Spotify Technology S.A. (SPOT) operating KPIs
SPOTNYSERadio Broadcasting StationsFiscal year ends December 31
$593.44+36.20 (+6.50%)
Close on Oct 30, 2026Market cap $122.15BP/E 50.4Yield –
Spotify Technology minimum guarantees for content (signed, total) (€M)
Mostly minimum royalty payments under label / publisher licences — jumps when major licences are renewed (e.g. Q3 2023, Q4 2024)
Latest, 2025
2,613
Period ended Dec 31, 2025
Change on a year earlier
-40.9%
4,420 in 2024
History
7 years
Since 2019
Sources
7
Documents cited below
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Minimum guarantees for content (signed, total) (€M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 2,613 | -40.9% | Spotify Form 20-F, filed 2026-02-10 ↗ |
| 2024 | Dec 31, 2024 | 4,420 | -5.3% | Spotify Form 20-F, filed 2025-02-05 ↗ |
| 2023 | Dec 31, 2023 | 4,665 | +231.1% | Spotify Form 20-F, filed 2024-02-08 ↗ |
| 2022 | Dec 31, 2022 | 1,409 | -57.0% | Spotify Form 20-F, filed 2023-02-02 ↗ |
| 2021 | Dec 31, 2021 | 3,279 | -8.3% | Spotify Form 20-F, filed 2022-02-03 ↗ |
| 2020 | Dec 31, 2020 | 3,576 | +243.8% | Spotify Form 20-F, filed 2021-02-05 ↗ |
| 2019 | Dec 31, 2019 | 1,040 | – | Spotify Form 20-F, filed 2020-02-12 ↗ |
Breakdown
What makes up minimum guarantees for content (signed, total)
Cite this data
StockData. (2026). Spotify Technology Minimum guarantees for content (signed, total) (€M), annual 2019–2025 [Data set]. Compiled from Spotify Technology SEC filings and investor materials. https://stockdatahq.com/stocks/spot/kpis/mg
See every metric in the Spotify Technology KPI table. Data updated Oct 23, 2026.