Latest period
209M
YoY change
+1.7%
5Y CAGR
+2.3%
Peak year (FY2025)
211M
Latest annual
211M
Shares Outstanding history chart for Spotify (SPOT) from 2016 to 2025
Latest: 211M
Shares Outstanding growth chart for Spotify (SPOT) from 2016 to 2025
Latest: +1.7%
Shares Outstanding history table for Spotify (SPOT) from 2015 to 2025
| FY2025 | 211M | +1.7% | +3.52M | ||
| FY2024 | 207M | +6.3% | +12.3M | ||
| FY2023 | 195M | -0.6% | -1.11M | ||
| FY2022 | 196M | +1.0% | +1.9M | ||
| FY2021 | 194M | +3.4% | +6.36M | ||
| FY2020 | 188M | +3.7% | +6.62M | ||
| FY2019 | 181M | -0.1% | -250K | ||
| FY2018 | 181M | +1.7% | +3.1M | ||
| FY2017 | 178M | +6.2% | +10.3M | ||
| FY2016 | 168M | 0.0% | 0 | ||
| FY2015 | 168M | — | — |
- FY2025211M+1.7%
- FY2024207M+6.3%
- FY2023195M-0.6%
- FY2022196M+1.0%
- FY2021194M+3.4%
- FY2020188M+3.7%
- FY2019181M-0.1%
- FY2018181M+1.7%
- FY2017178M+6.2%
- FY2016168M0.0%
- FY2015168M—
Shares Outstanding values are taken from Spotify's reported income 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 are in EUR as filed.
About Shares Outstanding at Spotify (SPOT)
According to Spotify's latest reported financial statements, the company's latest reported diluted shares outstanding is 209M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Spotify (SPOT) reported diluted shares outstanding of 211M – edged up 1.7% year-over-year.
Across 2020–2025 (5 years), Spotify diluted shares outstanding produced a CAGR of +2.3% – sustaining 2 straight years of year-over-year growth.
2025 marks the peak diluted shares outstanding at 211M, with the historical low of 168M recorded in 2015.
Spotify Shares Outstanding by Year
Spotify Shares Outstanding 2025: 211M
Spotify diluted shares outstanding in 2025 was 211M, edged up 1.7% from 2024. This figure represents the highest annual value in the available history.
Spotify Shares Outstanding 2024: 207M
2024's diluted shares outstanding for Spotify came in at 207M, grew 6.3% from 2023.
Spotify Shares Outstanding 2023: 195M
Spotify posted diluted shares outstanding of 195M in 2023, edged down 0.6% below 2022.
Spotify Shares Outstanding 2022: 196M
In 2022, Spotify reported diluted shares outstanding of 196M, edged up 1.0% from 2021.
Spotify Shares Outstanding 2021: 194M
Spotify diluted shares outstanding in 2021 was 194M.
See more financial history for Spotify (SPOT).
Sector peers by Shares Outstanding
Communication Services peers of Spotify (SPOT), ranked by their latest diluted shares outstanding
| 12.2B | |
| 7.18B | |
| 4.32B | |
| 4.23B | |
| 3.64B | |
| 2.57B | |
| 1.81B | |
| 1.13B |
- 12.2B
- 7.18B
- 4.32B
- 4.23B
- 3.64B
- 2.57B
- 1.81B
- 1.13B
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Spotify (SPOT) Key Financials
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