Spotify Technology SA Tangible Net Worth Ratio

Latest as of June 2026: 99.6%

Spotify Technology SA tangible net worth ratio. Spotify Technology SA (SPOT) has a Tangible Net Worth Ratio of 99.6% as of June 2026. This metric is calculated by deducting intangible assets ($36.00 Million) from net assets ($8.38 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check strategic asset allocation of Spotify Technology SA to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

99.6%
Tangible equity / total equity

Net Assets (Equity)

$8.38 Billion
USD

Intangible Assets

$36.00 Million
Goodwill, patents, brand value

Total Assets

$13.75 Billion
USD

Tangible Net Worth Ratio of Spotify Technology SA (2015–2025)

Tangible net worth ratio of Spotify Technology SA from 2015 to 2025. This chart shows how Spotify Technology SA's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2025. As of June 2026, the ratio stands at 99.6%, reflecting net assets of $8.38 Billion with intangible assets of $36.00 Million USD. See SPOT current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Spotify Technology SA Tangible Net Worth Ratio by Year (2015–2025)

Spotify Technology SA tangible net worth ratio by year from 2015 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Spotify Technology SA from 2015 to 2025, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see SPOT market cap.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 99.5% $8.33 Billion $40.98 Million $15.01 Billion ▲ +0.4 pp
2024 99.1% $5.52 Billion $48.00 Million $12.00 Billion ▲ +2.5 pp
2023 96.7% $2.53 Billion $84.32 Million $8.38 Billion ▲ +2.0 pp
2022 94.7% $2.38 Billion $125.95 Million $7.57 Billion ▼ -1.1 pp
2021 95.8% $2.12 Billion $89.00 Million $7.17 Billion ▼ -0.7 pp
2020 96.5% $2.81 Billion $97.00 Million $6.33 Billion ▼ -0.6 pp
2019 97.2% $2.04 Billion $58.00 Million $5.12 Billion ▼ -1.5 pp
2018 98.7% $2.09 Billion $28.00 Million $4.34 Billion ▲ +0.9 pp
2017 97.7% $1.18 Billion $27.00 Million $3.11 Billion ▲ +1.2 pp
2015 96.5% $229.00 Million $8.00 Million $1.05 Billion —
pp = percentage points