Spotify Technology S.A. (SPOT)

Spotify Technology Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	5,938	5,258	4,781	3,114	2,483	2,744
Short-Term Investments	1,047	2,458	1,972	859	867	689
Cash & Short-Term Investments	6,985	7,716	6,753	3,973	3,350	3,433
Cash Growth	1.96%	14.26%	69.97%	18.60%	-2.42%	133.38%
Accounts Receivable	543	536	540	602	502	437
Other Receivables	329	382	259	276	193	189
Receivables	872	918	799	878	695	626
Prepaid Expenses	83	75	71	64	89	74
Other Current Assets	2,436	1,787	756	345	218	239
Total Current Assets	10,376	10,496	8,379	5,260	4,352	4,372
Property, Plant & Equipment	418	422	414	547	765	809
Long-Term Investments	1,118	2,181	1,635	1,215	1,138	916
Goodwill	1,110	1,083	1,201	1,137	1,168	894
Other Intangible Assets	25	29	40	71	108	58
Long-Term Accounts Receivable	71	69	74	-	-	-
Long-Term Deferred Tax Assets	563	662	186	28	8	13
Long-Term Deferred Charges	11	12	8	13	19	31
Other Long-Term Assets	56	61	68	75	78	77
Total Assets	13,748	15,015	12,005	8,346	7,636	7,170

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	888	783	933	662	588	534
Accrued Expenses	2,912	2,904	2,607	2,666	2,287	2,034
Current Portion of Long-Term Debt	-	1,458	-	-	-	-
Current Portion of Leases	62	65	75	65	58	44
Current Income Taxes Payable	171	72	33	12	11	23
Current Unearned Revenue	778	711	683	622	520	458
Other Current Liabilities	103	92	119	63	52	133
Total Current Liabilities	4,914	6,085	4,450	4,090	3,516	3,226
Long-Term Debt	-	-	1,539	1,203	1,128	1,202
Long-Term Leases	404	433	462	493	555	579
Long-Term Deferred Tax Liabilities	30	163	21	8	5	-
Other Long-Term Liabilities	15	5	8	29	31	44
Total Liabilities	5,363	6,686	6,480	5,823	5,235	5,051

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Additional Paid-In Capital	6,624	6,496	6,124	5,155	4,789	4,746
Retained Earnings	421	-832	-3,044	-4,182	-3,647	-3,220
Treasury Stock	-1,248	-701	-262	-262	-262	-260
Comprehensive Income & Other	2,588	3,366	2,707	1,812	1,521	853
Shareholders' Equity	8,385	8,329	5,525	2,523	2,401	2,119
Total Liabilities & Equity	13,748	15,015	12,005	8,346	7,636	7,170

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	466	1,956	2,076	1,761	1,741	1,825
Net Cash (Debt)	6,519	5,760	4,677	2,212	1,609	1,608
Net Cash Growth	48.13%	23.16%	111.44%	37.48%	0.06%	86.33%
Net Cash Per Share	31.07	27.36	22.60	11.36	8.22	8.29
Filing Date Shares Outstanding	205.58	205.83	203.84	197.14	193.29	192.15
Total Common Shares Outstanding	205.58	205.83	203.84	197.14	193.29	192.15
Working Capital	5,462	4,411	3,929	1,170	836	1,146
Book Value Per Share	40.79	40.46	27.10	12.80	12.42	11.03
Tangible Book Value	7,250	7,217	4,284	1,315	1,125	1,167
Tangible Book Value Per Share	35.27	35.06	21.02	6.67	5.82	6.07
Leasehold Improvements	345	348	394	444	448	422

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error