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 non-cancelable purchase obligations (cloud, content, marketing) (€M)
Includes the Google Cloud Platform service agreement
Latest, 2025
1,575
Period ended Dec 31, 2025
Change on a year earlier
-6.6%
1,687 in 2024
History
6 years
Since 2020
Sources
6
Documents cited below
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Non-cancelable purchase obligations (cloud, content, marketing) (€M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 1,575 | -6.6% | Spotify Form 20-F, filed 2026-02-10 ↗ |
| 2024 | Dec 31, 2024 | 1,687 | -11.4% | Spotify Form 20-F, filed 2025-02-05 ↗ |
| 2023 | Dec 31, 2023 | 1,905 | +107.7% | Spotify Form 20-F, filed 2024-02-08 ↗ |
| 2022 | Dec 31, 2022 | 917 | +15.1% | Spotify Form 20-F, filed 2023-02-02 ↗ |
| 2021 | Dec 31, 2021 | 797 | -11.2% | Spotify Form 20-F, filed 2022-02-03 ↗ |
| 2020 | Dec 31, 2020 | 898 | – | Spotify Form 20-F, filed 2021-02-05 ↗ |
Breakdown
What makes up non-cancelable purchase obligations (cloud, content, marketing)
Cite this data
StockData. (2026). Spotify Technology Non-cancelable purchase obligations (cloud, content, marketing) (€M), annual 2020–2025 [Data set]. Compiled from Spotify Technology SEC filings and investor materials. https://stockdatahq.com/stocks/spot/kpis/po
See every metric in the Spotify Technology KPI table. Data updated Oct 23, 2026.