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

$612.63+14.12 (+2.36%)

Close on Nov 13, 2026Market cap $126.10BP/E 52.3Yield –

Spotify Technology price to sales ratio

The price-to-sales ratio is market cap divided by revenue over the trailing twelve months.

Spotify Technology's price to sales ratio was 6.7× on Nov 11, 2026, against 6.8× a year earlier. Over the last 5 years it ranged from 1.5× to 8.6×, with a median of 4.6×.

Price to Sales Ratio at the end of each year

Period	Period end	Value	Change (pts)
2026	Nov 11, 2026	6.7×	+0.2
2025	Dec 31, 2025	6.5×	+0.1
2024	Dec 31, 2024	6.4×	+3.6
2023	Dec 29, 2023	2.8×	+1.3
2022	Dec 30, 2022	1.5×	−3.4
2021	Dec 31, 2021	4.9×	−2.0
2020	Dec 31, 2020	6.9×	+2.3
2019	Dec 31, 2019	4.6×	+0.9
2018	Dec 31, 2018	3.7×	–

Where these numbers come from

Parsed from the XBRL in Spotify Technology's annual and quarterly filings with the SEC
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing