Spotify (SPOT) - P/S ratio

P/S ratio as of January 2026 (TTM): 5.66

According to Spotify's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 11.7. At the end of 2025 the company had a P/S ratio of 7.80.

P/S ratio history for Spotify from 2018 to 2025

PS ratio at the end of each year

Year	P/S ratio	Change
2025	7.80	42.62%
2024	5.47	114.54%
2023	2.55	105.87%
2022	1.24	-69%
2021	3.99	-38.78%
2020	6.52	78.83%
2019	3.65	9.7%
2018	3.33

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Perion Network PERI	0.9087	-83.94%	🇮🇱 Israel

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P/S ratio for Spotify (SPOT)

P/S ratio as of January 2026 (TTM): 5.66