Ticker League

Latest period

$3.69B

YoY change

+37.2%

5Y CAGR

+73.0%

Peak year (2025)

$3.34B

Free Cash Flow history chart for Spotify (SPOT) from 2015 to 2025

Latest: $3.34B

Free Cash Flow growth chart for Spotify (SPOT) from 2015 to 2025

Latest: +37.2%

Free Cash Flow history table for Spotify (SPOT) from 2015 to 2025

  • 2025$3.34B+37.2%
  • 2024$2.44B+235.9%
  • 2023$725.44M+3280.5%
  • 2022$21.46M-93.2%
  • 2021$315.53M+46.2%
  • 2020$215.83M-55.5%
  • 2019$484.95M+94.1%
  • 2018$249.81M+59.5%
  • 2017$156.61M+96.3%
  • 2016$79.79M-183.8%
  • 2015−$95.26M

Free Cash Flow values are taken from Spotify's reported cash flow statements (interim 6-K and annual 20-F 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 Free Cash Flow at Spotify (SPOT)

Free Cash Flow for Spotify (SPOT): headline value $3.69B · YoY +37.2%. Annual and quarterly series, chart, and tables are below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Spotify (SPOT) most recent annual free cash flow stands at €2.87B (2025) – grew 25.7% year-over-year.

Across 2020–2025 (5 years), Spotify free cash flow produced a CAGR of +73.8% – sustaining 3 straight years of year-over-year growth.

€2.87B stands as the all-time-high annual free cash flow, posted in 2025, against a low of −€87.00M during 2015.

Spotify Free Cash Flow by Year

Spotify Free Cash Flow 2025: $3.34B

Spotify posted free cash flow of €2.87B ($3.34B) in 2025, grew 25.7% from 2024. This figure represents the highest annual value in the available history.

Spotify Free Cash Flow 2024: $2.44B

In 2024, Spotify reported free cash flow of €2.28B ($2.44B), surged 238.9% from 2023.

Spotify Free Cash Flow 2023: $725.44M

Spotify free cash flow in 2023 was €674.00M ($725.44M), surged 3109.5% from 2022.

Spotify Free Cash Flow 2022: $21.46M

2022's free cash flow for Spotify came in at €21.00M ($21.46M), plunged 92.4% below 2021.

Spotify Free Cash Flow 2021: $315.53M

Spotify free cash flow in 2021 was €276.00M ($315.53M).

See more financial history for Spotify (SPOT).

Sector peers by Free Cash Flow

Communication Services peers of Spotify (SPOT), ranked by their latest free cash flow

Frequently asked questions