Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
490.60
+5.31 (1.09%)
At close: Feb 20, 2026, 4:00 PM EST
491.97
+1.37 (0.28%)
After-hours: Feb 20, 2026, 6:20 PM EST

Spotify Technology Statistics

Total Valuation

SPOT has a market cap or net worth of $100.98 billion. The enterprise value is $94.92 billion.

Market Cap100.98B
Enterprise Value 94.92B

Important Dates

The last earnings date was Tuesday, February 10, 2026, before market open.

Earnings Date Feb 10, 2026
Ex-Dividend Date n/a

Share Statistics

SPOT has 205.83 million shares outstanding. The number of shares has increased by 1.70% in one year.

Current Share Class 205.83M
Shares Outstanding 205.83M
Shares Change (YoY) +1.70%
Shares Change (QoQ) -0.61%
Owned by Insiders (%) 16.12%
Owned by Institutions (%) 66.46%
Float 155.84M

Valuation Ratios

The trailing PE ratio is 39.76 and the forward PE ratio is 31.84. SPOT's PEG ratio is 1.11.

PE Ratio 39.76
Forward PE 31.84
PS Ratio 5.04
Forward PS 5.07
PB Ratio 10.21
P/TBV Ratio 12.00
P/FCF Ratio 30.06
P/OCF Ratio 29.53
PEG Ratio 1.11
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 35.87, with an EV/FCF ratio of 28.06.

EV / Earnings 36.55
EV / Sales 4.70
EV / EBITDA 35.87
EV / EBIT 36.78
EV / FCF 28.06

Financial Position

The company has a current ratio of 1.72, with a Debt / Equity ratio of 0.23.

Current Ratio 1.72
Quick Ratio 1.42
Debt / Equity 0.23
Debt / EBITDA 0.85
Debt / FCF 0.68
Interest Coverage 70.90

Financial Efficiency

Return on equity (ROE) is 31.93% and return on invested capital (ROIC) is 85.53%.

Return on Equity (ROE) 31.93%
Return on Assets (ROA) 10.17%
Return on Invested Capital (ROIC) 85.53%
Return on Capital Employed (ROCE) 24.61%
Weighted Average Cost of Capital (WACC) 13.16%
Revenue Per Employee $2.76M
Profits Per Employee $354,658
Employee Count7,323
Asset Turnover 1.27
Inventory Turnover n/a

Taxes

In the past 12 months, SPOT has paid $14.09 million in taxes.

Income Tax 14.09M
Effective Tax Rate 0.54%

Stock Price Statistics

The stock price has decreased by -23.67% in the last 52 weeks. The beta is 1.67, so SPOT's price volatility has been higher than the market average.

Beta (5Y) 1.67
52-Week Price Change -23.67%
50-Day Moving Average 527.20
200-Day Moving Average 639.00
Relative Strength Index (RSI) 50.38
Average Volume (20 Days) 3,984,170

Short Selling Information

The latest short interest is 5.79 million, so 2.81% of the outstanding shares have been sold short.

Short Interest 5.79M
Short Previous Month 7.58M
Short % of Shares Out 2.81%
Short % of Float 3.71%
Short Ratio (days to cover) 2.40

Income Statement

In the last 12 months, SPOT had revenue of $20.18 billion and earned $2.60 billion in profits. Earnings per share was $12.34.

Revenue20.18B
Gross Profit 6.45B
Operating Income 2.58B
Pretax Income 2.61B
Net Income 2.60B
EBITDA 2.65B
EBIT 2.58B
Earnings Per Share (EPS) $12.34
Full Income Statement

Balance Sheet

The company has $9.06 billion in cash and $2.30 billion in debt, with a net cash position of $6.76 billion or $32.86 per share.

Cash & Cash Equivalents 9.06B
Total Debt 2.30B
Net Cash 6.76B
Net Cash Per Share $32.86
Equity (Book Value) 9.78B
Book Value Per Share 47.51
Working Capital 5.18B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.44 billion and capital expenditures -$71.62 million, giving a free cash flow of $3.38 billion.

Operating Cash Flow 3.44B
Capital Expenditures -71.62M
Free Cash Flow 3.38B
FCF Per Share $16.44
Full Cash Flow Statement

Margins

Gross margin is 31.98%, with operating and profit margins of 12.79% and 12.87%.

Gross Margin 31.98%
Operating Margin 12.79%
Pretax Margin 12.94%
Profit Margin 12.87%
EBITDA Margin 13.12%
EBIT Margin 12.79%
FCF Margin 16.77%

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 -1.70%
Shareholder Yield -1.70%
Earnings Yield 2.55%
FCF Yield 3.33%
Dividend Details

Analyst Forecast

The average price target for SPOT is $735.74, which is 49.97% higher than the current price. The consensus rating is "Strong Buy".

Price Target $735.74
Price Target Difference 49.97%
Analyst Consensus Strong Buy
Analyst Count 27
Revenue Growth Forecast (5Y) 12.81%
EPS Growth Forecast (5Y) 16.59%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

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 12.17 and a Piotroski F-Score of 5.

Altman Z-Score 12.17
Piotroski F-Score 5