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Spotify TechnologyXSWX:SPOT -2.58%77 3-Year FCF Growth Rate is 419.40% as of Jun. 2026, which is 781% above its 10-year median of 47.60. GuruFocus rates XSWX:SPOT with a GF Score™ of 77/100 and a GF Value™ of CHF426.12. The stock has 2 warning signs investors should review. Among 360 Interactive Media companies, Spotify Technology ranks better than 99.72% on this metric.
During the past 12 months, Spotify Technology's average Free Cash Flow per Share Growth Rate was 21.60% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 419.40% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 90.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
During the past 11 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Spotify Technology was 419.40% per year. The lowest was -65.10% per year. And the median was 47.60% per year.
Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.
Spotify Technology 3-Year FCF Growth Rate Related Terms
XSWX:SPOT vs NBIS, BIDU, RDDT: 3-Year FCF Growth Rate Comparison
For the Internet Content & Information subindustry, Spotify Technology's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spotify Technology 3-Year FCF Growth Rate vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Spotify Technology's 3-Year FCF Growth Rate distribution charts can be found below:
* The bar in red indicates where Spotify Technology's 3-Year FCF Growth Rate falls into.
This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
What does a 3-Year FCF Growth Rate of 419.40% mean?
Spotify Technology (XSWX:SPOT) has a 3-Year FCF Growth Rate of 419.40% as of Jun. 2026. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Spotify Technology and its competitors. This is 781% above median its historical median of 47.60. According to the industry distribution chart, Spotify Technology ranks #1 out of 360 companies in the Interactive Media industry, placing it in the top 0.3%.
Is Spotify Technology's 3-Year FCF Growth Rate too high?
Spotify Technology's current 3-Year FCF Growth Rate of 419.40% is 781% above median its 10-year median of 47.60. The Interactive Media industry median 3-Year FCF Growth Rate is 14.60. Spotify Technology's value of 419.40% is 2772.6% above this industry median. Based on the distribution chart, Spotify Technology ranks #1 out of 360 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. 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 3-Year FCF Growth Rate compare to NBIS and BIDU?
According to the Interactive Media industry distribution chart, Spotify Technology ranks #1 out of 360 companies for 3-Year FCF Growth Rate. This places Spotify Technology in the top 0% of its industry — outperforming the majority of peers. The industry median 3-Year FCF Growth Rate is 14.60. Spotify Technology's value of 419.40% is 2772.6% above this benchmark. While the company's 10-year median is 47.60 vs. the industry median of 14.60, Spotify Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year FCF Growth Rate for an Interactive Media company?
The median 3-Year FCF Growth Rate among Interactive Media companies is 14.60, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year FCF Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year FCF Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spotify Technology's current 3-Year FCF Growth Rate of 419.40% is 2772.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year FCF Growth Rate mean?
A high 3-Year FCF Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Spotify Technology and its competitors. For the Interactive Media industry, the median 3-Year FCF Growth Rate is 14.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spotify Technology's current 3-Year FCF Growth Rate is 419.40%, which is 781% above median its own 10-year median of 47.60. 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 3-Year FCF Growth Rate of 419.40%. The stock's GF Value™ is CHF426.12, compared to a current price of CHF434.00 — trading 1.8% above its estimated fair value. The current 3-Year FCF Growth Rate is 419.40%, which is 781% above median its 10-year median of 47.60 and 2772.6% above the Interactive Media industry median of 14.60. 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 3-Year FCF Growth Rate calculated?
3-Year FCF Growth Rate is calculated from a company's financial statements. For Spotify Technology (XSWX:SPOT), the current 3-Year FCF Growth Rate is 419.40% as of Jun. 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 CHF434.00 is trading 1.8% above its estimated GF Value™ of CHF426.12.
Key valuation signals for XSWX:SPOT:
3-Year FCF Growth Rate: 419.40% (781% above median its 10-year median of 47.60)
GF Value™: CHF426.12 vs. price of CHF434.00 (1.8% above fair value)
Industry Position: 2772.6% above the Interactive Media median (#1 of 360)
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 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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