What if you invested in Spotify in 2018?
SPOT · Technology · Data through 2026-06-01
If you invested $1,000 in Spotify in 2018
The same $1,000 in the S&P 500 would be worth $3,010(+201%)
The S&P 500 returned $3,010 on the same $1,000. S&P 500 outperformed by $170.
Try a different start date
Pick any month and year to see what Spotify would be worth.
Compare Spotify to another stock
See how Spotify stacks up since 2018, head to head.
What if Spotify keeps this up?
Project forward at Spotify's 12.9% historical growth rate. See 5-30 year scenarios.
Growth of $1,000
Spotify vs. S&P 500 vs. US Dollar, 2018 to present
Year-by-Year Returns
$1,000 invested in Spotify starting January 2018
| Year | Price | Value | Annual |
|---|---|---|---|
| 2018 | $161.67 | $1,000 | - |
| 2019 | $135.45 | $838 | -16.2% |
| 2020 | $141.30 | $874 | +4.3% |
| 2021 | $315.00 | $1,948 | +122.9% |
| 2022 | $196.26 | $1,214 | -37.7% |
| 2023 | $112.72 | $697 | -42.6% |
| 2024 | $215.35 | $1,332 | +91% |
| 2025 | $548.55 | $3,393 | +154.7% |
| 2026 | $500.35 | $3,095 | -8.8% |
What this return means
$1,000 invested in Spotify (SPOT) in 2018 is worth $2,840 today. That is a +184.0% gain, a little over 2.8x your money, measured to 2026-06-01.
That is about 12.9% a year compounded, broadly in line with long-run stock market averages. By comparison the S&P 500 returned about $3,010 on the same stake, edging out Spotify by close to $170. The index compounded at about 13.7% a year, a reminder that a single stock can lag a basket of them.
The year-by-year record shows how bumpy the ride was. The best single year was 2025 at +154.7%, and the worst was 2023 at -42.6%. At its lowest point the position was down about 64% from an earlier high. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.
None of this is a recommendation. It is a record of what already happened, and past performance does not guarantee future results.
What if you invested $100 a month instead?
Most people do not drop a lump sum in on day one. They add a fixed amount every month. Putting $100 into Spotify at the close of every month from April 2018 through June 2026 means 99 buys and $9,900 contributed over about 8.3 years.
$100/month, dollar-cost averaged
$23,815
+140.6% on $9,900 in
Same $9,900, all in at the start
$28,115
+184.0% on $9,900 in
Going all in at the start beat spreading the buys out by $4,300. That is the usual result when a stock trends up: each monthly buy pays a higher price than the last, so the average cost climbs. Averaging in also meant an average buy price of $190.86 per share across the whole stretch, so the monthly buyer never had to time a single low. Neither number counts dividends, taxes, or trading costs.
Illustrative fixed $100/month example, not a recommendation. Figures are computed from SPOT split-adjusted monthly closes through June 2026. Past performance does not guarantee future results.
Spotify at different times
See how the start year changes the outcome
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Numbers worth sharing
Occasional data drops when something interesting surfaces. No schedule, just signal.
For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.