Capital Expenditures for Spotify (SPOT)
According to Spotify's latest reported financial statements, the company's current capital expenditures (TTM) is $61.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
SPOT
Currently viewingCapital ExpendituresSwitch metric
Latest period
$61.00M
YoY change
+258.8%
5Y CAGR
-4.8%
Peak year (2019)
$135.00M
Cumulative capital expenditures
$654.00M
CapEx history chart for Spotify (SPOT) from 2015 to 2025
CapEx history table for Spotify (SPOT) from 2015 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $61.00M | +258.8% | ||
| 2024 | $17.00M | +183.3% | ||
| 2023 | $6.00M | -76.0% | ||
| 2022 | $25.00M | -70.6% | ||
| 2021 | $85.00M | +9.0% | ||
| 2020 | $78.00M | -42.2% | ||
| 2019 | $135.00M | +8.0% | ||
| 2018 | $125.00M | +171.7% | ||
| 2017 | $46.00M | +70.4% | ||
| 2016 | $27.00M | -44.9% | ||
| 2015 | $49.00M | — |
CapEx values are taken from Spotify's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in EUR as filed.
Analysis
In 2025, Spotify (SPOT) capital expenditures totalled $61.00M – surged 258.8% year-over-year.
Across 2020–2025 (5 years), Spotify capital expenditures produced a CAGR of -4.8% – sustaining 2 straight years of year-over-year growth.
Between 2019 and 2025, Spotify capital expenditures plunged 54.8%, falling from $135.00M to $61.00M.
The highest annual capital expenditures of $135.00M was reported in 2019. The lowest in the available history was $6.00M in 2023.
Among 8 Communication Services peers, Spotify (SPOT) ranks 9th; the peer median for capital expenditures is $14.38B.
Spotify Capital Expenditures by Year
Spotify Capital Expenditures 2025: $61.00M
Spotify capital expenditures in 2025 was $61.00M, surged 258.8% from 2024.
Spotify Capital Expenditures 2024: $17.00M
Spotify capital expenditures in 2024 was $17.00M, surged 183.3% from 2023.
Spotify Capital Expenditures 2023: $6.00M
Spotify capital expenditures in 2023 was $6.00M, plunged 76.0% below 2022. This figure represents the lowest annual value in the available history.
Spotify Capital Expenditures 2022: $25.00M
Spotify capital expenditures in 2022 was $25.00M, plunged 70.6% below 2021.
Spotify Capital Expenditures 2021: $85.00M
Spotify capital expenditures in 2021 was $85.00M.
See more financial history for Spotify (SPOT).
Sector peers — CapEx
Companies in the same sector as Spotify, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $91.45B | Communication Services |
| Meta Platforms, Inc. (META) | $69.69B | Communication Services |
| AT&T Inc. (T) | $20.84B | Communication Services |
| Verizon Communications Inc. (VZ) | $17.01B | Communication Services |
| Comcast Corporation (CMCSA) | $11.75B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $9.96B | Communication Services |
| The Walt Disney Company (DIS) | $8.02B | Communication Services |
| Netflix, Inc. (NFLX) | $688.22M | Communication Services |
Frequently asked questions
What is Spotify's capital expenditures?
- Latest reported capital expenditures for Spotify (SPOT) is $61.00M (period ending December 31, 2025).
How has Spotify capital expenditures changed year-over-year?
- Spotify (SPOT) capital expenditures changed +258.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Spotify capital expenditures?
- Spotify (SPOT) capital expenditures compound annual growth rate is -4.8% over the most recent 5 years available.
When did Spotify capital expenditures hit its highest annual value?
- Spotify capital expenditures reached its highest annual value of $135.00M in 2019.
What was Spotify capital expenditures in 2024?
- Spotify (SPOT) capital expenditures in 2024 was $17.00M.
What was Spotify capital expenditures in 2025?
- Spotify (SPOT) capital expenditures in 2025 was $61.00M.
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