Spotify Technology S.A. (SPOT) stock
Close on Nov 11, 2026Market cap $125.38BP/E 52.0Yield –
Spotify Technology S.A. grew revenue 9.7% to €17.19B over fiscal 2025. Operating income rose 61.0% to €2.20B, moving the operating margin from 8.7% to 12.8%. Free cash flow was €2.87B, up 25.7% from a year earlier. At the latest close the market valued the company at €112.41B, 52.0 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over fiscal 2025, balances at Dec 31, 2025
Valuation
- Market cap
- €112.41B
- P/E ratio
- 52.0
- Price to sales
- 6.54
- Price to book
- 13.50
- Dividend yield
- –
- Free cash flow yield
- 2.56%
Fundamentals
- Revenue
- €17.19B
- Net income
- €2.21B
- EPS, diluted
- 10.51 EUR
- Free cash flow
- €2.87B
Trading
- Previous close
- $606.22
- Open
- $599.99
- Day's range
- $596.02 – $609.16
- Volume
- 1,048,143
- Average volume (20 days)
- 1,962,044
- Beta (5 years)
- 1.30
- RSI (14 days)
- 63.2
- Volatility (1 year)
- 47.1%
- Relative volume
- 0.61×
- WACC
- 11.4%
Market cap history
Month-end market cap since 2018, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | SPOT | S&P 500 | Difference | SPOT per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +15.1% | -2.4% | +17.5 pts | ||
| 3 months | +21.6% | -1.2% | +22.7 pts | ||
| Year to date | +4.9% | +12.3% | −7.4 pts | ||
| 1 year | -4.8% | +12.4% | −17.2 pts | ||
| 3 years | +256.3% | +78.8% | +177.4 pts | +52.7% | +21.4% |
| 5 years | +120.2% | +75.2% | +45.0 pts | +17.1% | +11.9% |
Eleven years at a glance
Fiscal years 2015 to 2025, EUR
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Spotify Technology filed with the SEC as exhibits to Form 8-K or 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
About Spotify Technology
Radio Broadcasting Stations
Spotify Technology S.A. operates a global audio streaming platform offering on-demand access to music, podcasts, and audiobooks. The company operates through two core segments: Premium and Ad-Supported. The Premium segment provides subscribers with ad-free, online and offline access to its audio and video catalog, lossless streaming, and monthly audiobook listening time across various subscription tiers. The Ad-Supported segment offers users free access financed through display, audio, and video advertisements. Spotify serves individual listeners globally, content creators and publishers through specialized tools and monetization programs, and brand advertisers via direct agreements and programmatic marketplaces.
Company profile, executives and historySpotify Technology stock: common questions
What is Spotify Technology's stock price?
SPOT closed at $609.12 on Nov 11, 2026, up 0.48% on the day.
What is Spotify Technology's market cap?
Spotify Technology was worth $125.38B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is SPOT's P/E ratio?
SPOT trades at 52.0 times earnings, based on diluted earnings per share of 10.51 EUR over fiscal 2025.
How much revenue does Spotify Technology make?
Spotify Technology reported revenue of €17.19B for fiscal 2025, up 9.7% from a year earlier.
Does Spotify Technology pay a dividend?
No. Spotify Technology has not paid a cash dividend over the last twelve months.
How has SPOT stock performed over the past year?
Including dividends, SPOT returned -4.8% over the past year, against +12.4% for the S&P 500.
Who are Spotify Technology's competitors?
Companies most similar to Spotify Technology by business, industry and size include SIRI, IHRT, TME, FOXA, SKYD.
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