Spotify Technology SA (SPOT) — Free Cash Flow Generation Index
Spotify Technology SA (SPOT) has a Free Cash Flow Generation Index of 0.98x as of June 2026. Free cash flow of $796.00 Million represents 1% of operating cash flow ($816.00 Million). Explore Spotify Technology SA capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Spotify Technology SA Free Cash Flow Generation Index (2016–2025)
Historical FCF Generation Index trend for Spotify Technology SA across 10 annual periods. For the full cash flow conversion analysis, see Spotify Technology SA (SPOT) cash flow conversion.
Annual Free Cash Flow Generation for Spotify Technology SA (2016–2025)
Year-by-year Free Cash Flow Generation Index for Spotify Technology SA. Check Spotify Technology SA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.98x | $2.87 Billion | $2.93 Billion | $61.00 Million | ▼ -1.4% |
| 2024 | 0.99x | $2.28 Billion | $2.30 Billion | $17.00 Million | ▲ +0.1% |
| 2023 | 0.99x | $674.00 Million | $680.00 Million | $6.00 Million | ▲ +117.1% |
| 2022 | 0.46x | $21.00 Million | $46.00 Million | $25.00 Million | ▼ -40.3% |
| 2021 | 0.76x | $276.00 Million | $361.00 Million | $85.00 Million | ▲ +9.4% |
| 2020 | 0.70x | $181.00 Million | $259.00 Million | $78.00 Million | ▼ -8.6% |
| 2019 | 0.76x | $438.00 Million | $573.00 Million | $135.00 Million | ▲ +20.1% |
| 2018 | 0.64x | $219.00 Million | $344.00 Million | $125.00 Million | ▼ -14.3% |
| 2017 | 0.74x | $133.00 Million | $179.00 Million | $46.00 Million | ▲ +1.4% |
| 2016 | 0.73x | $74.00 Million | $101.00 Million | $27.00 Million | — |