stockrowSpotify 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
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Spotify Technology (SPOT) Operating cash flow
Spotify Technology's operating cash flow for fiscal 2025 was $3.3B, up 33.3% from $2.5B in fiscal 2024. Over the twelve months to 30 September 2026 it was $3.6B. Over the past ten years it has ranged from $48.5M (fiscal 2022) to $3.3B (fiscal 2025) — the current reading is the highest in ten years. Operating cash flow has risen for 3 consecutive fiscal years. Spotify Technology ranks 4th of 68 Internet Content & Information companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $3.3B | 33.27% |
| FY2024 | $2.5B | 238.32% |
| FY2023 | $736.0M | 1,418.53% |
| FY2022 | $48.5M | (88.65%) |
| FY2021 | $427.1M | 44.36% |
| FY2020 | $295.9M | (53.90%) |
| FY2019 | $641.8M | 57.97% |
| FY2018 | $406.3M | 100.80% |
| FY2017 | $202.3M | 81.09% |
| FY2016 | $111.7M | — |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Sep 2026 | $832.4M | (11.66%) |
| Jun 2026 | $942.3M | (3.69%) |
| Mar 2026 | $978.5M | 9.87% |
| Dec 2025 | $890.6M | (11.92%) |
| 32 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| META Meta Platforms, Inc. compare | $133.1B |
| SPOT Spotify Technology | $3.6B |
| BIDU Baidu, Inc. compare | $3.6B |
| PINS Pinterest, Inc. compare | $1.3B |
| MTCH Match Group Inc. compare | $1.2B |
| RDDT Reddit Inc. compare | $1.2B |
| SNAP Snap Inc. compare | $983.1M |
| ZG Zillow Group, Inc. compare | $445.0M |
| Z Zillow Group, Inc. compare | $445.0M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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