Spotify Technology S.A annual capital expenditures (capex)
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Spotify Technology S.A Capital Expenditures (CapEx) Growth & History (SPOT)
Spotify Technology S.A's capital expenditures (capex) was €61.0M for fiscal 2025.
View full Spotify Technology S.A company overviewSpotify Technology S.A annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €61.0M | €44.0M | +258.82% |
| 2024 | 2024-12-31 | €17.0M | €11.0M | +183.33% |
| 2023 | 2023-12-31 | €6.0M | −€19.0M | −76.00% |
| 2022 | 2022-12-31 | €25.0M | −€60.0M | −70.59% |
| 2021 | 2021-12-31 | €85.0M | €7.0M | +8.97% |
| 2020 | 2020-12-31 | €78.0M | −€57.0M | −42.22% |
| 2019 | 2019-12-31 | €135.0M | €10.0M | +8.00% |
| 2018 | 2018-12-31 | €125.0M | €89.0M | +247.22% |
| 2017 | 2017-12-31 | €36.0M | €9.0M | +33.33% |
| 2016 | 2016-12-31 | €27.0M | — | — |
Spotify Technology S.A quarterly capital expenditures (capex)
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €20.0M | €10.0M | +100.00% |
| Q1 2026 | 2026-03-31 | €5.0M | — | — |
| Q4 2025 | 2025-12-31 | €22.0M | — | — |
| Q3 2025 | 2025-09-30 | €23.0M | — | — |
| Q2 2025 | 2025-06-30 | €10.0M | — | — |
Spotify Technology S.A capital expenditures (capex) trends
Over the last five fiscal years, Spotify Technology S.A's capital expenditures (capex) decreased from €78.0M to €61.0M, a change of −€17.0M. The latest reported quarter, Q2 2026, shows €20.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Spotify Technology S.A source filings ↗