SPOT (Spotify Technology) Current Deferred Revenue: $896 Mil (As of Jun. 2026)

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SPOT Spotify Technology SA SPOT
79 GF Score
Price $482.23
GF Value $496.29
Valuation Fairly Valued
! 2 Warning Signs
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What is Spotify Technology Current Deferred Revenue?

Spotify Technology SPOT +0.85% 79 Current Deferred Revenue is $896 Mil as of Jun. 2026. GuruFocus rates SPOT with a GF Score™ of 79/100 and a GF Value™ of $496.29 (Fairly Valued). The stock has 2 warning signs investors should review.

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Spotify Technology's current deferred revenue for the quarter that ended in Jun. 2026 was $896 Mil.

Spotify Technology Current Deferred Revenue Related Terms

Spotify Technology Current Deferred Revenue Historical Data

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The historical data trend for Spotify Technology's Current Deferred Revenue 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 Current Deferred Revenue Chart

Spotify Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 517.51 550.85 678.30 715.18 832.55

Spotify Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current Deferred Revenue 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 767.01 812.21 832.55 867.05 896.31
SPOT
79GF Score
Spotify Technology SA SPOT
Current Deferred Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Current Deferred Revenue of $896 Mil mean?
Spotify Technology (SPOT) has a Current Deferred Revenue of $896 Mil as of Jun. 2026. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Spotify Technology and its competitors.
Is Spotify Technology's Current Deferred Revenue too high?
Spotify Technology's current Current Deferred Revenue is $896 Mil. Overall, Spotify Technology has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spotify Technology's Current Deferred Revenue compare to NBIS and BIDU?
Spotify Technology's Current Deferred Revenue of $896 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 Current Deferred Revenue for an Interactive Media company?
A good Current Deferred Revenue depends on the Interactive Media industry context. However, Current Deferred Revenue 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 Current Deferred Revenue mean?
A high Current Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Spotify Technology and its competitors. Spotify Technology's current Current Deferred Revenue is $896 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?
Based on GuruFocus' analysis, Spotify Technology (SPOT) is currently considered Fairly Valued. The stock's GF Value™ is $496.29, compared to a current price of $482.23 — trading 2.8% below its estimated fair value. The current Current Deferred Revenue is $896 Mil. Spotify Technology's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Deferred Revenue calculated?
Current Deferred Revenue is calculated from a company's financial statements. For Spotify Technology (SPOT), the current Current Deferred Revenue is $896 Mil 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 (SPOT) Overvalued in 2026?

Based on GuruFocus' analysis, Spotify Technology stock appears to be undervalued. The current stock price of $482.23 is trading 2.8% below its estimated GF Value™ of $496.29. GuruFocus considers Spotify Technology to be Fairly Valued.

Key valuation signals for SPOT:

  • Current Deferred Revenue: $896 Mil
  • GF Value™: $496.29 vs. price of $482.23 (2.8% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the 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.
79GF Score

Get the complete analysis for SPOT

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

$482.23
Price
$496.29
GF Value