Spotify Technology S.A.

Research Spotify Technology S.A. (SPOT) on Bullrun: valuation model: 3.1% overvalued, market cap USD 95.06B, P/E 36.8. Explore financials, valuation history, model signals, and stock context.

Key Metrics

• TickerSPOT
• ExchangeNYSE
• CountrySweden
• SectorCommunication Services
• IndustryInternet Content & Information
• CurrencyUSD
• Valuation signal3.1% overvalued
• Market capUSD 95.06B
• P/E36.8
• Financial periodQ1 2026
• RevenueUSD 4.53B
• Net incomeUSD 721.00M
• Free cash flowUSD 831.00M
• Gross margin33.0%

Valuation Snapshot

Bullrun's latest valuation model marks Spotify Technology S.A. as 3.1% overvalued; latest market cap is USD 95.06B; P/E is 36.8.

About Spotify Technology S.A.

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks in select markets through subscription offerings primarily sold directly to end users and partners.

Frequently asked questions

Is Spotify Technology S.A. overvalued or undervalued?

Bullrun's valuation model currently marks Spotify Technology S.A. as 3.1% overvalued.

What is Spotify Technology S.A.'s market cap?

Spotify Technology S.A.'s market capitalization is USD 95.06B.

What is Spotify Technology S.A.'s P/E ratio?

Spotify Technology S.A.'s price-to-earnings (P/E) ratio is 36.8.

What does Spotify Technology S.A. do?

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported.