Spotify Technology SA (SPOT) — Financial Flexibility Index

Latest as of June 2026: 0.16x

Spotify Technology SA (SPOT) has a Financial Flexibility Index of 0.16x as of June 2026. Free cash flow of $836.00 Million (operating CF $816.00 Million minus capex $20.00 Million) represents 0% of total liabilities ($5.36 Billion). Check Spotify Technology SA total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.16x
Free Cash Flow / Total Liabilities

Free Cash Flow

$836.00 Million
Operating CF − Capex

Total Liabilities

$5.36 Billion
USD

Capital Expenditures

$20.00 Million
USD

Spotify Technology SA Financial Flexibility Index (2015–2025)

Historical Financial Flexibility Index trend for Spotify Technology SA across 11 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Spotify Technology SA.

Annual Financial Flexibility Index for Spotify Technology SA (2015–2025)

Year-by-year free cash flow to debt coverage for Spotify Technology SA. Explore SPOT cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.45x $2.99 Billion $2.93 Billion $6.68 Billion ▲ +25.3%
2024 0.36x $2.32 Billion $2.30 Billion $6.48 Billion ▲ +204.8%
2023 0.12x $686.00 Million $680.00 Million $5.85 Billion ▲ +758.2%
2022 0.01x $71.00 Million $46.00 Million $5.19 Billion ▼ -84.5%
2021 0.09x $446.00 Million $361.00 Million $5.05 Billion ▼ -7.7%
2020 0.10x $337.00 Million $259.00 Million $3.52 Billion ▼ -58.3%
2019 0.23x $708.00 Million $573.00 Million $3.08 Billion ▲ +9.7%
2018 0.21x $469.00 Million $344.00 Million $2.24 Billion ▲ +79.0%
2017 0.12x $225.00 Million $179.00 Million $1.93 Billion ▲ +114.8%
2016 0.05x $128.00 Million $101.00 Million $2.35 Billion ▲ +306.7%
2015 0.01x $11.00 Million $-38.00 Million $822.00 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities