Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
441.59
-3.42 (-0.77%)
At close: May 19, 2026, 4:00 PM EDT
442.00
+0.41 (0.09%)
After-hours: May 19, 2026, 7:58 PM EDT

Spotify Technology Statistics

Total Valuation

SPOT has a market cap or net worth of $90.80 billion. The enterprise value is $84.09 billion.

Market Cap90.80B
Enterprise Value 84.09B

Important Dates

The last earnings date was Tuesday, April 28, 2026, before market open.

Earnings Date Apr 28, 2026
Ex-Dividend Date n/a

Share Statistics

SPOT has 205.62 million shares outstanding. The number of shares has increased by 0.80% in one year.

Current Share Class 205.62M
Shares Outstanding 205.62M
Shares Change (YoY) +0.80%
Shares Change (QoQ) -1.51%
Owned by Insiders (%) 15.76%
Owned by Institutions (%) 69.61%
Float 156.44M

Valuation Ratios

The trailing PE ratio is 29.72 and the forward PE ratio is 29.14. SPOT's PEG ratio is 0.97.

PE Ratio 29.72
Forward PE 29.14
PS Ratio 4.49
Forward PS 4.42
PB Ratio 9.83
P/TBV Ratio 11.44
P/FCF Ratio 24.68
P/OCF Ratio 24.38
PEG Ratio 0.97
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 29.82, with an EV/FCF ratio of 22.86.

EV / Earnings 26.93
EV / Sales 4.16
EV / EBITDA 29.82
EV / EBIT 30.34
EV / FCF 22.86

Financial Position

The company has a current ratio of 2.06, with a Debt / Equity ratio of 0.06.

Current Ratio 2.06
Quick Ratio 1.51
Debt / Equity 0.06
Debt / EBITDA 0.19
Debt / FCF 0.15
Interest Coverage 80.13

Financial Efficiency

Return on equity (ROE) is 37.99% and return on invested capital (ROIC) is 96.51%.

Return on Equity (ROE) 37.99%
Return on Assets (ROA) 11.64%
Return on Invested Capital (ROIC) 96.51%
Return on Capital Employed (ROCE) 28.48%
Weighted Average Cost of Capital (WACC) 12.76%
Revenue Per Employee $2.76M
Profits Per Employee $426,374
Employee Count7,323
Asset Turnover 1.36
Inventory Turnover n/a

Taxes

In the past 12 months, SPOT has paid $144.13 million in taxes.

Income Tax 144.13M
Effective Tax Rate 4.41%

Stock Price Statistics

The stock price has decreased by -32.72% in the last 52 weeks. The beta is 1.55, so SPOT's price volatility has been higher than the market average.

Beta (5Y) 1.55
52-Week Price Change -32.72%
50-Day Moving Average 479.73
200-Day Moving Average 577.21
Relative Strength Index (RSI) 43.32
Average Volume (20 Days) 2,479,165

Short Selling Information

The latest short interest is 7.12 million, so 3.46% of the outstanding shares have been sold short.

Short Interest 7.12M
Short Previous Month 6.52M
Short % of Shares Out 3.46%
Short % of Float 4.55%
Short Ratio (days to cover) 3.56

Income Statement

In the last 12 months, SPOT had revenue of $20.21 billion and earned $3.12 billion in profits. Earnings per share was $14.86.

Revenue20.21B
Gross Profit 6.53B
Operating Income 2.77B
Pretax Income 3.27B
Net Income 3.12B
EBITDA 2.82B
EBIT 2.77B
Earnings Per Share (EPS) $14.86
Full Income Statement

Balance Sheet

The company has $7.26 billion in cash and $548.83 million in debt, with a net cash position of $6.71 billion or $32.62 per share.

Cash & Cash Equivalents 7.26B
Total Debt 548.83M
Net Cash 6.71B
Net Cash Per Share $32.62
Equity (Book Value) 9.24B
Book Value Per Share 44.92
Working Capital 5.73B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.72 billion and capital expenditures -$69.18 million, giving a free cash flow of $3.68 billion.

Operating Cash Flow 3.72B
Capital Expenditures -69.18M
Depreciation & Amortization 48.75M
Net Borrowing -1.60B
Free Cash Flow 3.68B
FCF Per Share $17.89
Full Cash Flow Statement

Margins

Gross margin is 32.32%, with operating and profit margins of 13.71% and 15.45%.

Gross Margin 32.32%
Operating Margin 13.71%
Pretax Margin 16.16%
Profit Margin 15.45%
EBITDA Margin 13.95%
EBIT Margin 13.71%
FCF Margin 18.20%

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 -0.80%
Shareholder Yield -0.80%
Earnings Yield 3.44%
FCF Yield 4.05%
Dividend Details

Analyst Forecast

The average price target for SPOT is $588.91, which is 33.36% higher than the current price. The consensus rating is "Buy".

Price Target $588.91
Price Target Difference 33.36%
Analyst Consensus Buy
Analyst Count 41
Revenue Growth Forecast (5Y) 11.75%
EPS Growth Forecast (5Y) 15.05%
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 15.24 and a Piotroski F-Score of 6.

Altman Z-Score 15.24
Piotroski F-Score 6