Spotify Technology S.A.(SPOT) Stock Research - Grey Stern Research
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Spotify Technology S.A. (SPOT) Stock Analysis

$493.51 (-1.77%)

SPOT Financial Performance


Use the table below to view Spotify Technology S.A.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $493.51 -
52 Week Low $185.37 -
52 Week High $506.47 -
Market Cap $96.6 Billion 3/9
Gross Margin 31% 9/9
Profit Margin 8% 4/9
EBITDA margin 11% 4/9
Q3 - 2024 Revenue $4.4 Billion 4/9
Q3 - 2024 Earnings $329.7 Million 4/9
Q3 - 2024 Free Cash Flow $781.3 Million 4/9
Trailing 4 Quarters Revenue $16.6 Billion 4/9
Trailing 4 Quarters Earnings $771.9 Million 4/9
Quarterly Earnings Growth 362% 1/9
Annual Earnings Growth 981% 1/9
Quarterly Revenue Growth 19% 1/9
Annual Revenue Growth 350% 1/9
Cash On Hand $5.2 Billion 4/9
Short Term Debt $0 8/9
Long Term Debt $2.0 Billion 5/9

Spotify Technology S.A. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Spotify Technology S.A.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 125.16 1/9
PS 5.29 5/9
PB 18.98 1/9
PC 18.75 6/9
Liabilities to Equity 1.28 3/9
ROA 0.07 3/9
ROE 0.17 3/9
Current Ratio 1.78 7/9
Quick Ratio 1.03 4/9
Long Term Debt to Equity 0.39 2/9
Debt to Equity 0.39 2/9
Burn Rate -18.15 7/9
Cash to Cap 0.05 4/9
CCR 2.37 3/9
EV to EBITDA 236.30 2/9
EV to Revenue 6.21 4/9

Company Details

Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.

CEO: Mr. Daniel Ek

Website: https://www.spotify.com

Address: 42-44 Avenue de la Gare Luxembourg,

Exchange: New York Stock Exchange

Industry: Internet Content & Information

Spotify Technology S.A. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Spotify Technology S.A.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Snap Inc. SNAP $20.4 Billion
Baidu, Inc. BIDU $30.1 Billion
Zillow Group, Inc. Z $18.8 Billion
Alphabet Inc. GOOG $2.1 Trillion
Twilio Inc. TWLO $16.9 Billion
Fiverr International Ltd. FVRR $1.2 Billion
Pinterest, Inc. PINS $21.3 Billion
Meta Platforms, Inc. META $1.5 Trillion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
SPOT Income Statements
Quarter Year Revenue Earnings
Q3 2024 € 4.0 Billion €300.0 Million
Q2 2024 € 3.8 Billion €275.4 Million
Q1 2024 € 3.6 Billion €197.0 Million
Q4 2023 € 3.7 Billion -€70.0 Million
Q3 2023 € 3.4 Billion €65.0 Million
Q2 2023 € 0 €0
Q1 2023 € 3.0 Billion -€225.0 Million
Q4 2022 € 3.2 Billion -€270.0 Million

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SPOT Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 €4.7 Billion €10.6 Billion €1.8 Billion €4.6 Billion
Q2 2024 €4.1 Billion €10.2 Billion €1.8 Billion €4.3 Billion
Q1 2024 €3.5 Billion €9.1 Billion €1.8 Billion €3.3 Billion
Q4 2023 €3.1 Billion €8.3 Billion €1.7 Billion €2.5 Billion
Q3 2023 €2.6 Billion €7.6 Billion €1.7 Billion €2.1 Billion
Q2 2023 €2.8 Billion €7.3 Billion €1.7 Billion -€4.6 Billion
Q1 2023 €2.4 Billion €7.5 Billion €1.7 Billion €2.3 Billion
Q4 2022 €2.5 Billion €7.6 Billion €1.7 Billion €2.4 Billion

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SPOT Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 €711.0 Million -€4.0 Million €634.0 Million
Q2 2024 €502.0 Million -€1.9 Million €602.2 Million
Q1 2024 €206.0 Million -€5.0 Million €337.0 Million
Q4 2023 €396.0 Million -€1.0 Million €499.0 Million
Q3 2023 €210.0 Million -€1.0 Million €65.0 Million
Q2 2023 €11.0 Million -€2.0 Million €107.0 Million
Q1 2023 €57.0 Million -€2.0 Million -€40.0 Million
Q4 2022 -€75.0 Million -€5.0 Million -€368.0 Million

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