B)

Total Equity: $9.58(B)

Debt/Equity: 0.06

Dividend/share: $0.0

Div. yield: 0.00%

P/E: 27.68

Forward P/E: 36.74

P/FCF: 28.26

P/S: 5.10

P/B: 11.01

EPS: $18.5

EPS (fwd): $14.0

FCF/share: $18.1

Revenue/share: $100.5

Book value/share: $46.6

ROIC: 16.8%

ROA: 10.9%

ROE: 22.2%

Margins: Gross | Op. | Net

32.8% | 11.7% | 18.4%

0.0%of Portfolio

My holdings

Day change

Total change

Overview Valuation Growth Financials & KPIs Competitors & Peer Comparison Ownership Tools All

	Low	Avg	High	#
FY+1	13.0	14.0	15.7	27
FY+2	15.7	17.5	20.2	27
FY+3	19.4	22.4	25.0	16
FY+4	22.7	24.4	25.6	3
FY+5	29.9	29.9	29.9	1

Historical Financials (in USD)

Income(show more...)

Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomeOther Non-operating IncomePre-tax incomeIncome tax

Cash flow(show more...)

Stock-based Comp. FCFCFONet IncomeD&AChange in Working CapitalCFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures

Balance sheet(show more...)

Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesShort-Term DebtAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity

Per share data(show more...)

EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share

Ratios(show more...)

P/E P/S EV/EarningsP/FCFP/BDebt/EquityPayout ratio

Margins(show more...)

Net Income Margin Operating Margin Gross MarginEBITDA Margin

Returns(show more...)

ROIC ROAROCEROE

Shares outstanding(show more...)

Shares (Basic)Shares (Diluted)

Market Cap.(show more...)

Market Cap.

KPIs

Operating Expense Breakdown(show more...)

Research and Development Sales and Marketing General and Administrative

Users(show more...)

Ad-Supported Premium Total

Gross Margin By Segment(show more...)

Ad-Supported Premium Total

Revenue By Geography(show more...)

Other Countries United Kingdom United States Luxembourg

Revenue By Segment(show more...)

Ad-Supported Premium

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First Stage Duration: 5 Years

Starting Free Cash Flow
First Stage Growth Rate
Low Mid High
Terminal Growth Rate
Low Mid High
Discount Rate

Forecast years: 5 Years

Terminal Growth Rate
Low Mid High
Discount Rate

Forecast years: 5 Years

Exit FCF Multiple
Low Mid High
Discount Rate

Annual Dividend
First Stage Length (Years): 0 Years

First Stage Growth Rate
Low Mid High
Final Growth Rate
Low Mid High
Discount Rate

Forecast years: 5 Years

Starting EPS
EPS Growth Rate
Low Mid High
Final P/E
Low Mid High
Discount Rate

Market cap

Earnings date

Category

Sector

Industry

PEvaluation

Fair P/E

Margin of safety

EPS

Market Model

Economic moat: None/narrow

EPS Estimates

Analyst Price Targets

Analyst Recommendations

2-stage DCF

Discounted Cash Flow

Free cash flow estimates:

Discounted Cash Flow (exit mult.)