# Spotify Technology S.A. (SPOT)

> Communication Services · SE · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/SPOT/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 9.99B | $ 1.34B | $ 1.75B | $ 532.67M | $ 9.58B |
| 2025 | $ 17.60B | $ 2.26B | $ 2.94B | $ 2.32B | $ 8.33B |
| 2024 | $ 16.47B | $ 1.20B | $ 2.40B | $ 2.00B | $ 5.52B |
| 2023 | $ 14.32B | $ -575.23M | $ 728.76M | $ 1.70B | $ 2.53B |
| 2022 | $ 13.10B | $ -480.36M | $ 23.46M | $ 1.67B | $ 2.38B |
| 2021 | $ 11.49B | $ -40.41M | $ 328.07M | $ 1.79B | $ 2.13B |
| 2020 | $ 10.04B | $ -740.15M | $ 230.58M | $ 576.28M | $ 2.80B |
| 2019 | $ 8.73B | $ -240.08M | $ 565.35M | $ 614.95M | $ 2.01B |
| 2018 | $ 6.95B | $ -103.01M | $ 286.59M | $ 0 | $ 2.10B |
| 2017 | $ 5.51B | $ -1.66B | $ 185.90M | $ 969.50M | $ 244.17M |
| 2016 | $ 4.09B | $ -743.71M | N/A | N/A | N/A |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.06 |
| Liabilities / Eq | 0.64 |
| Current Ratio | 2.11 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 8.02 |
| Gross Debt / FCF | 0.52 |

## Other views

- [Metrics](https://sponda.capital/en/SPOT.md)
- [Charts](https://sponda.capital/en/SPOT/charts.md)
- [Compare](https://sponda.capital/en/SPOT/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.