SPOT
Spotify Technology S.A.
Stock
$472.89−18.51 (−3.77%)Close Oct 2, 2026
Cash flow statement
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | €2.9B | €2.3B | €680M | €46M | €361M | €259M | €573M | €344M | €179M | €101M |
| Capital expenditures | €61M | €17M | €6.0M | €25M | €85M | €78M | €135M | €125M | €36M | €27M |
| Free cash flow | €2.9B | €2.3B | €674M | €21M | €276M | €181M | €438M | €219M | €143M | €74M |
| Stock-based compensation | €247M | €267M | €321M | €381M | €223M | €176M | €122M | €88M | €65M | €53M |
| Buybacks | €439M | €0 | €0 | €2.0M | €89M | €0 | €438M | €72M | €0 | €0 |
| Dividends paid | — | — | — | — | — | — | €0 | €0 | — | — |
| Free cash flow margin | 16.7% | 14.6% | 5.1% | 0.2% | 2.9% | 2.3% | 6.5% | 4.2% | 3.5% | 2.5% |