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NYSE · Internet Content & Information · USD

Spotify Technology S.A. (SPOT) Stock Analysis

Spotify Technology S.A. (SPOT) is a Internet Content & Information stock listed on NYSE and quoted in US Dollar.

SPOT

$542.43

−$17.68 (−3.16%)

Sep 4, 2026 · Market close

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Price History

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SPOT Key Statistics

As of Sep 4, 2026
Trading
Open
$556.49
Previous Close
$560.11
Day's Range
540.81–563.65
52-Week Range
405.00–745.00
Volume
1.37M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.59
Valuation
Market Cap
$111.52B
P/E Ratio
29.42
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
30.07
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.58
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
6.16
EPS (ttm)Profit attributable to each share over the last twelve months.
18.44
Financials (FY)
Revenue (FY)
$17.19B+9.65%
Net Income (FY)
$2.21B+94.38%
Profit marginThe share of revenue left as profit after all costs and taxes.
18.43%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
205.58M
1-Year Return
−22.93%
Dividend and dates
Earnings Date
November 3, 2026estimated
Avg Volume
1.82M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

SPOT Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−6.59%
2025+29.80%
2024+138.08%
2023+138.01%
2022−66.27%
2021−25.62%
2020+110.40%
2019+31.76%
2018 (partial year)−23.83%

As of September 4, 2026.

SPOT Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$17.19B$2.21B12.9%
2024$15.67B$1.14B7.3%
2023$13.25B−$532.00M−4.0%
2022$11.73B−$430.00M−3.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$17.19B$5.50B$2.20B$2.21B12.9%
2024$15.67B$4.72B$1.37B$1.14B7.3%
2023$13.25B$3.40B−$446.00M−$532.00M−4.0%
2022$11.73B$2.93B−$659.00M−$430.00M−3.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

SPOT Valuation vs Internet Content & Information Median

Median of 76 stocks
MetricSPOTInternet Content & Information medianvs median
P/E29.4211.59154% above
P/S ratio6.160.877.1x the median
Profit margin18.43%0.00%18.4 pts above

Medians across 76 Internet Content & Information stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Spotify Technology S.A. (SPOT) is capitalised at $111.52B on the latest close. It is classified in the Internet Content & Information industry, within the Communication Services sector. The company reports 7,000 employees.

Over the past 52 weeks the price has ranged from $405.00 to $745.00. SPOT last closed at $542.43 on September 4, 2026. That is −$17.68 (−3.16%) against the previous close. The latest close sits 33.93% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $17.19B. That is +9.65% against the prior fiscal year, when revenue was $15.67B. The same year closed with net income of $2.21B. That is +94.38% against the prior fiscal year. Profit margin runs at 18.43%. That is 18.4 percentage points above the Internet Content & Information median of 0%. Trailing earnings per share are 18.44.

Across the 4 fiscal years on file, revenue moves from $11.73B in 2022 to $17.19B in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 29.42. That is 153.84% above the Internet Content & Information median of 11.59. On forward earnings the ratio is 30.07. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.58. Measured against sales, the shares trade at 6.16 times revenue. On price-to-sales that is 7.1 times the Internet Content & Information median of 0.87. 76 Internet Content & Information companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 1.59. Daily returns over the trailing 8 years annualize to a volatility of 47.49%. Over the trailing twelve months the price has returned −22.93%. Measured over 5 years, that is +16.85% a year compounded.

Growth & Income

The record shows no dividend for SPOT.

2026 is still running; the price is −6.59% year to date. Across the complete calendar years on file, 2024 returned +138.08% and 2022 returned −66.27%. Of the 7 complete calendar years on file, 5 finished higher.

Peer Comparison

Spotify Technology S.A. (SPOT) operates in the Internet Content & Information industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Spotify Technology S.A. SPOT $111.52B 29.4
Alphabet Inc. GOOGL $4.14T 17.0
Meta Platforms, Inc. META $1.57T 23.0
Nebius Group N.V. NBIS $61.55B —

The Internet Content & Information industry average P/E ratio is 11.6x. Spotify Technology S.A. trades at a P/E of 29.4.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Spotify Technology S.A.

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.

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