Spotify Technology (XSWX:SPOT) Accumulated Depreciation: CHF-591 Mil (As of Mar. 2026)

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XSWX:SPOT Spotify Technology SA XSWX:SPOT
77 GF Score
Price CHF415.50
GF Value CHF412.21
! 2 Warning Signs
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What is Spotify Technology Accumulated Depreciation?

Spotify Technology XSWX:SPOT -0.36% 77 Accumulated Depreciation is CHF-591 Mil as of Mar. 2026. GuruFocus rates XSWX:SPOT with a GF Score™ of 77/100 and a GF Value™ of CHF412.21. The stock has 2 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Spotify Technology's quarterly accumulated depreciation increased from Sep. 2025 (CHF-585 Mil) to Dec. 2025 (CHF-598 Mil) but then stayed the same from Dec. 2025 (CHF-598 Mil) to Mar. 2026 (CHF-591 Mil).

Spotify Technology's annual accumulated depreciation declined from Dec. 2023 (CHF-636 Mil) to Dec. 2024 (CHF-633 Mil) but then stayed the same from Dec. 2024 (CHF-633 Mil) to Dec. 2025 (CHF-598 Mil).

Spotify Technology Accumulated Depreciation Related Terms

Spotify Technology Accumulated Depreciation Historical Data

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The historical data trend for Spotify Technology's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spotify Technology Accumulated Depreciation Chart

Spotify Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -341.34 -444.09 -635.63 -632.99 -598.14

Spotify Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -635.24 -266.38 -584.93 -598.14 -590.70
XSWX:SPOT
77GF Score
Spotify Technology SA XSWX:SPOT
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Spotify Technology Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of CHF-591 Mil mean?
Spotify Technology (XSWX:SPOT) has a Accumulated Depreciation of CHF-591 Mil as of Mar. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Spotify Technology and its competitors.
Is Spotify Technology's Accumulated Depreciation too high?
Spotify Technology's current Accumulated Depreciation is CHF-591 Mil. Overall, Spotify Technology has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Spotify Technology's Accumulated Depreciation compare to NBIS and BIDU?
Spotify Technology's Accumulated Depreciation of CHF-591 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Interactive Media company?
A good Accumulated Depreciation depends on the Interactive Media industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Spotify Technology and its competitors. Spotify Technology's current Accumulated Depreciation is CHF-591 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spotify Technology stock overvalued right now?
Spotify Technology (XSWX:SPOT) has a current Accumulated Depreciation of CHF-591 Mil. The stock's GF Value™ is CHF412.21, compared to a current price of CHF415.50 — trading 0.8% above its estimated fair value. The current Accumulated Depreciation is CHF-591 Mil. Spotify Technology's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Spotify Technology (XSWX:SPOT), the current Accumulated Depreciation is CHF-591 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spotify Technology (XSWX:SPOT) Overvalued in 2026?

Based on GuruFocus' analysis, Spotify Technology stock appears to be overvalued. The current stock price of CHF415.50 is trading 0.8% above its estimated GF Value™ of CHF412.21.

Key valuation signals for XSWX:SPOT:

  • Accumulated Depreciation: CHF-591 Mil
  • GF Value™: CHF412.21 vs. price of CHF415.50 (0.8% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the XSWX:SPOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Spotify Technology Business Description

Address Regeringsgatan 19, Stockholm, SWE, 111 53
Spotify is the leading global music streaming service, with over 750 million monthly active users and nearly 300 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from subscribers, who pay a monthly fee to access a music library that includes most of the most popular songs ever recorded, including all from the major record labels. The firm also offers access to audiobooks and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog, but cannot customize a similar on-demand experience.
77GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF415.50
Price
CHF412.21
GF Value