Spotify Technology SA
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segme… Read more
Market Cap & Net Worth: Spotify Technology SA (SPOT)
Spotify Technology SA (NYSE:SPOT) has a market capitalization of $108.14 Billion ($108.14 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #248 globally and #197 in its home market, demonstrating a -3.61% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Spotify Technology SA's stock price $525.23 by its total outstanding shares 205894015 (205.89 Million).
Spotify Technology SA Market Cap History: 2018 to 2026
Spotify Technology SA's market capitalization history from 2018 to 2026. Data shows growth from $23.37 Billion to $108.14 Billion (17.15% CAGR).
Spotify Technology SA Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Spotify Technology SA's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
5.88x
Spotify Technology SA's market cap is 5.88 times its annual revenue
0.91x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
80.94x
Spotify Technology SA's market cap is 80.94 times its annual earnings
4.57x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $23.37 Billion | $5.26 Billion | -$78.00 Million | 4.44x | N/A |
| 2019 | $30.79 Billion | $6.76 Billion | -$186.00 Million | 4.55x | N/A |
| 2020 | $64.79 Billion | $7.88 Billion | -$581.00 Million | 8.22x | N/A |
| 2021 | $48.19 Billion | $9.67 Billion | -$34.00 Million | 4.98x | N/A |
| 2022 | $16.26 Billion | $11.73 Billion | -$430.00 Million | 1.39x | N/A |
| 2023 | $38.69 Billion | $13.25 Billion | -$532.00 Million | 2.92x | N/A |
| 2024 | $92.11 Billion | $15.67 Billion | $1.14 Billion | 5.88x | 80.94x |
Competitor Companies of SPOT by Market Capitalization
Companies near Spotify Technology SA in the global market cap rankings as of March 18, 2026.
Key companies related to Spotify Technology SA by market ranking:
- Alphabet Inc. Cl A (SN:GOOGL): Ranked #3 globally with a market cap of $3.55 Trillion USD.
- Alphabet Inc Class A (NASDAQ:GOOGL): Ranked #4 globally with a market cap of $3.37 Trillion USD.
- Alphabet Inc Class A CEDEAR (BA:GOOGL): Ranked #257 globally with a market cap of $79.67 Billion USD ( AR$82.87 Trillion ARS).
- Recruit Holdings Co Ltd (PINK:RCRRF): Ranked #384 globally with a market cap of $56.82 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #3 | Alphabet Inc. Cl A | SN:GOOGL | $3.55 Trillion | $333.02 |
| #4 | Alphabet Inc Class A | NASDAQ:GOOGL | $3.37 Trillion | $310.92 |
| #257 | Alphabet Inc Class A CEDEAR | BA:GOOGL | $79.67 Billion | AR$7650.00 |
| #384 | Recruit Holdings Co Ltd | PINK:RCRRF | $56.82 Billion | $56.91 |
Spotify Technology SA Historical Marketcap From 2018 to 2026
Between 2018 and today, Spotify Technology SA's market cap moved from $23.37 Billion to $ 108.14 Billion, with a yearly change of 17.15%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $108.14 Billion | -9.55% |
| 2025 | $119.56 Billion | +29.80% |
| 2024 | $92.11 Billion | +138.08% |
| 2023 | $38.69 Billion | +138.01% |
| 2022 | $16.26 Billion | -66.27% |
| 2021 | $48.19 Billion | -25.62% |
| 2020 | $64.79 Billion | +110.40% |
| 2019 | $30.79 Billion | +31.76% |
| 2018 | $23.37 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Spotify Technology SA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $108.14 Billion USD |
| MoneyControl | $108.14 Billion USD |
| MarketWatch | $108.14 Billion USD |
| marketcap.company | $108.14 Billion USD |
| Reuters | $108.14 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.