Investment Visual

SPOT

Spotify Technology S.A.

Stock

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

Free cash flow, 2025: €2.9B
YoY, 2025: +25.7%
5-year CAGR: +73.8%

Free cash flow

Free cash flow by fiscal year

Period	Ended	Free cash flow	YoY	Filing
2025	Dec 31, 2025	€2.9B	+25.7%	20-F, Feb 10, 2026
2024	Dec 31, 2024	€2.3B	+238.9%	20-F, Feb 5, 2025
2023	Dec 31, 2023	€674M	+3,109.5%	20-F, Feb 8, 2024
2022	Dec 31, 2022	€21M	−92.4%	20-F, Feb 2, 2023
2021	Dec 31, 2021	€276M	+52.5%	20-F, Feb 3, 2022
2020	Dec 31, 2020	€181M	−58.7%	20-F, Feb 5, 2021
2019	Dec 31, 2019	€438M	+100.0%	20-F, Feb 12, 2020
2018	Dec 31, 2018	€219M	+53.1%	20-F, Feb 12, 2019
2017	Dec 31, 2017	€143M	+93.2%	20-F, Feb 12, 2019
2016	Dec 31, 2016	€74M	—	20-F, Feb 12, 2019