Spotify Technology S.A. (SPOT) Enterprise Value (EV): $96.59B
The enterprise value (EV) for Spotify Technology S.A. (SPOT) is $96.59B as of Thursday, June 11, 2026.
SPOT Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$96.59B
SPOT Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Spotify Technology S.A. (SPOT) | $100.54B | $96.59B |
| Comcast Corporation (CMCSA) | $85.68B | $202.77B |
| Electronic Arts Inc. (EA) | $50.92B | $49.59B |
| AT&T Inc. (T) | $161.27B | $333.83B |
| Reddit, Inc. (RDDT) | $32.03B | $41.91B |
| The Walt Disney Company (DIS) | $171.33B | $243.88B |
| Charter Communications, Inc. (CHTR) | $19.40B | $124.86B |
| Roku, Inc. (ROKU) | $17.29B | $15.25B |
| Pinterest, Inc. (PINS) | $13.94B | $16.76B |
| The Trade Desk, Inc. (TTD) | $8.75B | $18.00B |
Enterprise Value Calculation
Market Cap
$100.54B
Total Debt
$2.22B
Cash
$6.17B
Enterprise Value
$96.59B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Spotify Technology S.A. Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Spotify Technology S.A. Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Spotify Technology S.A. (SPOT)?
- The enterprise value (EV) for SPOT stock is $96.59B.
Related Metrics
About Spotify Technology S.A.
Spotify Technology S.A., through its various entities, functions as a global provider of audio streaming services. Its operational model is split into two distinct segments: Premium and Ad-Supported. The Premium segment caters to subscribers by granting them uninterrupted, ad-free access to its extensive catalog of music and podcasts, available for both online and offline consumption. Conversely, the Ad-Supported segment delivers online, on-demand music streaming and unlimited podcast access to users, facilitated by advertisements and available across computers, tablets, and various mobile devices. Beyond its core streaming offerings, Spotify also manages functions like sales, marketing, outsourced research and development, and comprehensive customer support. By the end of 2021 (December 31), the platform had amassed a significant global user base, comprising 406 million monthly active users and 180 million premium subscribers spanning 184 nations and regions. Incorporated in 2006, the firm's corporate headquarters are situated in Luxembourg, Luxembourg.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- CEO
- Alex Norström