Spotify Technology SA (SPOT) — Cash Flow Reinvestment Rate
Spotify Technology SA (SPOT) has a Cash Flow Reinvestment Rate of 0.09x as of June 2026, reinvesting $70.00 Million (capex $20.00 Million plus investments $50.00 Million) from operating cash flow of $816.00 Million. See Spotify Technology SA (SPOT) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Spotify Technology SA Cash Flow Reinvestment Rate (2016–2025)
Historical reinvestment intensity for Spotify Technology SA across 10 annual periods. For the full cash flow conversion analysis, see Spotify Technology SA cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Spotify Technology SA (2016–2025)
Year-by-year capital reinvestment analysis for Spotify Technology SA. See Spotify Technology SA (SPOT) flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.61x | $1.79 Billion | $2.93 Billion | $61.00 Million | ▼ -6.7% |
| 2024 | 0.65x | $1.50 Billion | $2.30 Billion | $17.00 Million | ▲ +39.2% |
| 2023 | 0.47x | $319.00 Million | $680.00 Million | $6.00 Million | ▼ -95.2% |
| 2022 | 9.74x | $448.00 Million | $46.00 Million | $25.00 Million | ▲ +1192.6% |
| 2021 | 0.75x | $272.00 Million | $361.00 Million | $85.00 Million | ▼ -56.6% |
| 2020 | 1.74x | $450.00 Million | $259.00 Million | $78.00 Million | ▲ +182.0% |
| 2019 | 0.62x | $353.00 Million | $573.00 Million | $135.00 Million | ▼ -24.8% |
| 2018 | 0.82x | $282.00 Million | $344.00 Million | $125.00 Million | ▼ -69.5% |
| 2017 | 2.69x | $481.00 Million | $179.00 Million | $46.00 Million | ▼ -68.2% |
| 2016 | 8.46x | $854.00 Million | $101.00 Million | $27.00 Million | — |