Spotify/$SPOT
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Spotify
Spotify is the leading global music streaming service, with over 800 million monthly active users and more than 300 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from subscribers, who pay a monthly fee to access a music library that includes most of the most popular songs ever recorded, including all from the major record labels. The firm also offers access to audiobooks and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog, but cannot customize a similar on-demand experience.
- Ticker
- $SPOT
- Sector
- Consumer Discretionary
- Primary listing
- NYSE
- Employees
- 7,000
- Headquarters
- Stockholm, Sweden
- Website
- www.spotify.com
Spotify Metrics
BasicAdvanced
$118B
35.65
$16.05
1.61
-
Price and volume
Market cap
$118B
Beta
1.61
52-week high
$673.16
52-week low
$405.00
Average daily volume
1.7M
Financial strength
Current ratio
2.129
Quick ratio
2.1
Long term debt to equity
0.045
Total debt to equity
0.052
Interest coverage (TTM)
101.59%
Profitability
EBITDA (TTM)
3,089.854
Gross margin (TTM)
33.12%
Net profit margin (TTM)
15.73%
Operating margin (TTM)
14.58%
Effective tax rate (TTM)
12.56%
Revenue per employee (TTM)
$3,003,860
Management effectiveness
Return on assets (TTM)
11.82%
Return on equity (TTM)
35.81%
Valuation
Price to earnings (TTM)
35.652
Price to revenue (TTM)
5.606
Price to book
13.46
Price to tangible book (TTM)
15.49
Price to free cash flow (TTM)
33.007
Free cash flow yield (TTM)
3.03%
Free cash flow per share (TTM)
17.34
Growth
Revenue change (TTM)
11.32%
Earnings per share change (TTM)
115.13%
3-year revenue growth (CAGR)
13.86%
3-year earnings per share growth (CAGR)
55.33%
What the Analysts think about Spotify
Analyst ratings (Buy, Hold, Sell) for Spotify stock.
Analyst projections of the future price of Spotify stock.
Bulls say / Bears say
Premium subscribers rose 9% year on year to 306 million in Q3, and Spotify expects to add about 10 million more in Q4. That gives the company a growing base for subscription revenue. (Spotify)
Audiobooks offer a new route to reach listeners and earn revenue: Spotify plans to expand access to more than 180 markets, while its Audiobooks+ add-on has passed $100 million in annual recurring revenue. Wider availability could build on that existing business. (Spotify)
User growth was softer than forecasts in the near term: monthly active users rose only 1% sequentially in Q3, and Spotify’s Q4 forecast was slightly below analysts’ estimate. Q3 revenue and earnings per share also missed consensus. (Reuters)
Spotify’s filing says a royalty dispute could leave it owing about €473 million for past periods if the claim succeeds completely, plus penalties and interest that it cannot estimate. The potential liability is partly offset by direct publisher agreements. (SEC)
Major-label minimum payments are rising, which could limit gross-margin growth if Spotify cannot keep raising subscription prices. StoneX argues that previous price rises have largely absorbed those costs and that margin expansion may therefore fall short of market expectations. (Tradingpedia)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
Spotify Financial Performance
Revenues and expenses
Spotify Earnings Performance
Company profitability
Upcoming events
No upcoming events
Spotify News
AllArticlesVideos
Funds containing Spotify
AllEURUSD
Fund name | Fund size | $SPOT weighting |
|---|---|---|
Xtrackers MSCI Nordic£XDN0 | €1.1B | 5.88% |
iShares Digitalisation£DGIT | $813M | 2.91% |
iShares Digitalisation$DGTL | $761M | 2.91% |
SPDR MSCI World Telecommunications€WTEL | $97M | 1.95% |
iShares AI Adopters and Applications£AIAA | $188M | 1.75% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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