Spotify Technology S.A annual free cash flow
2016
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2021
2022
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2024
2025
Spotify Technology S.A Free Cash Flow (FCF) History (SPOT)
Spotify Technology S.A reported €2.87B in free cash flow for fiscal 2025, an increase of 25.74% from the previous fiscal year, with a free cash flow margin of 16.71%.
View full Spotify Technology S.A company overviewSpotify Technology S.A free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | €2.87B | €588.0M | +25.74% | +16.71% |
| 2024 | 2024-12-31 | €2.28B | €1.61B | +238.87% | +14.57% |
| 2023 | 2023-12-31 | €674.0M | €653.0M | +3109.52% | +5.09% |
| 2022 | 2022-12-31 | €21.0M | −€255.0M | −92.39% | +0.18% |
| 2021 | 2021-12-31 | €276.0M | €95.0M | +52.49% | +2.85% |
| 2020 | 2020-12-31 | €181.0M | −€257.0M | −58.68% | +2.30% |
| 2019 | 2019-12-31 | €438.0M | €219.0M | +100.00% | +6.48% |
| 2018 | 2018-12-31 | €219.0M | €76.0M | +53.15% | +4.16% |
| 2017 | 2017-12-31 | €143.0M | €69.0M | +93.24% | +3.50% |
| 2016 | 2016-12-31 | €74.0M | — | — | +2.51% |
Spotify Technology S.A quarterly free cash flow
No reported data
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|
Spotify Technology S.A free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from €181.0M to €2.87B, a compound annual growth rate of 73.82%.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Spotify Technology S.A filings at SEC.gov ↗