Spotify Technology SA (NYSE:SPOT) — Market Cap & Net Worth
Market Cap & Net Worth: Spotify Technology SA (SPOT)
Spotify Technology SA (NYSE:SPOT) has a market capitalization of $100.00 Billion ($100.00 Billion) as of August 4, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #255 globally and #131 in its home market, demonstrating a 0.76% increase 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 $486.33 by its total outstanding shares 205620061 (205.62 Million). See SPOT capex to operating cash flow ratio to understand how much of operating cash flow is reinvested back into capital assets.
Spotify Technology SA Market Cap History: 2018 to 2026
Spotify Technology SA's market capitalization history from 2018 to 2026. Data shows growth from $23.34 Billion to $100.00 Billion (15.24% 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
6.95x
Spotify Technology SA's market cap is 6.95 times its annual revenue
Latest Price to Earnings (P/E) Ratio
53.98x
Spotify Technology SA's market cap is 53.98 times its annual earnings
What 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 | $23.34 Billion | $5.26 Billion | -$78.00 Million | 4.44x | N/A |
| 2019 | $30.75 Billion | $6.76 Billion | -$186.00 Million | 4.55x | N/A |
| 2020 | $64.70 Billion | $7.88 Billion | -$581.00 Million | 8.21x | N/A |
| 2021 | $48.12 Billion | $9.67 Billion | -$34.00 Million | 4.98x | N/A |
| 2022 | $16.23 Billion | $11.73 Billion | -$430.00 Million | 1.38x | N/A |
| 2023 | $38.64 Billion | $13.25 Billion | -$532.00 Million | 2.92x | N/A |
| 2024 | $91.99 Billion | $15.67 Billion | $1.14 Billion | 5.87x | 80.84x |
| 2025 | $119.41 Billion | $17.19 Billion | $2.21 Billion | 6.95x | 53.98x |
Competitor Companies of SPOT by Market Capitalization
Companies near Spotify Technology SA in the global market cap rankings as of August 4, 2026.
Key companies related to Spotify Technology SA by market ranking:
- Alphabet Inc Class A (NASDAQ:GOOGL): Ranked #5 globally with a market cap of $2.19 Trillion USD.
- Alphabet Inc Class C (NASDAQ:GOOG): Ranked #6 globally with a market cap of $2.05 Trillion USD.
- Nebius Group N.V. (NASDAQ:NBIS): Ranked #601 globally with a market cap of $44.95 Billion USD.
- Meta Platforms Inc. (SA:M1TA34): Ranked #9 globally with a market cap of $1.41 Trillion USD ( R$7.20 Trillion BRL).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #5 | Alphabet Inc Class A | NASDAQ:GOOGL | $2.19 Trillion | $373.51 |
| #6 | Alphabet Inc Class C | NASDAQ:GOOG | $2.05 Trillion | $372.47 |
| #601 | Nebius Group N.V. | NASDAQ:NBIS | $44.95 Billion | $212.58 |
| #9 | Meta Platforms Inc. | SA:M1TA34 | $1.41 Trillion | R$117.63 |
Spotify Technology SA Historical Marketcap From 2018 to 2026
Between 2018 and today, Spotify Technology SA's market cap moved from $23.34 Billion to $ 100.00 Billion, with a yearly change of 15.24%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $100.00 Billion | -16.25% |
| 2025 | $119.41 Billion | +29.80% |
| 2024 | $91.99 Billion | +138.08% |
| 2023 | $38.64 Billion | +138.01% |
| 2022 | $16.23 Billion | -66.27% |
| 2021 | $48.12 Billion | -25.62% |
| 2020 | $64.70 Billion | +110.40% |
| 2019 | $30.75 Billion | +31.76% |
| 2018 | $23.34 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 4th, 2026 the market cap of Spotify Technology SA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $100.00 Billion USD |
| MoneyControl | $100.00 Billion USD |
| MarketWatch | $100.00 Billion USD |
| marketcap.company | $100.00 Billion USD |
| Reuters | $100.00 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Spotify Technology SA
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end … Read more