Spotify Technology

SPOT Communication Services Internet Content & Information

Spotify Technology’s revenue for fiscal 2025 (year ended December 2025) was $19.4 billion, up 14.6% from fiscal 2024.

Revenue
+14.5%
EPS
−43.1%
Free cash flow
−16.1%

Quarter to September 2026, against a year earlier

616.01 11.65 −1.86%
Market cap
$126.5B
P/E
36.8×
Fwd P/E
45.1×
Dividend yield
—
F-score
6/9
Altman Z
11.36
Beneish M
−2.56
Dividend safety
n/a

Spotify Technology (SPOT) Book value per share

Alert me on Book value per share

Spotify Technology's book value per share at the end of fiscal 2025 was 45.9×, up 53.9% from 29.8× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 48.9×. Over the past ten years it has ranged from −1.4× (fiscal 2016) to 45.9× (fiscal 2025) — the current reading is the highest in ten years. Spotify Technology ranks 7th of 68 Internet Content & Information companies by book value per share.

Book value per share, annual

Embed this chart

Annual newest first

Period Book value per share Change
FY2025 45.9× 53.94%
FY2024 29.8× 112.52%
FY2023 14.0× 6.95%
FY2022 13.1× 0.05%
FY2021 13.1× (23.28%)
FY2020 17.1× 35.49%
FY2019 12.6× (9.69%)
FY2018 14.0× 687.04%
FY2017 1.8× —
FY2016 −1.4× —

Quarterly newest first

Period Book value per share Change
Sep 2026 48.9× 3.23%
Jun 2026 47.4× 3.96%
Mar 2026 45.6× (0.66%)
Dec 2025 45.9× 3.91%
32 more quarters

Against its own ten years

Low −1.4× High 45.9×
Ten-year median 13.5×
Current reading's percentile 100

Book value per share against peers

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

More on SPOT