Investment Visual

SPOT

Spotify Technology S.A.

Stock

$472.89−18.51 (−3.77%)Close Oct 2, 2026

Capital expenditures, 2025: €61M
YoY, 2025: +258.8%
5-year CAGR: −4.8%

Capital expenditures

Capital expenditures by fiscal year

Period	Ended	Capex	YoY	Filing
2025	Dec 31, 2025	€61M	+258.8%	20-F, Feb 10, 2026
2024	Dec 31, 2024	€17M	+183.3%	20-F, Feb 5, 2025
2023	Dec 31, 2023	€6.0M	−76.0%	20-F, Feb 8, 2024
2022	Dec 31, 2022	€25M	−70.6%	20-F, Feb 2, 2023
2021	Dec 31, 2021	€85M	+9.0%	20-F, Feb 3, 2022
2020	Dec 31, 2020	€78M	−42.2%	20-F, Feb 5, 2021
2019	Dec 31, 2019	€135M	+8.0%	20-F, Feb 12, 2020
2018	Dec 31, 2018	€125M	+247.2%	20-F, Feb 12, 2019
2017	Dec 31, 2017	€36M	+33.3%	20-F, Feb 12, 2019
2016	Dec 31, 2016	€27M	—	20-F, Feb 12, 2019