Latest period
$69.78M
YoY change
+291.5%
5Y CAGR
-5.3%
Peak year (2019)
$149.47M
Cumulative CapEx
$746.26M
CapEx history chart for Spotify (SPOT) from 2015 to 2025
Latest: $71.00M
CapEx growth chart for Spotify (SPOT) from 2015 to 2025
Latest: +291.5%
CapEx history table for Spotify (SPOT) from 2015 to 2025
| 2025 | $71.00M | +291.5% | +$52.87M | ||
| 2024 | $18.14M | +180.8% | +$11.68M | ||
| 2023 | $6.46M | -74.7% | −$19.09M | ||
| 2022 | $25.55M | -73.7% | −$71.63M | ||
| 2021 | $97.17M | +4.5% | +$4.16M | ||
| 2020 | $93.01M | -37.8% | −$56.46M | ||
| 2019 | $149.47M | +4.8% | +$6.89M | ||
| 2018 | $142.58M | +163.2% | +$88.42M | ||
| 2017 | $54.17M | +86.1% | +$25.05M | ||
| 2016 | $29.11M | -45.7% | −$24.54M | ||
| 2015 | $53.65M | — | — |
- 2025$71.00M+291.5%
- 2024$18.14M+180.8%
- 2023$6.46M-74.7%
- 2022$25.55M-73.7%
- 2021$97.17M+4.5%
- 2020$93.01M-37.8%
- 2019$149.47M+4.8%
- 2018$142.58M+163.2%
- 2017$54.17M+86.1%
- 2016$29.11M-45.7%
- 2015$53.65M—
CapEx values are taken from Spotify's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts converted to USD using IAS 21 average exchange rates (P&L / cash flow) or closing rates (balance sheet). Originally filed in EUR.
About CapEx at Spotify (SPOT)
According to Spotify's latest reported financial statements, the company's current CapEx (TTM) is $69.78M. 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 .
In 2025, Spotify (SPOT) CapEx totalled €61.00M – surged 258.8% year-over-year.
Across 2020–2025 (5 years), Spotify CapEx produced a CAGR of -4.8% – sustaining 2 straight years of year-over-year growth.
Between 2019 and 2025, Spotify CapEx plunged 54.8%, falling from €135.00M to €61.00M.
The highest annual CapEx of €135.00M was reported in 2019. The lowest in the available history was €6.00M in 2023.
Spotify Capital Expenditures by Year
Spotify Capital Expenditures 2025: $71.00M
Spotify CapEx in 2025 was €61.00M ($71.00M), surged 258.8% from 2024.
Spotify Capital Expenditures 2024: $18.14M
2024's CapEx for Spotify came in at €17.00M ($18.14M), surged 183.3% from 2023.
Spotify Capital Expenditures 2023: $6.46M
Spotify posted CapEx of €6.00M ($6.46M) in 2023, plunged 76.0% below 2022. This figure represents the lowest annual value in the available history.
Spotify Capital Expenditures 2022: $25.55M
In 2022, Spotify reported CapEx of €25.00M ($25.55M), plunged 70.6% below 2021.
Spotify Capital Expenditures 2021: $97.17M
Spotify CapEx in 2021 was €85.00M ($97.17M).
See more financial history for Spotify (SPOT).
Sector peers by CapEx
Communication Services peers of Spotify (SPOT), ranked by their latest CapEx
| $91.45B | |
| $69.69B | |
| $20.84B | |
| $17.01B | |
| $11.75B | |
| $9.96B | |
| $8.02B | |
| $688.22M |
- $91.45B
- $69.69B
- $20.84B
- $17.01B
- $11.75B
- $9.96B
- $8.02B
- $688.22M
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