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) Shares outstanding
Spotify Technology's shares outstanding at the end of fiscal 2025 was $210.5M, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $208.6M. Over the past ten years it has ranged from $151.7M (fiscal 2017) to $210.5M (fiscal 2025) — the current reading is the highest in ten years. Spotify Technology ranks 21st of 66 Internet Content & Information companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $210.5M | 1.70% |
| FY2024 | $207.0M | 6.29% |
| FY2023 | $194.7M | (0.57%) |
| FY2022 | $195.8M | 0.98% |
| FY2021 | $193.9M | 3.39% |
| FY2020 | $187.6M | 3.66% |
| FY2019 | $181.0M | (0.14%) |
| FY2018 | $181.2M | 19.48% |
| FY2017 | $151.7M | (17.57%) |
| FY2016 | $184.0M | — |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Sep 2026 | $208.6M | (0.13%) |
| Jun 2026 | $208.9M | (0.20%) |
| Mar 2026 | $209.3M | (0.58%) |
| Dec 2025 | $210.5M | (1.53%) |
| 31 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| META Meta Platforms, Inc. compare | $2.6B |
| SNAP Snap Inc. compare | $1.7B |
| PINS Pinterest, Inc. compare | $582.7M |
| BIDU Baidu, Inc. compare | $344.4M |
| MTCH Match Group Inc. compare | $242.0M |
| ZG Zillow Group, Inc. compare | $225.3M |
| Z Zillow Group, Inc. compare | $225.3M |
| SPOT Spotify Technology | $208.6M |
| RDDT Reddit Inc. compare | $201.9M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
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