Spotify Technology SA Free Cash Flow Generation Index

Latest as of June 2026: 0.98x

Spotify Technology SA 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).

FCF Generation Index

0.98x
Free Cash Flow / Operating CF

Free Cash Flow

$796.00 Million
USD

Operating Cash Flow

$816.00 Million
USD

Capital Expenditures

$20.00 Million
USD

Free Cash Flow Generation Index of Spotify Technology SA (2016–2025)

Free cash flow generation index of Spotify Technology SA from 2016 to 2025. Historical FCF Generation Index trend for Spotify Technology SA across 10 annual periods. See Spotify Technology SA financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Spotify Technology SA Free Cash Flow Generation Index by Year (2016–2025)

Spotify Technology SA free cash flow generation index by year from 2016 to 2025. Year-by-year Free Cash Flow Generation Index for Spotify Technology SA. For the full cash flow conversion analysis, see Spotify Technology SA operating cash flow efficiency.

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 —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).