Spotify Technology SA (SPOT) — Free Cash Flow Generation Index
Spotify Technology SA (SPOT) has a Free Cash Flow Generation Index of 0.99x as of March 2026. Free cash flow of $844.67 Million represents 1% of operating cash flow ($849.75 Million). See Spotify Technology SA short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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. Explore SPOT operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Spotify Technology SA (2016–2025)
Year-by-year Free Cash Flow Generation Index for Spotify Technology SA. For the full company profile including market capitalisation, see how much is Spotify Technology SA worth.
| 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 | — |