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Spotify Technology S.A. (SPOT) stock

SPOTNYSERadio Broadcasting StationsFiscal year ends December 31
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 10, 2026Score 11/30
$598.51−10.61 (-1.74%)

Close on Nov 12, 2026Market cap $123.19BP/E 51.1Yield –

Spotify Technology enterprise value

Enterprise value is market cap plus debt, minus cash: the value of the whole business to all its investors.

Spotify Technology's enterprise value was $123.99B on Nov 11, 2026, against $120.20B a year earlier. Over the last 5 years it ranged from $13.66B to $155.02B, with a median of $59.81B.

Enterprise Value at the end of each year

PeriodPeriod endValueChange
2026Nov 11, 2026$123.99B+6.5%
2025Dec 31, 2025$116.40B+35.0%
2024Dec 31, 2024$86.22B+147.6%
2023Dec 29, 2023$34.82B+154.9%
2022Dec 30, 2022$13.66B-67.9%
2021Dec 31, 2021$42.60B-23.4%
2020Dec 31, 2020$55.64B+113.2%
2019Dec 31, 2019$26.10B+56.6%
2018Dec 31, 2018$16.67B–

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