Skip to main content
Methodology published · Market data, model notes, and corrections process are public · Data policy · Corrections policy

NYSE · Communication Services · Profile

Spotify Technology (SPOT) stock profile and business model

What Spotify Technology does, how the business earns money, and how valuation, peers, ownership, and risk shape the TECHi profile.

Section freshness

Prices as of Sep 4, 4:00 PM EDT · Fundamentals checked Sep 8, 6:14 AM EDT

Investor profile snapshot

SPOT live price, business model and key metrics

Start with the live market print, then use this profile to connect Spotify Technology's operating model with revenue, margins, peer context, and investor risk.

Market closedLatest regular-session print

$542.43

-$17.68(-3.16%)4:00 PM ET - vs previous closei

Quote as of Sep 4, 2026, 4:00 PM EDT

NYSE market is closed. Showing the latest available regular-session trade from Sep 4, 2026, 4:00 PM EDT.

Market data source

Today7%
$540.81L Sep 4 '26$563.65H Sep 4 '26
52-week40%
$405.00$745.00
Long-term ranges5Y, Since first print
5Y66%
$69.29L Nov 4 '22$785.00H Jun 27 '25
Since first print66%
$69.29L Nov 4 '22$785.00H Jun 27 '25

1Y · USD · 254 pts

$542.43

Last close · Sep 26

-22.21%Open summary
Market-data preview · Sep 25 to Sep 261-year price range
SPOT one-year price chartServer-rendered SVG chart showing SPOT price history.
1Y High$745.001Y Low$405.00

SPOT one-year SVG chart preview from 2025-09-03 to 2026-09-04.

Live price

$542.43

Live during market hours

Market cap

$111.52B

Equity scale

Analyst view

Buy

Target $614.23 (+13.24% implied)

Company · Profile

About Spotify Technology (SPOT)

Sector, leadership, and how Spotify Technology earns its revenue.

Spotify Technology

NYSE · SPOT · SE

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 users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.

Sector
Communication Services
Industry
Internet Content & Information
Headquarters
Stockholm, Sweden
Country
SE
Founded
2018
Employees
7,000
CEO
Alex Norström
Exchange
NYSE

Business identity

Spotify Technology company facts and operating footprint

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 users and partners. The Ad-Supported segment provides limited on-demand online access to its catalog of music and online and offline access to its catalog of podcasts on computers, tablets, mobile devices, and other smart devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is headquartered in Stockholm, Sweden.

Sector
Communication Services
Industry
Internet Content & Information
Headquarters
Stockholm, Sweden
Founded
2018
Employees
7,000
CEO
Alex Norström
Country
SE
Exchange
NYSE
Registration and filing identifiersShow
Asset type
Common Stock
CIK
0001639920

Key metrics

SPOT valuation, revenue and margin profile

Full statistics
Market cap
$111.52B
Equity scale

Competitors

SPOT competitors and peer context

Peer data is limited for this ticker.

Risk heatmap

SPOT business risks investors should monitor

Valuation sensitivity

Elevated

29.42x

Use the forward P/E and PEG context before treating the profile as cheap or expensive.

Balance-sheet flexibility

Monitor

Ratios pending

Debt load and near-term liquidity shape how much strategic patience the company has.

Growth durability

Monitor

Latest YoY revenue growth is the first check on whether the business model is still expanding.

Market sensitivity

Elevated

Beta 1.59

Higher beta can amplify drawdowns when rates, earnings expectations, or sector appetite shift.

Regulatory and operating pressure

Elevated

Communication Services

Platform rules, AI governance, export controls, and supply-chain constraints can move product timing, margins, or addressable markets.

SPOT ownership and registration profile

Float shares
157.07M
Insider ownership
23.46%
Institutional ownership
69.10%
Address
Regeringsgatan 19, Stockholm, 111 53, Sweden

Size & scale

Market cap
$111.52B
Shares outstanding
205.58M
Currency
USD

Frequently asked

Common questions.

What does Spotify Technology do?

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported.

Where does TECHi source the SPOT profile?

SPOT profile facts come from company filings and TECHi's market-data providers; any detail that is not available is left blank rather than inferred.