Total Debt for Spotify (SPOT)
According to Spotify's latest reported financial statements, the company's latest reported total debt is $2.32B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
SPOT
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Latest period
$2.32B
YoY change
+16.1%
5Y CAGR
+32.2%
Peak year (2025)
$2.32B
Latest annual
$2.32B
Total Debt history chart for Spotify (SPOT) from 2015 to 2025
Total Debt history table for Spotify (SPOT) from 2015 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $2.32B | +16.1% | ||
| 2024 | $2.00B | +17.5% | ||
| 2023 | $1.70B | +2.0% | ||
| 2022 | $1.67B | -6.6% | ||
| 2021 | $1.79B | +210.0% | ||
| 2020 | $576.28M | -6.3% | ||
| 2019 | $614.95M | — | ||
| 2018 | $0 | -100.0% | ||
| 2017 | $969.50M | -13.3% | ||
| 2016 | $1.12B | +10091.1% | ||
| 2015 | $10.97M | — |
Total Debt values are taken from Spotify's reported balance sheets (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
As of the 2025 fiscal year, Spotify (SPOT) reported total debt of $2.32B – grew 16.1% year-over-year.
Over 2020–2025 (5 years), Spotify total debt expanded at a +32.2% compound annual rate, with the latest reading among the more recent periods of the dataset.
The highest annual total debt of $2.32B was reported in 2025. The lowest in the available history was $0 in 2018.
Within Communication Services, Spotify (SPOT) ranks 9th among 8 peers we track. The peer median for total debt is $97.17B.
Spotify Total Debt by Year
Spotify Total Debt 2025: $2.32B
Spotify total debt in 2025 was $2.32B, grew 16.1% from 2024. This figure represents the highest annual value in the available history.
Spotify Total Debt 2024: $2.00B
Spotify total debt in 2024 was $2.00B, grew 17.5% from 2023.
Spotify Total Debt 2023: $1.70B
Spotify total debt in 2023 was $1.70B, edged up 2.0% from 2022.
Spotify Total Debt 2022: $1.67B
Spotify total debt in 2022 was $1.67B, declined 6.6% below 2021.
Spotify Total Debt 2021: $1.79B
Spotify total debt in 2021 was $1.79B.
See more financial history for Spotify (SPOT).
Sector peers — Total Debt
Companies in the same sector as Spotify, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Verizon Communications Inc. (VZ) | $200.59B | Communication Services |
| AT&T Inc. (T) | $173.99B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $122.27B | Communication Services |
| Comcast Corporation (CMCSA) | $110.44B | Communication Services |
| Meta Platforms, Inc. (META) | $83.90B | Communication Services |
| Alphabet Inc. (GOOGL) | $59.29B | Communication Services |
| The Walt Disney Company (DIS) | $44.88B | Communication Services |
| Netflix, Inc. (NFLX) | $14.46B | Communication Services |
Frequently asked questions
What is Spotify's total debt?
- Latest reported total debt for Spotify (SPOT) is $2.32B (period ending December 31, 2025).
How has Spotify total debt changed year-over-year?
- Spotify (SPOT) total debt changed +16.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Spotify total debt?
- Spotify (SPOT) total debt compound annual growth rate is +32.2% over the most recent 5 years available.
When did Spotify total debt hit its highest annual value?
- Spotify total debt reached its highest annual value of $2.32B in 2025.
What was Spotify total debt in 2024?
- Spotify (SPOT) total debt in 2024 was $2.00B.
What was Spotify total debt in 2025?
- Spotify (SPOT) total debt in 2025 was $2.32B.
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